Archive
Protect Your Investments with Hedges
It isn’t easy for investors who are just starting to decide whether it’s better to keep all your capital in one place or keep it spread out. Although experienced traders will advise you to spread it out, it’s not an
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BIS to Test Central Bank Digital Currencies With Australia, Malaysia, Singapore, S. Africa
The Bank for International Settlements (BIS) Innovation Hub will test the use of central bank digital currencies (CBDCs) for international settlements with Australia, Malaysia, Singapore and South Africa. Led by the Innovation Hub’s Singapore center, Project Dunbar aims to develop a
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MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List
The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token
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Celent Names Finastra a Leader in Corporate Digital Banking
Celent, a research and advisory firm focused on technology for financial institutions globally, has named financial services software and cloud solutions provider Finastra as a leader in corporate digital banking platforms in its reports. The reports, titled ‘Corporate Digital Banking
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Standard Chartered Joins Global Digital Finance’s Board to Accelerate Crypto Adoption
Standard Chartered has become the first bank to join the Global Digital Finance’s (GDF) patron board to advocate and accelerate the adoption of best practices for crypto and digital assets. The GDF is an international alliance of some of innovative
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SWIFT Embraces APIs, Partnership Strategy to Digitize Global Trade
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global member-owned cooperative and the world’s leading provider of secure financial messaging services, is upgrading its trade proposition, leveraging new communication channels, APIs, and embracing a partnership strategy to digitize the
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Fraud Risk Management Systems: To Build, Buy or Rent?
With financial institutions (FIs) in the APAC region preparing for a rising trend in financial fraud, fraud risk management systems continue to receive close attention. As of 2020, FIs based in the APAC region were expected to spend millions on
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London Stock Exchange Sets up Sustainability-Focused Finance Unit in Singapore
London Stock Exchange Group (LSEG) has launched a dedicated sustainable finance innovation unit in Singapore as a part of its new LSEG Labs network. According to LSEG, the unit will be focused on creating sustainable finance capabilities to accelerate innovation
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Digital Payment Token Services Among Three New Licenses Granted to FOMO Pay
FOMO Pay, a QR code payment solution provider in Singapore, has been granted new licenses from the Monetary Authority of Singapore (MAS) to operate three new regulated activities. Starting today, merchants can now leverage on FOMO Pay services to accept
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Hong Kong’s Hex Trust Secures Digital Custody License From MAS
Hex Trust, a Hong Kong-based digital asset custodian, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The CMS license allows the company to provide custodial services regulated under Singapore’s Securities and Futures Act.
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