Archive
Bitcoin Poised to Reach US$100,000 by End-2024, Says StanChart Researcher
Bitcoin is likely to reach US$100,000 by the end of next year in a sign that the crypto winter might be waning, according to lead researcher at Standard Chartered, Geoff Kendrick in a note on April 24. As the bank’s
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MAS Sets Aside S$8 Million to Help Polytechnic Students Get a Career in Finance
The Monetary Authority of Singapore (MAS) will set aside S$8 million over the next three years for the Polytechnic Talent for Finance scheme to expand the talent pipeline in the financial sector. The scheme, which will be administered by the
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Digital Bank CEOs Share Top 5 Trends Shaping the Future of the Industry
In Asia, digital banking has been a growing industry over the past couple of years, owing to soaring demand for online and mobile alternatives, and positively evolving regulation. However, the current macroeconomic environment, marked by rising inflation and a looming
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Asia’s Insurance Leaders Set to Gather at InsureTech Connect Asia in Singapore
The second annual InsureTech Connect Asia will take place in Singapore from 30 May to 1 June 2023 where insurance industry leaders, professionals, and insurtech providers from across Asia and beyond will convene to share their successes, strategies, and plans
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MAS Directs DBS to Assess Staff and Tech Supporting Its Digital Banking Services
The Monetary Authority of Singapore (MAS) has directed DBS to conduct an assessment of the staff, processes, and technology supporting its digital banking services following its prolonged disruption on 29 March 2023. Senior Minister and Minister in charge of MAS
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Prudential Singapore Officially Launches Its New Financial Advisory Arm
Life insurer Prudential Singapore announced the official launch of its new new financial advisory firm which will enable it to offer a wider range of insurance products including general insurance and wealth solutions. Through the new Prudential Financial Advisers (PFA),
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Razorpay Sets up Advisory Board Chaired by Former Deputy Governor
Indian payment gateway provider Razorpay has formed an advisory board led by Reserve Bank of India’s former Deputy Governor N. S. Vishwanathan as its Chairperson. Other members of the board include Chairman of HDB Financial Services Arijit Basu, retired IAS
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Temasek Joins Impact Verification Provider BlueMark’s US$10 Million Series A
BlueMark, a provider of independent impact verification and intelligence for the impact and sustainable investing market, announced that it has closed its US$10 million Series A funding round. The lead investor is S&P Global, with other new investors including Temasek
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Techcombank Taps Personetics to Bolster Users’ Financial Wellbeing With AI
Vietnam’s Techcombank has partnered with Personetics, a global provider of data-driven personalisation solutions, to introduce AI-powered money management capabilities. Through this partnership, Techcombank will offer capabilities to analyse customers’ financial transactions, aggregate bank accounts, and provide valuable insights about unexpected
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Deconstructing the Evolution of the Fintech Sector in Asia
Since the term ‘fintech’ was first coined in the early 2010s, the financial technology sector and the ecosystem around it has undergone a massive evolution. A fluctuating economic climate has seen some startups go public, while others have gone under
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