Archive
6 Key Players in Asia’s Buy Now Pay Later (BNPL) Battleground
‘Buy now, pay later’ (BNPL) adoption is set to grow exponentially in the coming years with Asia Pacific (APAC) being the key driver. A study by Coherent Market Insights estimates that the global BNPL was valued at US$7.3 billion in 2019,
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Grab Creates 350 Jobs to Bolster Its Financial Services in South East Asia
As part of its regional hiring efforts, Grab expects to create around 350 new jobs in Singapore this year to support its growth plans. These include the expansion of products and services to support the digitalisation of micro SMEs, the
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Banks Need to Step Up as Fraudsters Target Surge in Digital Adoption by First Time Users
The COVID-19 pandemic has forced organisations and individuals to embrace new practices and move to online channels, bringing with it a significant increase in fraudulent activities. Affirming this situation, cybersecurity firm Kaspersky recorded a 20% increase in the share of
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PwC Singapore Teams Up with NetGuardians to Help Banks Fight Fraud
Swiss fintech NetGuardians, known for its AI-based, enterprise risk platform for combating banking fraud, announced a partnership with PwC Singapore to help banks fight fraud. With this partnership, banks in Singapore will have access to NetGuardians’ solution along with PwC
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Episode Six Announces Additional $30 Million in Funding
Episode Six, the global provider of modern payment processing and banking infrastructure, today announced that it has secured an additional $30 million of investment, bringing its total capital raised to $40 million. This additional funding comes nine months after the
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Singtel Enables True Business Continuity for Singapore’s Workforce as They Continue to Work-From-Home
While the world continues to contend with COVID-19, with various countries now taking extreme lockdown measures, there is no doubt that many businesses have to maintain their work-from-home mandates. Critical economic sectors like banking, financial institutions, and digital financing platforms
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Fenergo Bolsters APAC Presence With New Head of Sales for Asia
Fenergo, provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, announced the appointment of Gary Brookes as its Head of Sales in Asia. In his new role, Brookes will spearhead growth and execute Fenergo’s cloud strategy across
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OVO’s CEO Provides an Insiders’ Look into Indonesia’s Thriving Fintech Scene
Indonesia is considered the crown jewel for many fintechs looking to expand to the ASEAN market. Over the past 15 years, Indonesia has made remarkable progress in reducing poverty which is now below 10%, according to the World Bank. During
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Stripe Partners Australia’s Afterpay to Offer BNPL Services
Buy Now, Pay Later (BNPL) platform Afterpay will be offering its payment services to Stripe merchants through a seamless integration. The partnership enables both new and existing Stripe merchants to offer Afterpay services which allows their shoppers to pay in
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How Financial Regulations Have Evolved in 2021
Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing and other related criminal activity. Certain jurisdictions have already implemented
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