Homegrown insurer Singlife has completed the transaction for its merger with Aviva Singapore at S$3.2 billion. The transaction announced on…
Month: November 2020
The Monetary Authority of Singapore (MAS) announced that non-bank financial institutions (NFIs) that are licensed as a major payment institution…
Southeast Asia’s young, digitally-savvy and unbanked populations are driving the rise of digital banking, forcing financial services companies to unlock…
Blockchain firm Lightnet Group, has announced a partnership with Siam Commercial Bank (SCB). The partnership will reportedly enable remittance services…
COVID-19 has speeded up digital transformation by several years. According to a new McKinsey Global Survey of executives, companies across…
The Australian Border Force (ABF) begins a blockchain trial for cross border trade with Singapore’s Infocomm Media Development Authority (IMDA).…
The Monetary Authority of Singapore (MAS) has announced the 20 finalists for the 2020 Global FinTech Hackcelerator. The finalists will…
Digital lender IN Financial through its wholly-owned subsidiary Cash-IN-Asia, raised S$5 million in a funding round led by Singapore-based venture…
Over the past years, the Thai fintech ecosystem has grown steadily, now boasting some 96 startups, according to Fintech News’…
GBG, an identity data intelligence specialist, has announced the appointment of Dev Dhiman as its Managing Director of Asia Pacific…
Vietnam’s fintech startup landscape more than tripled in size between 2017 and 2020, growing from 44 startups in 2017 to…
DigiBankASIA, a Singapore-headquartered fintech currently building its digital bank dubbed as UNO, has selected cloud banking platform Mambu for its…
EZ-Link, a contactless smart card used for the payment of public transportation fares in Singapore, has unveiled its enhanced mobile…
Across Asia Pacific, stock exchanges have accelerated the adoption of smart contract technology and DLT to optimize market workflows. The…
The Monetary Authority of Singapore (MAS) and Enterprise Singapore (ESG) announced that more than 40 global satellite events will take…
In Asia Pacific (APAC), adoption of artificial intelligence (AI) and machine learning (ML) in financial markets is accelerating. Though organizations…
Despite COVID-19 headwinds, Southeast Asia’s digital economy has remained strong and resilient, adding 40 million people into the online space…
French beauty retail giant Sephora Singapore has partnered with Atome, a buy now, pay later service, to offer customers flexible…
Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard…
In Vietnam, digital banking development is accelerating on the back of rapid fintech adoption, a booming e-commerce industry and the…