Tag "Singapore Fintech Festival"

Pundi X Launches Point-of-Sale Machine Supporting Crypto Payments

Blockchain payments company Pundi X has launched XPOS Web 3.0, a point-of-sale machine which supports crypto payments made using third-party blockchain wallets. XPOS Web 3.0 builds on XPOS, the company’s flagship point-of-sale machine enabling brick-and-mortar retailers to accept crypto payments

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DBS Tests DeFi-Enabled FX and Government Securities Live Trades With MAS

DBS announced that it is testing the trading of foreign exchange and government securities using permissioned DeFi liquidity pools on public blockchain as part of Monetary Authority of Singapore’s (MAS) Project Guardian. The trade involved the outright purchase and sale of

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MAS Launches Project Ubin+

The Monetary Authority of Singapore (MAS) today launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). Ubin+ will look into how atomic settlement based on digital currencies can improve

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Standard Chartered Joins Partior as Founding Partner With Strategic Investment

Standard Chartered announced today at the Singapore Fintech Festival that it has made an investment in Partior and is now a founding shareholder. The sum was not disclosed and is subject to regulatory approvals. Founded by DBS, J.P. Morgan and

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BigPay to Enable Users to Top Up Using BTC and ETH

BigPay, a Southeast Asian challenger bank and Capital A venture company, has launched its crypto top-up feature without any hidden fees. The latest offering was rolled out in partnership with TripleA, a licensed crypto payment gateway licensed by the Monetary

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Ant’s ANEXT Bank Launches Embedded Finance Platform for SMEs

ANEXT Bank, Singapore’s digital wholesale bank and a wholly-owned subsidiary of Ant Group, will collaborate with industry specialists to expand the breadth of service offerings for SMEs on their platforms to include the bank’s digital financial services. The ANEXT Programme

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Singapore, France and Switzerland to Collaborate on Wholesale CBDC Project

BIS Innovation Hub is launching a project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Dubbed Project Mariana, it explores automated market makers (AMM) for cross-border exchanges of the hypothetical

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Terrascope Partners DBS, ERM, and Workiva to Help Enterprises Decarbonise

Terrascope, a smart carbon measurement and management platform, announced its strategic partnerships with DBS Bank, ERM, and Workiva in its ecosystem, offering end-to-end decarbonisation solutions for large enterprises yesterday. Real economy stakeholders, financial institutions, reporting platforms, and sustainability consultants will

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StraitsX Pilots Three Stablecoin Applications at SFF to Showcase Real-World Use Cases

Crypto payment infrastructure company StraitsX is piloting a series of stablecoin applications at the Singapore Fintech Festival 2022 to showcase stablecoins’ real-world use cases and business benefits. The three use cases, done in collaboration with IDEMIA, The HBAR Foundation, Mastercard

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MAS Commits S$150 Million Funding to Innovate Financial Sector

The Monetary Authority of Singapore (MAS) is opening a fresh round of funding for the Financial Sector Technology and Innovation Scheme (FTSI), amounting to S$150 million for the next three years. This was announced by Lawrence Wong, Singapore’s Deputy Prime

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