Archive
Singlife Achieves 35% Reduction in Data Analysis Costs with Qlik
Singapore’s homegrown financial firm Singlife has announced a partnership with Qlik, provider of a business analytics platform, to step up the speed of its digital claims process. Through Qlik’s cloud data integration and visualisation capabilities, Singlife employees gain access to
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OJK Unveils New Roadmap to Strengthen and Develop Indonesia’s Sharia Banking
The Financial Services Authority (OJK) of Indonesia has unveiled its Islamic banking roadmap to enhance the resilience and impact of the Sharia banking sector in the country. An update from the previous plan, the 2023-2027 Roadmap for the Development and
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Aspire Unveils New Singapore HQ, Aims to Double Fintech Workforce by 2025
Aspire, an all-in-one finance platform for businesses, has opened its new headquarters in Singapore, aiming to enhance its role in fintech research and development (R&D) within the region. The firm also shared its plans to double its fintech-specialised workforce in
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Beyond KYC: Unmasking the Future of Fraud Prevention
Fraud prevention has become an increasingly crucial concern in Singapore’s ever-evolving financial technology and banking landscape. As the country continues establishing itself as a leading hub for financial innovation, the need for robust security measures has never been greater. In
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Binance CEO Teng to Ensure Top Exec Team Remains Intact Amidst Regulatory Scrutiny
Richard Teng, the newly appointed CEO of crypto exchange Binance, emphasised the importance of maintaining the existing core team at the cryptocurrency exchange, in a recent interview with Bloomberg TV. Teng reiterated Binance’s aim to invest heavily in its compliance
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Outgoing MAS Chief Ravi Menon Foresees Decline of Private Cryptocurrencies
Monetary Authority of Singapore’s (MAS) Managing Director Ravi Menon predicted the decline of private cryptocurrencies when speaking at the HKMA-BIS High-Level Conference hosted by Hong Kong’s central bank, according to a Bloomberg report. Menon criticised private digital coins by saying
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CZ Steps Down as Chairman of Binance.US
Crypto exchange Binance’s founder and former CEO Changpeng Zhao (CZ) is stepping down from his role as Chairman of the Board of Directors at Binance.US. Zhao will retain an economic interest in the company but will no longer participate in
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ISC2 SECURE Asia Pacific Returns with Powerful Lineup of Cyber Leaders
The ISC2 SECURE Asia Pacific 2023 conference is set to take place at the Marina Bay Sands Convention Centre in Singapore on 6 and 7 December 2023. This event, following its successful launch last year, offers a unique opportunity for
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Malaysia’s KWAP Gets S$180M Green Loan from DBS for Aussie Office Refinancing
DBS Bank has provided a green loan of AUD 207 million (S$180 million) to Malaysia’s Retirement Fund (KWAP). The loan is designated for refinancing a high-grade green office building in Melbourne, Australia. The office tower, entirely owned by KWAP, is
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Temasek Trust to Buy MoneyOwl, Refocus Services for Community Upliftment
Temasek Trust plans to acquire MoneyOwl from NTUC Enterprise Co-operative. This proposed acquisition, which is still pending regulatory approval, is part of a broader strategy to repurpose MoneyOwl’s offerings to better serve essential workers, gig workers, and youths. MoneyOwl had
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