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CIMB Bank Singapore Introduces Virtual Account with Distinct Benefits for Corporates

CIMB Singapore announced the launch of its virtual account today, which it hopes can eliminate manual and inefficient reconciliation processes that are inherent to businesses with a high number of suppliers and vendors. Commenting on the product Victor Lee, CEO,

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BIS Appoints Innovation Hub Heads in Singapore and Switzerland

The Bank for International Settlements (BIS) today announced two key appointments to the BIS Innovation Hub, a new initiative designed to support central bank collaboration on new financial technology. Andrew McCormack, Chief Information Officer at Payments Canada, will head the BIS

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Digital Identity Startup Credify Secures US$1 Million Seed Fund from Softbank’s Deepcore

Credify a Singapore based digital identity startup announced today that they have received seed funding from Beenext and Deepcore. The startup describes itself as a provider of Universal Identity and Trust System solutions to companies active in the e-commerce and

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Top 5 Coworking Spaces in Singapore for Fintech Startups

Home to more than 600 fintech startups and over 40 innovation labs, Singapore is one of the world’s leading fintech hubs and Southeast Asia’s undeniable fintech leader. With so much fintech activities, it is no wonder that we’re seeing demand

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Digital Assets Firm Diginex Appoints Jim Pollock as COO to Build its Singapore Office

Diginex, a digital asset financial services and advisory company, has appointed Mr. Jim Pollock as Chief Operating Officer (COO) based in Singapore. In this role, he will be responsible for overseeing the implementation of the company’s business strategy, which includes

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Money20/20 Asia is the Latest Event Postponed Amidst the COVID-19 Coronavirus Crisis

Concerns are heightening against the backdrop the COVID-19 novel coronavirus increased cases and deathtoll. In light of this global health crisis, event organisers around the world are taking steps to prevent the coronavirus from further spreading. Major events like the

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Bruc Bond Announce Expansion into Asian Market with Singapore Opening

Bruc Bond, (formerly Moneta International), a specialist in business banking and international payments from Lithuania, has announced the opening of its Singapore office in the heart of the thriving financial district. Bruc Bond shared that it is working with a

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DBS’ QR Ang Bao Sees Nearly SGD$3 Million in Transaction So Far

DBS QR Gift, a QR-based payment solution for Ang Bao’s has nearly double its transaction this year. This Chinese New Year, nearly $SGD 2.7 million has been loaded onto DBS QR Gift card, this is compared to $SGD 1.5 million

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Singapore Ranks First in the World in Digital Readiness

Singapore has been named the world’s top nation in terms of digital adoption and which showcases the most favorable environment for digitalization, according to Cisco’s annual Digital Readiness Index. The index, which measures digital readiness of countries based on seven

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6 Agri-Fintech Startups in Asia to Follow in 2020

Agritech, which refers to the use of technology and technological innovation to improve the efficiency and output of agriculture, is poised to have a major impact across the world, and most particularly emerging markets. Agritech covers a wide and varied

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