Various

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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Who Should Use Outsourcing Services in 2020?

Outsourcing in online technologies, as a common phenomenon for business, appeared 10-15 years ago and today it is difficult to find a head of a large company who would at least once not think about delegating some of the areas

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Digital Banking Vendor Backbase Opens New APAC Headquarters in Singapore

Digital banking software provider, Backbase, has today announced the launch of its new regional headquarters in Singapore. Their regional centre in Singapore is intended to strengthen its footprint within the region to ensure greater proximity to their clients in Asia

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Capital Markets Platform iSTOX Secures Funding Of USD 5 Million

Next-generation capital markets platform iSTOX has secured a USD 5 million investment from Hanwha Asset Management, South Korea’s leading comprehensive asset management company. The Korean financial leader’s investment in iSTOX follows similar partnerships with Thailand’s Kiatnakin Phatra Financial Group and Japan’s Tokai Tokyo Financial Holdings. Other key shareholders of

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DBS’ QR Ang Bao Solution Now Open to All Singaporeans with a PayNow Account

Following the success of last year’s DBS QR Ang Baos which saw over SGD 1.5 million loaded during Chinese New Year in 2019, DBS is reintroducing an enhanced version which includes new functions that they say will deliver greater convenience

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A Review of Singapore’s Top Fintech Developments in 2019

In 2019, Singapore continued to pursue its ambition to become the world’s first Smart Nation with a leading Smart Financial Centre, inking partnerships with international peers, launching nationwide initiatives to further development and adoption of cutting-edge technologies, and introducing new

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5 Service Providers and Tools for Singapore Fintech Startups

Fintechs need fintechs. In order to embed a tech company within high functioning infrastructure, it’s going to be dependent on some other services. This is good news because it saves time, money and can increase the efficiency of operations and

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Razer Fintech Appoints Ex-DBS Chief Innovation Officer Neal Cross To Its Board Of Advisors

Razer Fintech, the fintech arm of Razer Inc., has appointed Neal Cross as an Advisory Board member, joining other members of the advisory board,ex-GIC Chairman Lim Siong Guan and ex-DBS Chairman Koh Boon Hwee. With Neal’s addition, Razer Fintech is

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