Archive
FBS Unveils Best Day Trading Strategies for 2023
FBS, a leading global trading platform, shares insights into the appealing strategies for stock day trading in 2023. FBS outlines the criteria for fruitful stock selection and lists favored stocks for day CFD-trading. Day trading, characterized by rapid buying and
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How to Skyrocket Your BNPL Products: Technology is Everything
Buy Now, Pay Later (BNPL) wallets were once dubbed a “billion-dollar plan to destroy credit cards.” However, BNPL providers such as Afterpay and Klarna have since begun offering contactless Mastercard and physical Visa cards, respectively. Currently, both Visa and Mastercard
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DBS Resolves PayNow Transaction Delays
DBS Bank has announced that all FAST/PayNow transactions affected by the delay on Tuesday (26 September) have been processed and transaction histories have been updated as of 11:50pm on Wednesday (27 September). In a series of Facebook updates, DBS provided
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Thunes Broadens Its Payment Network Across Five Southeast Asian Nations
Global cross-border payments infrastructure network Thunes has expanded its payment acceptance network to include Singapore, Malaysia, Indonesia, the Philippines, and Thailand. This expansion will enable European and international merchants to receive payments from consumers in Southeast Asia and settle in
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FOMO Pay Enables Merchants to Accept Digital Singapore Dollar for Industry Pilot
Singapore-based payment institution FOMO Pay is participating in the Singapore Pitstop Pack industry pilot to enable merchants to accept Purpose Bound Money (PBM). Under the pilot programme, FOMO Pay will provide its hero merchants (Mount Faber and Jumbo) and participating
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Funding Societies Secures US$27 Million Debt Financing
Funding Societies | Modalku, an SME digital financing platform in Southeast Asia, has raised US$27 million in debt financing. The debt fundraise was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP) and sustainability-focused
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Grab Shuts Down Investment Business, Users Have Until 13 Oct to Withdraw Funds
Ride-hailing and food delivery superapp Grab announced that it will be shuttering its investment business in Singapore by discontinuing its AutoInvest and Earn+ products. Micro-investment platform AutoInvest is Grab’s first retail wealth management product was formed as a result of
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A Smarter Way for Corporate Banking Authentication
In the wake of the pandemic that struck in 2020, businesses have been severely affected. A study by the World Bank found that one-quarter of businesses saw their sales fall by 50%. Today, three and a half years later, businesses,
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Backbase and FrankieOne to Bolster Digital Onboarding for ANZ Banks, Credit Unions
Digital banking software provider Backbase has partnered with FrankieOne, an Australian home-grown identity verification and fraud prevention platform provider. The partnership will enable Australian and New Zealand (ANZ) banks and credit unions to onboard customers and members seamlessly and securely.
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Thought Machine’s Modern Core Enables Nikel to Close the Small Business Credit Gap
Thought Machine, a cloud-native banking technology company, has empowered Nikel, a fintech startup that unlocks credit for millions in Southeast Asia, to streamline its lending process and develop new products more quickly. Founded in 2018, Nikel which rebranded from Impact
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