Archive

ADDX Fractionalises UOB and Temasek’s Venture Debt Fund to US$20,000

Global private market exchange ADDX announced that it has fractionalised a venture debt fund by Innoven Capital which is a joint venture between a Temasek Holdings‘ subsidiary Seviora and UOB. This move brings down the minimum subscription size for individual

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Which Forex Currency Is Best for Beginners?

Forex trading has gained a lot of attention in the last couple of years. However, as more people try to find different ways to make money in forex trading, their inexperience in this field is becoming the reason behind losing

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Airwallex Appoints Kai Wu as Its First Singapore-Based C-Suite Exec

Payments company Airwallex announced that it has appointed Kai Wu as its Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai He will lead the new functions from Singapore, making this the company’s first C-suite executive in the

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Broadridge Taps Martin Koopman to Lead as Chief Product Officer

Broadridge Financial Solutions, a US-based technology solutions provider, has appointed Martin Koopman as Chief Product Officer effective 1 January 2023. In his new role, Martin will report directly to CEO Tim Gokey and lead the Product Management team working across

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35 Asian Nations Are Developing CBDCs – Here’s Where They Stand

Economies worldwide are increasingly considering the viability of a digitised national currency, most commonly referred to now as a Central Bank Digital Currency, or CBDC. Eleven countries have already launched their CBDCs, but none in Asia yet.  There are currently 35

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Visa Appoints Adeline Kim as Country Manager for Singapore and Brunei

Payments giant Visa announced the appointment of Adeline Kim as its new Country Manager for Singapore and Brunei. Adeline will be taking over the role from Kunal Chatterjee who will take on another role at Visa to head up Innovation

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Singlife With Aviva Will Fully Migrate to AWS by End of 2023

Financial services company Singlife with Aviva announced that it will migrate its entire information technology (IT) infrastructure to the Amazon Web Services (AWS) by the end of 2023. Singlife aims to enhance its digital capabilities, enabling it to meet the

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2C2P Partners Pine Labs to Expand BNPL Acceptance Across Six APAC Countries

Payments firm 2C2P has partnered with merchant commerce platform Pine Labs to expand Buy Now Pay Later (BNPL) acceptance across Asia in six key markets, namely Singapore, Malaysia, Hong Kong, Indonesia, the Philippines and Thailand. Unlike most BNPL offerings, Pine

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MAS Grants DPT License to MetaComp to Offer Crypto Services in Singapore

Singaporean firm MetaComp, formerly known as Cyberdyne Tech Services, has secured a Major Payment Institution license from the Monetary Authority of Singapore (MAS) to provide digital payment token services. MetaComp will now be able to offer an end-to-end suite of

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Are Digital Banks Breeding a Risky Competitive Climate in Singapore?

Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide. In Singapore, the entry of digital banks into the local financial system is driving economic innovation and enhancing financial inclusion, according to a

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