Archive
TMRW to Merge with UOB Mighty As Part of UOB’s S$500 Million Digital Initiative
UOB will invest up to S$500 million to bring together the innovation of its digital bank TMRW with the scale and product depth of its mobile app UOB Mighty on one platform dubbed as UOB TMRW. The bank will roll
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Niall Carroll and The Impact of Travel Restrictions on UK-Based Businesses
More than a year into the pandemic, businesses are still being affected by restrictions, including those around international travel. While the lifting of many measures has already begun, both the UK and US governments have announced that there will be
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How Southeast Asia’s Biggest Economies Can Boost Their Fraud Management Systems
Last year, a wave of digital transformation took over the world, and along with it, so did growing concerns about fraud and financial crime. In Southeast Asia, one in every three people experienced online fraud amidst this digital transformation last
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SGX and Temasek’s Digital Asset JV Marketnode Partners FIs Ahead of Product Launch
Marketnode, a Singapore Exchange (SGX) and Temasek digital asset joint venture, announced its partnership with ten global financial institutions ahead of its upcoming product launches. The JV’s upcoming products will be focused on digital issuance services, ESG bond data and
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Why Fintech Education is Key to Plugging The Talent Gap in Singapore
Singapore is at the heart of the tech industry’s explosive popularity across Southeast Asia. The country has emerged as a hub for technology entrepreneurs, and fintech is one of its front-running sectors. With 40% of all fintech companies across Southeast
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Insurance Firms Losing Ground to Insurtechs as Funding Reaches All Time High
Despite rising coverage demand brought about by the global pandemic, customers are being left rather unsatisfied with the convenience, advice and reach offered by their existing insurance providers, creating opportunities for new players and insurtech firms, according to Capgemini and
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Payments Firm Ascend Money Becomes Thailand’s First Fintech Unicorn
Ascend Money, has hit US$1.5 billion valuation following its latest US$150 million funding, making it Thailand’s first fintech unicorn. The funds will be used to grow the user base of its e-wallet application; TrueMoney Wallet and to expand digital financial
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Singapore’s Aspire Raises US $158 Million to Build the “Salesforce” of Finance
Y-Combinator-backed Aspire announced today they have raised US$ 158 million in their Series B round. Founded in 2018 by Lazada founders and former executives, Aspire provides “all-in-one financial services” to entrepreneurs and has served over 10,000 businesses across South East
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2C2P Forges Partnerships in Vietnam and Cambodia in Expansion Push
2C2P a payments platform today announced new partnerships in Vietnam and Cambodia to expand its Thai cross-border remittance service, easy2send. In Vietnam 2C2P will team up with Sai Gon Joint Stock Commercial Bank (SCB), one of Vietnam’s top five joint
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In Asia Pacific, Super Apps Are Leading the Digital Banking Race
In Asia-Pacific (APAC), super-apps are not only redefining consumers expectations in banking; these platforms are straight out leading the digital banking race, according to a new report by Swiss digital banking tech provider Banking, Payments: Context (BPC) and Dutch fintech
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