Archive

500 Global Appoints Three New Partners to Lead Southeast Asia Growth Plans

Early-stage venture fund and seed accelerator 500 Global has appointed Saemin Ahn, Martin Cu, and Shahril Ibrahim as new Partners to lead its initiatives across Southeast Asia. Saemin brings a decade of experience in growth investing. He was the Founding

Read More

Singapore and India’s Real-Time Payments Linkage Goes Live

The real-time payments linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI) has officially gone live today. This will enable customers of participating financial institutions in Singapore and India to send and receive funds between bank accounts or e-wallets

Read More

PropertyGuru Appoints CTO Manav Kamboj to Lead Its Fintech Business

Southeast Asian proptech company PropertyGuru announced that its CTO Manav Kamboj will lead its fintech business as Managing Director (MD) with immediate effect. Manav will lead the business, leveraging technology, data, and analytics to drive further digitisation of the home

Read More

Singapore Study on Harvard Case Platform Reveals What Sets DBS’ Digital Transformation Apart

Singapore-based DBS Bank has become a top-ranked bank globally driven by its successful digital transformation initiatives, focus on sustainability, and high-quality customer service. DBS has managed to maintain its competitive edge by embracing digital innovation and staying at the forefront

Read More

Okta Names Neville Vincent as Vice President for Asia

Okta, a publicly traded identity and access management firm, has appointed information technology industry veteran Neville Vincent as Vice President for Asia. In his new role, Vincent will oversee Okta’s business operations, deepen partner links, and lead the company’s expansion

Read More

Siam Commercial Bank Plans to Be a Fully Digital Bank

The Siam Commercial Bank (SCB) has unveiled its plans to become a fully digital bank in wealth management through its “Digital Bank with Human Touch” vision. The bank will be doubling down on its efforts to create “cutting-edge digital products

Read More

MAS Grants In-Principle Approval to Payments Firm Tazapay

Cross-border payments firm Tazapay announced that it has secured an in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This will enable Tazapay to offer account issuance, merchant acquisition, cross border money transfer,

Read More

McKinsey: Asia’s Booming Affluent Segments Introduce New Opportunities in Digital Wealth

In Asia, the wealth of affluent and mass-affluent customer segments is growing rapidly, bringing about new opportunities and growth prospects for banks and wealth managers alike in the region. But to tap into this opportunity, services providers will need to

Read More

Singapore Hits Highest Fintech Funding in 3 Years, Crypto Snagged US$1.2 Billion

Fintech investments in Singapore witnessed a three-year-high of US$4.1 billion across 250 deals according to the KPMG Pulse of Fintech H2’22. 2022’s total deal value here saw a 22 percent increase, up from US$3.4 billion in 2021, and a 75

Read More