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Brankas Claims to Be First to Secure Open Banking Data License in Indonesia

Southeast Asian open finance platform Brankas has reportedly become the first company in Indonesia to obtain a Payment Service Provider (PJP) Category 2 license for Account Information Services (AInS) from Bank Indonesia. This license allows Brankas to offer enhanced transparency

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Top 5 Most Promising AI Companies in Asia According to CB Insights

Market intelligence platform CB Insights has released its selection of this year’s 100 most promising artificial intelligence (AI) companies, from this list we filtered the top AI companies in Asia. These companies, which were picked based on CB Insights datasets

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10 Robo Advisors Democratising Digital Investing in the US$1.5B Singapore Market

Robo advisors have emerged as a game-changer in Singapore, transforming the way Singaporeans approach investment and wealth management. These digital platforms harness the power of algorithms and cutting-edge technology to provide personalised investment advice and portfolio management services, making investing

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Thai PM Launches Digital Wallet to Disburse US$14 Billion in Q4 Economic Stimulus

Prime Minister Srettha Thavisin has officially launched a new digital wallet scheme in Thailand aimed at benefiting approximately 50 million citizens to energise the country’s economy. Initial reports indicated that the launch would be in May. According to Thailand Business

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Singapore Pledges S$35 Million in Sustainable Finance Skills Development

The Monetary Authority of Singapore (MAS), in collaboration with the Institute of Banking and Finance (IBF) and Workforce Singapore (WSG), has launched the Sustainable Finance Jobs Transformation Map (JTM). This initiative outlines the necessary skills updates for the local financial

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Financial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore

LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial institutions dominate this year’s rankings, emphasizing the sector’s focus on employee experience and adaptability in integrating artificial intelligence. The analysis,

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iCapital Marketplace Debuts in Singapore and Hong Kong

iCapital, a global fintech firm, has introduced its iCapital Marketplace in Hong Kong and Singapore. This platform is designed to streamline access to a diverse range of alternative investments for wealth managers and advisors. By utilising the company’s proprietary technology,

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Fintech Sees Growth Amidst Declining Declining Private Equity Activities in APAC

The Asia-Pacific (APAC) private equity (PE) market faced significant challenges in 2023 due to concerns about slowing economic growth, rising interest rates and ongoing geopolitical tensions, Bain & Company’s latest report, the Asia-Pacific Private Equity Report 2024, says. The report,

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Crypto.com Plans ‘Thoughtful’ Hiring After Laying off 20% of Workforce Last Year

Crypto.com’s CEO Kris Marszalek outlined the digital-asset exchange’s plans to expand its workforce, in a recent Bloomberg interview. This comes after a period of downsizing in early 2023, where the company cut 20% of its staff following a downturn in

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Mckinsey: Generative AI to Transform Risk Management in The Next 5 Years

Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. But in order to leverage the benefits of

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