Innovation

Crypto.com to Set up Global Innovation Lab for Blockchain, WEB3.0 and AI Projects

Digital asset exchange Crypto.com announced that it will establish its first Global Innovation Lab in Singapore, making the city-state its designated global R&D hub. The new lab will be focused on identifying novel applications for blockchain, WEB3.0 and AI as

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Breaking the Mold: How Next-Gen FSIs are Redefining Digital Experiences

As the world increasingly relies on digital technology, financial service institutions (FSIs) are constantly adapting to meet the changing needs of their customers. FSIs must reimagine their digital experiences to stay competitive and provide a more seamless and efficient customer

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Singapore Study on Harvard Case Platform Reveals What Sets DBS’ Digital Transformation Apart

Singapore-based DBS Bank has become a top-ranked bank globally driven by its successful digital transformation initiatives, focus on sustainability, and high-quality customer service. DBS has managed to maintain its competitive edge by embracing digital innovation and staying at the forefront

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5 Homegrown Fintech Startups from India We’re Watching in 2023

Until fairly recently, fintech startups from India that showed promise had to move their base to more favourable climates to get the sort of valuations, better fundraising opportunities, and better taxation structures.  Singapore, Dubai, and the US were all more

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Sacombank Chooses Swiss Firm Temenos to Elevate Digital Banking

Sacombank, one of the largest banks in Vietnam has selected Temenos Infinity to elevate digital banking and deliver a seamless omnichannel experience to retail and business customers. The bank has a customer-centric business strategy and plans to introduce fully digital

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Is Southeast Asia Entering Its Golden Age of Fintech?

Despite limited access to traditional banking services, rising smartphone penetration and rapid e-commerce growth have led to an increase in the use of digital financial services in Southeast Asia. Today, the region is emerging as a hotspot for fintech innovation

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Next Gen Finance Professionals Need to Embrace Major Upskilling to Keep Pace

Refinitiv’s new report “Workspace Without Limits” explores the data challenges financial professionals are facing, and the role that technology, interoperability and programming skills play in solving for some of these challenges; enhancing productivity, and helping firms differentiate against the competition.

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LSEG Labs Powers Key Projects With Machine Learning for Deeper Insights

The London Stock Exchange Group (LSEG) is ramping up innovation efforts, tapping into technologies including artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and APIs to provide finance professionals with more accurate market intelligence, deeper insights and facilitate

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London Stock Exchange Sets up Sustainability-Focused Finance Unit in Singapore

London Stock Exchange Group (LSEG) has launched a dedicated sustainable finance innovation unit in Singapore as a part of its new LSEG Labs network. According to LSEG, the unit will be focused on creating sustainable finance capabilities to accelerate innovation

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Banking-as-a-Service: A Promising Sector in Southeast Asia

In Southeast Asia, banking-as-a-service (BaaS) can help financial institutions reach a greater number of customers and improve financial inclusion. But for BaaS to reach its full potential, the sharing of data is critical, Arvind Swami, director of business development for

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