Tag "Singapore"
SAS and KPMG launch first cloud-based IFRS9 and stress testing RegTech solutions in Asia
SAS and KPMG in Singapore released two new Managed Analytics Service Providers (MASP) solutions – the first cloud-based, cost-effective and secure solutions in market to help financial institutions in Asia meet the International Accounting Standards Board’s (IASB) new IFRS9 reporting
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Payments Council Sets Up Taskforce to Develop Common QR Code for Singapore
Establishing interoperable electronic payments and developing a common QR code for Singapore were two key topics that the Payments Council discussed at its inaugural meeting on 11 August 2017. Establishing interoperable electronic payments The Council noted electronic payments as a
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Singapore-Based Blockchain Solutions Provider Bluzelle Closes US$1.5 Million Series a Round
Singapore based blockchain solutions provider Bluzelle has announced that it has raised a US$ 1.5 million Series A round. Aiming to be the database of the sharing economy and next iteration of the internet, Bluzelle is developing a decentralized, on-demand,
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OCBC Bank Launches Mobile Keyboard to enable Cashless Payment directly from any Mobile App
OCBC Bank has launched a mobile keyboard that allows customers to make peer-to-peer payments without having to exit their current mobile applications. The OCBC Keyboard can be used within any mobile app or browser – for instance, within Facebook, Whatsapp,
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Singapore Government: Exploring E-payments for Hawker Centers and Shops in the Heartlands
The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Office (SNDGO) have jointly issued a Request for Information (RFI) for electronic payment (e-payment) solutions to support micro-payments. Mainly
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Simplifying Electronic Payments in Singapore
At Singapore’s recent National Day Rally, Prime Minister Lee Hsien Loong highlighted that while Singapore has the right ingredients to become, what has been dubbed, a ‘Smart Nation,’ there is still much to be done. PM Lee lamented that while
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How are FinTech based enterprises bringing about a ‘Positive Disruption’ in Singapore?
FinTech, also known as Financial Technology, is a portmanteau of financial technology which englobes a better user interface for financial services and products. The concept of FinTech goes back to 1950 when conventional banking transactions were getting replaced by technological
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Interview: Texcent to Launch Digital Payments Platform Paycent in Singapore and the Philippines in Coming Weeks
Texcent, a Singapore-headquartered fintech startup, is looking to launch its digital payment platform, Paycent, this August in Singapore and the Philippines. The company aims to become the global leader for mobile and cashless transactions with a platform that promises a
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Internet-of-Things Technologies to Play a Key Role in Singapore’s Smart Nation Push
In Singapore, Internet-of-Things (IoT) technologies are set to play a key role in the city-state’s digitalization push and Smart Nation plan. IoT refers to a network of Internet-connected physical objects, vehicles, buildings and other items embedded with sensors, electronics, and
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Fintech Mainstream Adoption To Be Driven By Emerging Markets
Over the past 18 months, adoption of fintech solutions has surged globally with now 33% of digitally active consumers across 20 markets using such products and services compared with 16% in 2015, according to EY’s latest EY Fintech Adoption Index.
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