Archive
MAS Grants Coinbase In-Principle Approval to Offer Crypto Services in Singapore
Cryptocurrency exchange platform Coinbase announced that it has received in-principle approval from the Monetary Authority of Singapore (MAS) to to provide Digital Payment Token (DPT) services in the island state. Singapore has served as Coinbase’s Asia Pacific hub as the
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Here’s How Ant Group is Charting its Path to ASEAN Domination
Ant Group, the fintech affiliate of Chinese e-commerce giant Alibaba, is pursuing its expansion plans across Southeast Asia, ramping up its business in a region that’s characterized by a fragmented payment market and no clear leader. In Southeast Asia, the group
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Top 10 Most Well-Funded Fintech Companies in Singapore in 2022
Home to more than 1,000 fintech companies, Singapore has emerged over the past couple of years as a fintech powerhouse, a position it rose to thanks to its conducive regulatory landscape, supportive initiatives from the government, and the abundance of
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OCBC Appoints Head of Group Audit as New Group CFO
OCBC Bank announced the appointment of Goh Chin Yee as the Group Chief Financial Officer, effective 1 November onwards, to succeed Darren Tan who has opted for early retirement. Goh who is already a member of the Management Committee will
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Insurance Software Provider Ancileo Appoints Soraya Essalhi as New COO
Ancileo, a Singapore-based Software-as-a-Service (SaaS) platform for the insurance ecosystem, has appointed Soraya Essalhi as its Chief Operating Officer. Her new role will be to optimise service and technology delivery and the overall customer experience at Ancileo. A 20-year travel
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Rising Adoption of IoT Devices Pushes Usage of Edge Computing Upward
In Asia-Pacific (APAC), edge computing is rapidly developing into an important frontier for enterprise innovation and competitive differentiation. Across the region, adoption is rising and usage will only grow moving forward, as consumers, businesses and governments continue to embrace Internet-of-Things
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Low-Code Software Development Sees Rapid Growth Amid Tech Talent Shortage
The rapid pace of change and need for code in virtually every industry, including banking, has prompted major growth in alternative software development methods. “Low-code” and “no-code” are development approaches that are seeing strong traction amid tech talent shortage and
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Finastra Collaborates With Contour for Digital Trade Finance
Financial services software and cloud solutions provider Finastra will integrate its Fusion Trade Innovation software with Contour, a global digital trade finance network, to provide banks and corporates with a streamlined end-to-end back-office workflow. The collaboration links together the two
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10 Southeast Asian Startups Listed on CB Insights’ Top 250 Fintechs
Business analytics platform and global database CB Insights has released its annual selection of the world’s 250 most promising private fintech companies. Among this year’s top 250 fintech companies, ten ventures are from Southeast Asia and address areas such as
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DBS Launches Apprenticeship Programme for Polytechnic Students
DBS announced that it is launching a structured three-year apprenticeship programme to prepare polytechnic students for technology roles in the bank. This is a part of the initiatives under the Techskills Accelerator (TeSA) for ITE and Polytechnics Alliance (TIP Alliance)
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