Archive

3 Big Customer Engagement Drivers for Financial Services

In financial services, the growing number of fintech startups and incumbents’ late-to-the-game focus on technology has led to some of the fiercest competition of any industry. Banks are throwing multi-billion-dollar technology budgets into digital transformation initiatives, while fintech brands are

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Swiss’ SIX and SBI Digital Asset Holdings Plan for Singapore’s Digital Asset Exchange

SIX Digital Exchange, a Swiss-based end-to-end platform for digital assets, and SBI Digital Asset Holdings (SBI) announced plans for a digital asset exchange based in Singapore set to go live by 2022. The contemplated venture is set to formalise Singapore

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UNDP Expands Partnership With MAS to Help SMEs Step up Their Digital Capabilities

The United Nations Development Programme’s (UNDP) Global Centre for Technology, Innovation and Sustainable Development and the Monetary Authority of Singapore (MAS) have signed a partnership to help small and medium-sized enterprises (SMEs) leverage technology to better access global value chains.

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SGX and HSBC’s DLT Project Bags Financial Services Award by SwissCham

Singapore Exchange (SGX) and HSBC have jointly emerged as the winner for the Financial Services category at the inaugural Digital Transformation Award (DX Award) at this year’s SwissCham Business Excellence Awards. SGX and HSBC received the award for creating a

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Rely Secures S$100 Million Capital From Goldbell to Expand its Pay Later Services

Singapore-based fintech startup Rely announced it has secured a facility from Polaris, the strategic partnerships arm of Goldbell Financial Services, to process transactions of up to S$100 million. This will enable them to expand their Buy Now Pay Later (BNPL)

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Microsoft and IDC Joint Study Examines Culture of Innovation in the Financial Industry

Despite the challenges and disruptions of COVID-19, the regional Financial Services Industry (FSI) has continued to forge ahead and accelerate the pace of digitisation in response to the pandemic, according to the joint study by Microsoft and IDC. Unveiling the

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Google Cloud Taps Former Cisco Exec as Its South East Asia Lead

Google Cloud announced the appointment of Ruma Balasubramanian as Managing Director for South East Asia. She will be responsible for driving go-to-market strategy, key customer and partner relationships, and operational execution in this fast growing market. Working with a team

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Singaporeans Can Now Access All Their Financial Info Under One Roof With SGFinDex

The Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Group (SNDGG) launched the Singapore Financial Data Exchange (SGFinDex), which will enable Singaporeans to consolidate their financial information for more effective financial planning. The launch was announced

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Singapore Blockchain Ecosystem Report 2020 Unveiled At Singapore Fintech Festival

The Singapore Blockchain Ecosystem Report 2020 was launched at this year’s Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH). The report highlights the impactful developments and trends in Singapore’s blockchain ecosystem over the past year.

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Razer Fintech Shifts Digital Banking Focus to Malaysia and Philippines

The Monetary Authority of Singapore announced last week the 4 entities who were awarded digital banking license. Digital banking hopeful Razer Fintech was not among the list. Responding to the announcement from MAS, Razer Fintech CEO, Lee Li Meng said

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