October 2020 - Fintech Singapore

Archive

Blockchain

Cambodia’s Central Bank Pioneers Digital Currency in South East Asia with Launch of Bakong

The National Bank of Cambodia has officially launched its retail central bank digital currency (CBDC) named Project Bakong, co-developed by Japanese fintech company SORAMITSU. The central bank is the first in South East Asia to do so. Bakong is a

Personal Finance Mgt (PFM)

CompareAsiaGroup Announces the Acquisition of Seedly

Hong Kong-based financial management platform CompareAsiaGroup has announced the acquisition of Seedly, a finance assistant platform in Singapore. This strategic investment takes place two years after Seedly was acquired by ShopBack, a discovery and rewards platform that powers smarter purchase

Big Data

Finastra Launches Its Fusion Data Cloud Platform

Finastra announced the launch of its data platform, the Fusion Data Cloud. The suite of solutions is designed to help financial institutions improve customer engagement, grow revenue, digitise processes for efficiency, and manage risk. Underpinned by the FusionFabric.cloud open developer

Digital Banking InsurTech

Razer Rolls Out Insurance Offering with FWD for Beta Users

Razer Fintech is deepening their collaboration with FWD Singapore (FWD), by providing insurance coverage to its users in Singapore as part of the recently launched Razer Card The former had recently collaborated with Visa, to unveil the Razer Card which will

Digital Banking

Visa: 88% of SMEs Open to Switching to Digital Banks

Eighty-eight percent of small and medium-sized enterprises (SMEs) in Singapore would consider switching some services to digital banks, according to a 2020 Visa study on Digital Banking and SMEs in Singapore. These findings come as the Monetary Authority of Singapore

Crowdfunding

P2P Lending Platform SeedIn Rebrands to BRDGE, Plans Expansion Into Indonesia

Singapore-based P2P investment network SeedIn has announced its rebranding to BRDGE. With the rebranding, BRDGE aims to better reflect the company’s mission to serve Singapore’s small and medium enterprises (SMEs) not just through financial support but with the long-term aim

Blockchain Security

Trust and Security Challenges Remain Despite Rising Blockchain Adoption

Blockchain continues to mature this year as corporates move away from experiments towards the development of robust enterprise ready solutions. While 2019 revealed that blockchain is real and can serve as a pragmatic solution to business problems, 2020 saw leaders

Studies

New Research Highlights Untapped Opportunity for Fintech in Women’s Market

Despite being strong savers and reliable customers, the women’s market remain largely underserved with only 65% of women benefiting from financial services, compared to 72% of men. Though this gender gap represents a massive opportunity for fintech players, these are

Events Partner Content

5 Reasons Why Hong Kong Fintech Week 2020 Is a Must-Attend Event of the Year

Working over the last eight months with FinTech leaders and experts, together with global software engineers, computer graphic designers, digital artists, event and media professionals, Hong Kong FinTech Week (HKFW) will attract over 25,000 attendees from over 70 economies and

Remittance

DBS Pilots Online Tracking for Cross-Border Collections for Businesses

DBS Bank has launched real-time online tracking of cross-border collections for its global corporate clients. Powered by SWIFT Global Payments Innovation (gpi), more than 240,000 DBS corporate and SME clients in Singapore and Hong Kong are said to benefit from