
Tag "Singapore Fintech Festival 2018"
Snapshot of Singapore’s Booming Regtech Scene
Regtech, the younger cousin of fintech has quickly risen out of fintech’s shadow and stand on its own two feet. In Asia, this is perhaps no more apparent than it is in Singapore. Not purely a compliance play Regtech involves
Read More45,000 Participants from 130 Countries Gathered at Singapore FinTech Festival 2018
The third edition of the Singapore FinTech Festival wrapped up its week-long event last Friday, which drew close to 45,000 participants from almost 130 countries, ranging from Afghanistan to Zambia. The Festival continues to be the biggest FinTech event in
Read MoreHighlights of the Singapore Fintech Festival 2018
The 2018 Singapore Fintech Festival, which took place from November 12 to 16, 2018, brought together more than 40,000 participants from over 100 countries in the biggest gathering of the global fintech community ever. This year’s agenda was rich in
Read MoreUOB Joins the Mobile Cross-Border Remittance Bandwagon with UOB Mighty
It appears that Grab is not the only one that is honing in their focus on mobile cross-border remittances, incumbents seems to be unwilling to be left out of the game. UOB announced that they have successfully completed a cross
Read More12 Companies Score SG$1.2 Mil at The Singapore Fintech Awards 2018
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today awarded 12 FinTech companies a total of SG$1.2 million divided for 12 different companies at the Fintech Awards, which took place at the third Singapore
Read MoreSingapore will Be Home to Bank of China’s Global Innovation Lab
China’s 4th largest bank, Bank of China has announced that Singapore will be home to its Bank of China Innovation Lab in their bid to propel the bank to a new era. This lab intended to serve the following purposes
Read MoreRipple Secures Their First Malaysian Bank Partnership with CIMB
CIMB Group and Ripple have entered into a strategic collaboration to enable instant cross border payments across its various markets. On the back of this partnership, CIMB will join Ripple’s network RippleNet, which will facilitate access to other RippleNet members
Read MoreMAS Explores the Concept of Sandbox Express
In keeping with their messaging of being open to experimentation the Monetary Authority of Singapore is exploring an “express version” of their fintech regulatory sandbox which was introduced in 2016. Dubbed the “Sandbox Express” the regulator is proposing the creation of
Read MoreSingapore and Kazahkstan Signed an Agreement to Boost Fintech Innovations
While not often said in the same sentence, Singapore and Kazakshtan have inked a Cooperation Agreement for increased fintech collaborations in earnest. The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS)
Read MoreIMF: Nations Need to Consider a Central Bank Backed Cryptocurrency
During her speech at Singapore Fintech Festival 2018, Christine Largarde, IMF’s Managing Director expressed the need for states to consider the possibility to issue digital currency, adding that there may be a role for the state to supply money to
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