Archive
VP Bank’s Subsidiary FE Credit Migrates Its Mission-Critical Apps to AWS’ Cloud
Amazon Web Services (AWS) announced that FE CREDIT, a consumer lender in Vietnam and subsidiary of VP Bank, is moving the vast majority of its IT infrastructure to cloud. With the move to AWS, FE CREDIT said that it is
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MAS Pledges S$42 Million to Fast Track Regtech Adoption
The Monetary Authority of Singapore (MAS) has committed S$42 million for a new regtech grant as well as the enhanced Digital Acceleration Grant (DAG) to accelerate technology adoption in the financial sector. These grants are part of the S$250 million
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NICE Partners Refinitiv to Offer Surveillance Suite Across Asia Pacific
NICE Actimize and Refinitiv, a global provider of financial market data and infrastructure, has partnered to offer the former’s SURVEIL-X Holistic Surveillance Suite through both a cloud or on-premises environment in the APAC region. Refinitiv said that it will boost
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Why Consumers Should Not Rely Blindly on Financial Consultants for Their Financial Planning
The layman customer is extremely reliant on the financial consultant. The recent proliferation of simplified consumer-facing tools has helped many understand their financial gaps to a fair degree. However, when it comes down to creating a plan to close those
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Netcetera Singapore Appoints New APAC Head of Sales and Partnerships
Netcetera, a Swiss software company providing digital payment solutions, has appointed Nitin Palande as the APAC Head of Sales and Partnerships at its Singapore regional office. Nitin brings a wealth experience working across multiple geographies and industries including e-commerce, telecommunications,
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NFT Craze and Institutional Participation Fuel the Crypto World
The cryptocurrency rally continued in Q1 2021 fueled by the craze surrounding non-fungible token (NFT) and rising participation from institutional investors, according to CoinGecko’s latest crypto report. The CoinGecko Q1 2021 Quarterly Cryptocurrency Report, released earlier this month, looks at
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U.S. Unicorn Carta Sets up New Singapore Office to Kick off Asian Expansion Plans
Carta, a California-based startup that offers capitalisation table management and valuation software, announced that it has set up a new Singapore office to kick off its first commercial operations in Asia. The US unicorn will be launching its operations in
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Singapore and Thailand Announces World’s First Linkage of Real Time Retail Payment Systems
The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real time retail payment systems. MAS said that it is the first of its kind globally. The linkage is
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Atome Ties up with FOMO Pay to Expand BNPL Acceptance Across Asia
FOMO Pay, a QR payments provider, announced a partnership with Atome that will expand seamless Buy Now, Pay Later (BNPL) acceptance across thousands of online and offline retail businesses in Singapore and across Asia. Atome’s platform has over 3,000 online
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DBS, J.P. Morgan and Temasek to Develop a Blockchain-Based Interbank Payments Platform
DBS, J.P. Morgan and Temasek announced that they will jointly develop a blockchain-based platform for payments, trade and foreign exchange settlement. The company named Partior aims to use blockchain solutions to enable next generation, programmable value transfer for participating banks
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