Archive

Authentication Is Done. What About Identification?

Airome Technologies, a Singapore-based developer of cybersecurity solutions for digital banking and e-document management systems, has been working with authentication and transaction confirmation technologies for a while, creating advanced products in this field. However, with the pandemic situation the company

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How to Get Customer Messaging Right in Financial Services

If fintech brands aren’t mindful of today’s looming threats, they may find themselves losing out not just to banks, but to non-financial brands. Think Apple’s wildly successful credit card debut, with over $10 billion dollars of extended credit within two

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Funding Societies Bags Investment From Samsung Ventures

South East Asia’s P2P financing platform, Funding Societies also known as Modalku in Indonesia, announced that Samsung Venture Investment Corporation has invested in its latest funding round. Funding Societies intends to expand its technology team across to tap tech and

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Benefits of Using Premium VPN Service in Singapore

Connecting to the internet has become more commonplace than ever around the world, regardless of the country you are living in or visiting. With internet accessibility at an all-time high, more individuals from international countries than ever have discovered the

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eKYC to Fuel Asia’s Digital Banking Revolution

In Southeast Asia, governments are pushing for greater adoption of digital financial services by introducing favorable regulations on digital onboarding, digital banking, and more, experts said on December 3, 2020. During a virtual panel discussion with Fintech News last week,

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Carro and MSIG Launches AI-Powered Behaviour Based Insurance to Reward Safe Drivers

Carro, South East Asia’s automotive marketplace, has launched a behaviour and usage-based car insurance (UBI) in partnership with Mitsui Sumitomo Insurance Group Holdings (MSIG), a member of MS&AD, a Japanese insurance company. Drivers in South East Asia will enjoy tailored

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StanChart Inches Closer to Singaporean Digibank After New Classification by MAS

Standard Chartered Bank (Singapore) Limited (SCBSL) has been awarded enhanced Significantly Rooted Foreign Bank (SRFB) privileges by the Monetary Authority of Singapore (MAS), indicating that it is making moves for a second digital-only bank after its launch of Mox. The

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COVID-19 Has Given All Fintech Verticals A Boost Except Digital Lending

The COVID-19 pandemic has given the global fintech market a boost, with firms in areas including digital custody, digital asset exchange, digital savings, wealthtech and digital payments recording above-average increases in transaction volume in H1 2020, according to a joint

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All The Major Singapore Fintech Festival Announcements At a Glance

The Singapore Fintech Festival (SFF) 2020 took place between December 7 to 11 this year, featuring a unique hybrid format that combined a 24-hour online platform with satellites events around the world. The 2020 week-long fintech gathering included more than

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Remitano Launches Margin Trading Feature to Increase Traders Potential Profit

With the steady rise of Bitcoin price in recent days, this is arguably one of the best periods for Bitcoin trading and other cryptocurrencies. However, not all willing investors have enough capital to invest in the crypto market and although

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