Archive
Bambu Acquires Rival Wealthtech Firm Tradesocio to Accelerate Global Expansion
Singaporean robo-advisor Bambu announced the acquisition of Tradesocio, a wealthtech firm specialising in investment management and trading technologies with offices in Singapore, India, and Dubai. The firm said that this acquisition significantly strengthens the combined businesses’ competitiveness globally. Through the
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MAS Pushes for AI Innovation With Global Challenge Ahead of Its Fintech Festival
The Monetary Authority of Singapore (MAS) in collaboration with ASEAN Financial Innovation Network (AFIN) and Accenture has announced the launch of the inaugural Global Veritas Challenge where the theme revolves around “Codifying Responsible AI”. The competition seeks to accelerate the
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Thunes Partners Cambodia’s ABA Bank for Faster, Cheaper Cross Border Payments
Global payments network Thunes announced a partnership with ABA Bank (ABA) to enable Cambodians overseas to send money back home quicker and cheaper from around the world. Powered by Thunes’ last-mile capabilities and extensive global network, Cambodians living, working and
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MAS: The Future of Money Is Too Important to Be Left Entirely to Central Bankers
At the Andrew Crockett Memorial Lecture, Mark Carney spoke about ‘Decentralised Finance and the Future of Money.’ Carney provided an overview of the transformation taking place that will “re-wire” monetary and financial systems. According to Carney, centrifugal forces are driving
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Tackling Issues With Tech: A Look Into the Vietnam Proptech Industry
Last year, we saw movement restrictions causing office rents to plummet across Southeast Asia. As the region’s economies entered recession, consumer discretionary spending fell as many opted to wait out the economic storm. While office rents fell in Singapore, Bangkok
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Thai Regulator Cautions Public That Cryptocurrencies Are Not Legal Tender
Bank of Thailand (BOT) issued a statement saying that it has continuously monitored the developments in use cases of digital assets as some enterprises have recently begun soliciting payments in cryptocurrencies such as Bitcoin and Ether as payment for goods
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5 Ways to Protect Your Digital Wallet From Fraud
Your e-wallet, online voucher, or online gift card may be vulnerable to fraud. Notice the signs and take precautions after reading this guide. As the world struggled with the COVID-19 pandemic in 2020, e-fraud has boomed. Mid-to-large sized American e-retailers
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The Key Questions to Consider When Choosing a Fraud Solution for Your Business
Fraud solutioIn this article, learn the key questions you should consider when searching for a fraud solution for your business. Did you know that 27% of online sales end up being fraudulent? As more and more businesses are relying on ecommerce platforms
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5 eCommerce Fraud Prevention Trends to Monitor in 2021
Fraud prevention requires constant vigilance in order to stay ahead of emerging fraud trends. Here are 5 ways you can protect your business from fraud attacks in 2021. Online and card-not-present (CNP) transactions have increased during the COVID-19 pandemic. Experts
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The Evolving Opportunities and Roadblocks in Singapore’s Maturing Regtech Scene
Progressive regulations, strong government support and the availability of talent and capital are cementing Singapore as a fintech hub with a maturing regtech market. However, the impact of Covid-19 has catalysed the development of its regtech sector, according to a
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