Search Results for "grab"
StraitsX, Paxos Secure MAS Approval to Issue SGD and USD Stablecoins
Three entities have received In-Principle Approvals (IPA) from the Monetary Authority of Singapore (MAS) to issue stablecoins that will align with the central bank’s proposed stablecoin regulatory framework. Stablecoins issued by the three entities – StraitsX SGD Issuance, StraitsX USD
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MAS to Issue “Live” Wholesale CBDCs to Settle Retail Payments Between Banks
The Monetary Authority of Singapore (MAS) unveiled a series of initiatives to ensure the secure and innovative use of digital money in the country. The three forms of digital money that MAS is promoting are wholesale Central Bank Digital Currencies
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Amazon Offers Exclusive Merchandise through Blockchain Wallets at SFF 2023
Amazon, StraitsX (part of Fazz) and Grab have launched an industry pilot at the Singapore Fintech Festival (SFF) that allows users to connect their blockchain wallet to redeem exclusive merchandise. The pilot is built on the Monetary Authority of Singapore’s
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Singapore’s Platform Workers Grapple with Financial Freedom, Retirement Planning
A recent study has revealed that platform workers in Singapore face a number of financial challenges, including low levels of financial freedom, difficulty meeting monthly savings targets, and a lack of retirement planning. The ‘Financial Freedom for Platform Workers and
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Singapore’s BNPL Firms Must Comply With Code of Conduct by Nov 2023
The Buy Now, Pay Later (BNPL) Code of Conduct, developed by the BNPL Working Group, has entered its next phase of implementation. The working group was formed by the Singapore Fintech Association (SFA) and industry players under the guidance of
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An Ecosystem Approach to Banking the Underbanked
Reaching Indonesia’s unbanked and underbanked population has been a long-standing challenge for banks. Hindered by numerous factors, including sociocultural diversity, low levels of financial literacy, and Indonesia’s archipelagic geography, the expansion of traditional banking channels has been cost-prohibitive. The result
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Payments Startups in Singapore
Explore 146 Payments Startups in Singapore based on the Singapore Fintech Map 2023. List of Payments Startups in Singapore Image by storyset on Freepik
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3 Southeast Asian Startups Make World’s Top 100 Fintech Firms List
Three fintech startups from Southeast Asia have been named among the world’s largest and most successful financial technology companies, recognized for their scale, growth and ingenuity. The Financial Technology Report has released its selection of the world’s Top 100 Financial
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Singapore Overtakes Hong Kong in Digital Banking Adoption
Advancements in technology, changing demographics and supportive regulations are driving the rise of digital banking in Asia, with Singapore and Hong Kong emerging as key players. While both locations have witnessed significant growth in their respective digital banking landscape, adoption
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7 Hot Fintech Startups in Indonesia to Watch
Indonesia’s fintech sector has evolved tremendously over the past decade, witnessing a sixfold increase in its number players from a mere 51 active fintech companies in 2011 to 334 in 2022, data from the Boston Consulting Group and AC Ventures
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