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Singapore-Based Global Payments Processor “Instarem” Secures Lithuanian E-Money License For European Expansion
Singapore based InstaReM is entering the European market via Lithuania. The regulator Bank of Lithuania issued an Electronic Money Institution (EMI) license to InstaReM, which is already operating in more than 50 countries around the world. InstaReM is a new-age enterprise
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How Banking Institutions Can Catch Up On The Digital Curve With Microsoft
Microsoft wants to make traditional banking a thing of the past with its customizable financial services platform. Asia Pacific is poised to become the most connected market by 2021, and business processes in the region are being digitalized at an
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SAP Introduces New SAP Hybris Tools to Help Banks and Insurers
SAP SE announced a new release of the financial services accelerator for the SAP Hybris Commerce solution, enabling banks and insurance companies to offer customers a faster and easier experience opening checking accounts, applying for loans, obtaining insurance policies and
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Challenges or Opportunities for Fintech in Vietnam
In 1995, the first Visa transaction was accepted in Vietnam—the same year that relations between the United States and Vietnam were normalized. In 2006—the year before Vietnam joined the World Trade Organization (WTO)—Visa had 150,000 branded cards in Vietnam. Today,
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Moneymax Partners Japan’s Leading B2B Internet Auction Company To Pioneer Singapore’s LIVE E-Auction Site
MoneyMax announced that it has entered into a joint venture with Tokyo Stock Exchange-listed Aucnet to jointly develop Singapore’s first online LIVE B2B e-auction platform The joint venture company ,SG e-Auction, will operate and manage the e-auction platform which allows
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ABSS Launches Cloud-Based Automated Accounting Solution To Boost Singapore’s Digital Economy
Asian Business Software Solutions (ABSS) today announced the launch of Financio, a cloud-based automated accounting software for micro and small businesses in Singapore that gives companies access to a secure solution that tracks business finances effortlessly. Developed by ABSS and
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Top Fintech Innovation Labs Ranking in Singapore
DBS and Visa have tied for top spot in a new R3 ranking of top fintech innovation labs in Singapore, thanks to their “dynamic environment” and interactive tools. R3 based its ranking on a ‘lab crawl’ of eight different innovation
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11 Finalists for FinTech Abu Dhabi Innovation Challenge , 4 from Singapore
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, in collaboration with KPMG, announced that 11 outstanding global FinTech firms have been shortlisted for the inaugural FinTech Abu Dhabi Innovation Challenge in October. The selected firms are
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Launch of Singapore Valley Awards
Singapore’s undergraduates can look forward to a unique entrepreneurship initiative, the Singapore Valley Awards (“SVA”), which was launched this week. The prize: a rare chance for internships with leading innovation companies in China. The internships will give the winners first-hand
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SoftBank Vision Fund – Investment in Slack, the Business Communication Platform
Slack has announced today a Series G funding round led by Softbank Vision Fund with Accel as second largest investor – expands Slack’s existing $540M funding by an additional $250M; post-money valuation now at $5.1B [April 2016: $3.8bn]. Capital to
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