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OCBC Bank Enters Into Long-Term Partnership With ADDX
Global private market exchange ADDX has entered into a long-term partnership with OCBC Bank that will see both parties work together to put out a wider variety of investment products. Through this partnership, ADDX will distribute OCBC’s first tokenised equity-linked
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Atome’s BNPL Payment Option Now Available for Amazon Singapore Shoppers
Atome, Southeast Asian buy-now-pay-later (BNPL) platform, announced that its flexible payment option is now available for Amazon customers in Singapore during checkout. This is Amazon’s first BNPL partnership of its kind in Southeast Asia. Amazon.sg customers can now pay using
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AXA Thailand Taps CoverGo to Expedite Health Claims Processes
AXA Insurance Thailand has partnered with insurtech firm CoverGo to enhance its health claims processes and elevate its customer experience. CoverGo’s platform will improve the efficiency of AXA’s health insurance services with its modular architecture which provides insurers with flexibility
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Tyme Pulls in US$77.8 Million for Ongoing Pre-series C Raise
Tyme, a multi-country digital banking group headquartered in Singapore, has secured funding from two new shareholders – Africa-focused tech growth fund Norrsken22 and global impact investment firm Blue Earth Capital as part of its Pre-Series C capital raise. This brings
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Can BNPL Be Part of a Balanced Financial Strategy?
The rising popularity of Buy Now, Pay Later (BNPL) services among Millennials and Gen Zs in Singapore underscores a gap in financial literacy within these demographics. Many young Singaporeans are drawn to the convenience of BNPL services, often overlooking the potential pitfalls
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ACI Worldwide Adds Swift Go to Its Cross-Border Payments Offering for Banks
ACI Worldwide, a real-time payments software provider, announced the addition of Swift Go to its cross-border payments offering. Swift Go enables consumers and businesses to send simple, fast and transparent cross-border payments straight from their bank account, combining the power
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MAS Launches Programme to Build AI Talent Pipeline for the Financial Sector
The Monetary Authority of Singapore (MAS) has launched the Financial Sector Artificial Intelligence and Data Analytics (AIDA) talent development programme. The programme aims to to build deep AI capabilities in the financial sector, addressing the shortage of AIDA talent which
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PhonePe Snaps up Another US$100 Million Investment From General Atlantic
Indian digital payments company PhonePe has secured an additional US$100 million investment from its existing investor General Atlantic, a global growth equity firm, as part of its ongoing efforts to close an ongoing US$ 1 billion financing round. This latest
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Ripple Launches Platform to Enable Central Banks to Issue Their Own CBDCs
Ripple, a blockchain and crypto solutions provider, has launched a new platform to enable central banks, governments, and financial institutions to issue their own central bank digital currency (CBDC). The Ripple CBDC Platform will be leveraging the same blockchain technology
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AWS to Invest US$12.7 Billion in India by 2023, Creates Massive Job Opportunities
Amazon Web Services (AWS) plans to invest INR 1,05,600 crores (US$12.7 billion) in India by 2030 to meet growing customer demand for cloud services in India. This planned investment in data center infrastructure in India will support an estimated average
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