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Ravi Menon Bags IIF’s Distinguished Leadership and Service Award
The Monetary Authority of Singapore‘s (MAS) Managing Director Ravi Menon was bestowed the Distinguished Leadership and Service Award from the Institute of International Finance (IIF). The award is given to individuals who have made significant contributions to the global economy
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6 Corporate Fintech Accelerators and Incubators in Asia to Know
Corporate accelerators and incubators are specialized initiatives set up by established corporations to foster innovation. These programs typically provide startups with resources including mentorship, office space, financial support and access to a corporation’s network and customer base. In return, these
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9 Southeast Asian Startups Named Among World’s Top 100 Fintechs of 2023
Market intelligence platform CB Insights has announced its selection of this year’s top 100 most promising private fintech companies in the world. Of this year’s Fintech 100 list, nine companies are headquartered in Southeast Asia, seven are from Singapore two
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MP Tin Pei Ling Appointed at DCS Card Centre After Short Stint at Grab
MP Tin Pei Ling has joined DCS Card Centre as the managing director for strategic partnership and business development. This information, initially shared by Pei Ling on LinkedIn in August, comes as she moves into a role that involves building
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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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Singapore’s Deputy PM Lawrence Wong Takes on New Role at GIC
Singapore’s sovereign wealth fund GIC has appointed Lawrence Wong as its Deputy Chairman. Wong, who is also Singapore’s Deputy Prime Minister and Minister for Finance, will take up the new role on 1 October 2023. In his new role, Wong
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12 Fintechs Make it Into Forbes Top 100 APAC Companies to Watch in 2023
12 fintech companies have been named among the top 100 companies in Asia-Pacific (APAC) to watch this year, recognized by business magazine Forbes Asia for breaking new ground and for their potential to become regional success stories. These companies were
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IDC Names 2023’s Top 100 Fintech Providers in the World
The International Data Corporation (IDC), a leading provider of market intelligence and advisory services for the information technology, telecommunications and consumer technology markets, has released its annual ranking of the world’s largest and most successful fintech providers. The 20th annual
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MAS Slaps 9 Year Ban on Three Arrows’ Founders for “Flagrant Disregard” of Rules
The Monetary Authority of Singapore (MAS) has banned Su Zhu and Kyle Davies, the founders of Three Arrows Capital, from managing or becoming a substantial shareholder of any capital market services firm. Three Arrows Capital was a cryptocurrency hedge fund
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World Bank Study Reveals Key Factors Enabling Fintech Growth
Countries with deeper, more inclusive and more competitive banking systems are exhibiting lower levels of fintech activity than countries with less developed and less competitive banking systems, a phenomenon which could be in part explained by higher barriers to entry
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