Archive
Coinbase Offers Singapore Users Free Bank Transfers, Onboarding Through Singpass
Cryptocurrency exchange Coinbase has enabled its customers in Singapore to transfer funds to and from their account using any local bank through FAST (Fast And Secure Transfers) for free. Additionally, Coinbase has made the onboarding process for its users simpler with
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Sea’s MariBank Now Available to the Public on an Invite-Only Basis
MariBank, a digital bank licensed by the Monetary Authority of Singapore (MAS) and wholly-owned subsidiary of Sea, is now available to the public on an invite-only basis as it is in the midst of rolling out its services progressively. Interested parties
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25 Fintech Events to Attend in Southeast Asia in Q2 2023
In Southeast Asia Asia, fintech is one of the most dynamic sectors in the startup landscape – an industry that has kept on growing and evolving throughout the years on the back of new technological developments, increased adoption of digital
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The Silicon Valley Bank Collapse, Contagion, and Containment
The collapse of Silicon Valley Bank (SVB) has sent shockwaves throughout the global economy. SVB was the parent bank that focused on tech startups, and its failure announced on Friday, 10 March is the biggest since the 2008 financial crisis.
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NETS’ Merchants Can Now Accept Mastercard and Visa Payments on Their Terminals
The Network for Electronic Transfers (NETS) Group has inked agreements with Mastercard and Visa to acquire merchants directly in Singapore. Eligible merchants can now have access to an enhanced suite of digital payment schemes such as NETS, Mastercard, and Visa
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Y Combinator Makes Job Cuts to Shift Focus Back to Early Stage Investing
Technology startup accelerator Y Combinator (YC) announced that it will be shifting its focus back to early stage investing and is forced to make some layoffs as a result. YC’s President and CEO Garry Tan said in a blog that
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MAS: Singapore Banking System Has “Insignificant Exposures” to Failed US Banks
The Singapore banking system has “insignificant exposures” to the failed Silicon Valley Bank (SVB), Signature Bank and Silvergate Bank in the US, according to the Monetary Authority of Singapore (MAS). The regulator added that Singapore’s banking system still remains sound
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Endowus Appoints Hugh Chung as New Chief Investment Advisory Officer
Singapore’s digital wealth management platform Endowus announced that it has appointed Hugh Chung as its Chief Investment Advisory Officer. In his new role, Hugh will be leading the collective efforts of the centralised Investment Office across the group. This includes
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Singapore’s Cautionary Roar: Navigating Crypto’s Popularity with Prudence
Singapore is well-known for its proactive approach toward technology adoption and innovation. However, the country’s central bank, the Monetary Authority of Singapore (MAS), has taken a cautious approach to crypto or cryptocurrencies. The MAS views cryptocurrencies as inherently risky due to
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Grab’s CFO Peter Oey Sells Stake Worth US$1.1 Million
Grab’s Chief Financial Officer Peter Oey has sold his stake in the Southeast Asian superapp worth US$1.1 million according to a report by Bloomberg. Oey and, one affiliated person Eve Oey, sold 341,202 shares at an average price of US$3.17
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