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MAS and Bank of Lithuania Strengthen Cooperation in FinTech
The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries. The FinTech Co-operation Agreement between the two
Read MoreFintech Firms In Southeast Asia Show Strong Growth Aspirations Amid Funding Challenges
A strong 87% of financial technology (FinTech) firms in Southeast Asia are planning to expand their footprint beyond their current markets, according to the Asean FinTech Census 2018 study by EY, which surveyed 170 Southeast Asia-headquartered FinTechs across 16 key
Read MoreOCBC Bank is the First Bank in Singapore to Launch its own Artificial Intelligence Unit
Suppose your car is involved in a minor mishap, and you hold a Great Eastern motor insurance policy bought from OCBC Bank. Would it not be convenient if you could simply send an image of your dented vehicle to your
Read MoreE-Commerce In SEA Study: Vietnam Leads In Conversion Rate; Singapore Is The Biggest Spender
E-commerce is on the rise in Southeast Asia with more than US$10 billion worth of goods being purchased online in 2017, almost the double of 2015’s Gross Merchandise Value (GMV) of US$5.5 billion. According to a study by iPrice titled
Read MoreGrab Drives Fintech Ambitions with Grab Financial
Following Grab’s previous announcement on GrabPay and acquisition of Kudo, Anthony Tan, Co Founder and Group CEO announced the company’s ambitions to further strengthen their play in the fintech ecosystem through Grab Financial during his keynote at Money 20/20. Grab Financial will encompass
Read MoreFintech Events in Asia to Attend in 2018
Here are selected Fintech Events in Asia to attend in 2018. For Switzerland, Germany , London and US check out this Fintech Event List. If an important event is missing (there are so many), send us an Email or comment
Read MoreSingapore Optimises National Cash Infrastructure By Turning Stores Into ATMs
Singapore continues to lead the way in innovation for the global cash logistics market. However, rather than creating yet another solution for the city-state’s growing cashless ecosystem, alternative fintech start-up soCash aims to reduce the island’s heavy reliance on ATM
Read MoreSingapore Leads Adoption of Fingerprint Biometrics & Voice Recognition
Singapore leads the global adoption of fingerprint biometrics and voice recognition technologies to authenticate a customer’s identity in the financial services sector, according to a new international study “Leaders in Financial Services are Experts in Customer Identity” commissioned by identity
Read More16 Asia/Pacific Banking & Financial Services Leaders in 2018
IDC Financial Insights announced the 16 winners of the annual Financial Insights Innovation Awards (FIIA) at the Asian Financial Services Congress 2018. This year’s recipients were chosen for setting technological and business precedents to drive new, successful practices within their
Read MoreNTU Works with Alibaba on Their First Joint AI Research Centre Outside of China
Nanyang Technological University, Singapore (NTU Singapore) and Alibaba Group officially launched the Alibaba-NTU Singapore Joint Research Institute today at a ceremony graced by Dr Amy Khor, Senior Minister of State for the Ministry of the Environment and Water Resources and Ministry of Health, Singapore. The signing of
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