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Trade Finance Poised for Digital Revolution Though Obstacles Remain
The trade finance industry has been aspiring for greater digitalisation, striving to tap into potential benefits such as improved transparency, efficiency, risk mitigation and support for small and medium-sized enterprises (SMEs). But despite some progress, advancements have been slow for
Read MoreWatch Out! These Are 5 Most Common Financial Mistakes Entrepreneurs Make
Many new entrepreneurs who are venturing into business for the first time, often make many mistakes along the way. One of which is related to the financial side of the business, which can be very dangerous if you’re not being
Read MoreWealth Management Trends Transforming the Industry in 2024
Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. As a result, wealth preservation became the most crucial goal for high-net-worth individual (HNWI) investors
Read MoreMastercard Taps Gen AI for Faster, More Accurate Payments Fraud Detection
Mastercard has adopted generative artificial intelligence (AI) techniques to strengthen security measures for consumers and the broader payments network. This move aims to bolster the Mastercard’s Decision Intelligence (DI) system, a real-time decisioning tool that currently facilitates the safe authorisation
Read MoreWebull Singapore’s Investors Now Have Access to SGX-Listed Products
Webull Securities (Singapore) Pte Ltd, a subsidiary of the US-based Webull Financial LLC, has announced its new offering of SGX-listed products and securities to retail investors. Webull Singapore officially launched in May 2022, pushing its global app downloads to 40
Read MoreAlchemy Pay Set to Expand U.S. Footprint With Zero Hash Partnership
Alchemy Pay, a fiat-crypto payment gateway, has partnered with crypto infrastructure platform Zero Hash to expand its operations in the United States. This collaboration focuses on enhancing Alchemy Pay’s payment capabilities in the U.S. market, allowing users to utilise Automated
Read MoreServiceNow Lands AI Partnerships with Visa and EY
ServiceNow, a provider of digital workflow services, has recently broadened its partnership with both EY and Visa, focusing on AI-driven compliance solutions and the transformation of payment services. These collaborations mark another noteworthy step in the integration of advanced AI
Read MoreHere Are The Top 7 Fastest Growing Fintechs in Singapore
In the global financial landscape, Singapore has carved out a niche for itself as a thriving hub of fintech innovation. The annual list curated by The Straits Times and German research house Statista, showcasing the 100 fastest-growing fintechs in Singapore,
Read MoreAdvanced Transaction Monitoring Masterclass
How do you stay ahead in a world where professional crime syndicates can bypass every system, process, and countermeasure designed to keep financial transactions legitimate? Sumsub answers this question with an exclusive course led by industry experts, so you can
Read MoreHow Fintech is Reinventing Travel Payments
The travel payments industry is undergoing a profound transformation, driven by the rise of fintech, evolving consumer preferences and changing market dynamics. A 2023 white paper by Mastercard, titled “Embracing a virtual future of B2B travel payments”, explores these transformations
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