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Visa Racks Up Fintech Investments in 2019

Visa, the world’s second-largest card payment organization, has turned to fintech acquisitions, investments and strategic investments to further expand its payments capabilities and reach. At the firm’s Q3’2019 earnings conference call on July 23, Visa’s CEO Alfred F. Kelly, noted

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Finastra Appoints New Asia Pacific Head

Finastra has appointed Wissam Khoury to lead its Asia Pacific (APAC) business. In this new expanded role as Senior Vice President and General Manager for Middle East and Africa (MEA) and APAC, Wissam is responsible for driving Finastra’s growth strategy,

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MAS’ Chief Fintech Officer on Making Singapore a World Leader in Digital Banking

Over the past couple of years, Singapore has emerged as one of the fintech’s top hotspots in the world. Today, the city state is home to 43% of all fintech companies in Southeast Asia: that’s about 750+ organizations. Since being

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Swiss Software Giant Avaloq Appoints New Head of Asia

Avaloq has appointed Imad Abou Haidar as the firm’s new Head of Asia. Imad joins from London-headquartered software firm Finastra, where he was Managing Director for the Asia-Pacific region based in Singapore. The appointment coincides with Avaloq releasing details of

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DBS’ Singapore Country Head Appointed to NETS Board

NETS, Singapore’s payment services group, announced that Mr Shee Tse Koon, Singapore Country Head at DBS Bank, has been appointed to its Board of Directors. Mr Shee’s appointment took effect on 13 August 2019. Mr Shee has 25 years of

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PayPal Launches Women’s Program in Singapore for Greater Diversity in Tech

PayPal Pte Ltd has launched the Women Luminaries Program (WLP)  in Singapore to help empower female students passionate about technology to pursue a career in the field. This initiative strives to dispel stereotypes surrounding the industry, correct the current gender

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Meet the 7 Startups Selected for SAP’s First South East Asia Accelerator

Software giant SAP announced this week that they have kicked off their first acceleration program in Singapore. Dubbed as SAP.iO Foundry the program aims to accelerate Southeast Asian startups, providing them access to curated mentorship, exposure to SAP technology and

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Big Changes Shaping the Future of Fintech

Fintech was born as a solution to the global financial crisis of the early 2000s, so it’s a very young industry. But how can these young fintech companies survive against long-established competitors? By reimagining the way that we all handle

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MAS Launches Sandbox Express for Faster Market Testing of Innovative Financial Services

The Monetary Authority of Singapore (MAS) today launched Sandbox Express to provide firms with a faster option to test innovative financial products and services in the market. The idea was first mooted last year when MAS issued out a consultation

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OCBC Bank Enables Cash Withdrawals at ATMs using QR Codes

OCBC bank announced today it will be enabling customers enabling customers to withdraw cash by just scanning a QR code using the OCBC Pay Anyone app, then authenticating the transaction via fingerprint, faceprint or mobile banking login credentials. The bank

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