Archive
The Next Frontiers of AI and Machine Learning in Data
With data becoming a core business asset for financial companies, artificial intelligence and machine learning (AI/ML) continues to be a focal point in maximising the competitive advantage of this ‘new oil’. This is according to a new study by LSEG
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Aleta Planet Partners Tencent to Offer Remittance From Singapore to China
Singaporean payments service provider Aleta Planet has partnered with Tencent Financial Technology to enable local residents to remit money to Weixin users in China. Aleta Planet said that this is the first time Tencent Financial Technology has partnered with a
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SBI-Sygnum-Azimut Digital Asset Fund Makes its First Investment Into Coinhako
The SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) fund announced that it has made its first investment into Singaporean cryptocurrency platform Coinhako. Japanese financial group SBI Holdings, Swiss-based digital asset bank Sygnum, and European asset manager Azimut Group had jointly launched the
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Binance Asia Services Snaps up 18% Stake in Hg Exchange
Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, announced that it has snapped up an 18% stake in Hg Exchange (HGX). HGX is a member-driven private securities exchange, founded by financial institutions such as PhillipCapital, PrimePartners, and
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Nium Recognises Its COO Pratik Gandhi as a Co-Founder
Singapore’s payment unicorn Nium announced that it has elevated its Chief Operating Officer, Pratik Gandhi to Co-Founder. Pratik joined Nium as Chief Business Officer in May 2016 as the company began building its global business operations. In his role as
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How to Overcome the Rising Challenge of Chargebacks
The cost of chargeback claims can quickly add up for an online retailer. In this article, learn about the single most effective way to overcome the challenge of chargebacks. At this point, there’s no denying that the cost of card-not-present
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Tyme Closes Series B With Additional US$70 Million From Tencent and CDC Group
Tyme, a multi-country digital banking group headquartered in Singapore, has secured investments from Tencent and CDC to complete its US$180 million Series B capital raise. The first part of Tyme’s Series B raise concluded earlier this year when it secured
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What is Behind the Metaverse Boom?
The metaverse, a concept referring to a shared virtual environment that people access via the Internet, has become one of the hottest business trends this year, building on the accelerated shift to digital channels, growth of the augmented reality/virtual reality
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Singapore Among the Fastest Adopter of Digital Banking
In Singapore, consumer preferences are rapidly evolving, with banking customers increasingly preferring online interaction over in-person interaction. A new consumer survey by digital business transformation company Publicis Sapient found that Singaporeans are prolific users of mobile banking, with one in
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MAS Awards Capital Markets Services License to Revolut Singapore
Challenger bank Revolut has obtained a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This will allow them to launch its stock trading feature to its customers in Singapore and beyond, giving them the opportunity to
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