Singapore Fintech Festival 2023
Mastercard, FOMO Pay to Allow SGQR Payments By Scanning Cards
Mastercard Singapore and FOMO Pay have collaborated to introduce Mastercard QR within SGQR, the unified national QR code of Singapore. This initiative, in line with EMVCo Merchant-Presented QR standards, allows cardholders to use Mastercard credit and debit cards for payments
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Faspay, EzyRemit Agree Cross-Border Payments MoU at Australia Pavilion
In a pivotal development within the nascent fintech sectors of both countries, Indonesian payment gateway Faspay, and Australian remittance company EzyRemit have embarked on a collaboration. This alliance was cemented with a Memorandum of Understanding at the Singapore Fintech Festival
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Ant International, Grab, StraitsX Explores Use of Digital SGD for Cross-Border Payments
Ant International, Grab, and StraitsX (part of Fazz) announced a collaboration to look into the potential of Purpose Bound Money (PBM) for cross-border payments. PBM is a protocol that specifies the conditions upon which an underlying digital currency can be
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Bahrain EDB Establishes Gateway to Asia With First Office in Singapore
The Bahrain Economic and Development Board (EDB) has officially revealed the establishment of its first Southeast Asia office in Singapore. This development aims to bolster Bahrain’s position as an attractive destination for investments, particularly for Singaporean businesses. The office will
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Visa Teams With Tencent to Grow Chinese Remittances via Digital Wallet
Visa, a global leader in digital payments, and Tencent Financial Technology, the fintech arm of Tencent, have announced a partnership at the Singapore Fintech Festival 2023 that will broaden Visa’s reach in the Chinese remittance market. This collaboration will enable
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Singapore Fintech Festival 2023 Announces Global Fintech Award Winners
The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA), with support from PwC Singapore, have announced the winners of the SFF Global Fintech Awards at the Singapore Fintech Festival 2023. These awards are a testament to the
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Pints AI, Toggle AI, Visa Crowned Winners at MAS’ Global Fintech Hackcelerator 2023
In a significant move to promote artificial intelligence in the financial sector, the Monetary Authority of Singapore (MAS), in partnership with the Singapore Fintech Association (SFA), announced the winners of the Global Fintech Hackcelerator at the Singapore Fintech Festival (SFF)
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DIFC to Kick off Fintech World Cup at SFF 2023 With Pitch Competition
Global fintech startups seeking funding have the opportunity to participate in the Fintech World Cup (FWC), organised by the Dubai International Financial Centre (DIFC). Registration is currently open for an initial pitch competition that will take place tomorrow (17 November)
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Early-Stage Fintechs Grab Half of ASEAN Funding as Green Fintechs Gain Traction
According to the recent “Fintech in ASEAN 2023: Seeding the Green Transition” report, jointly released by UOB, PwC Singapore, and the Singapore Fintech Association (SFA), there is a growing interest in sustainable finance solutions despite the broader funding winter affecting
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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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