Tag "Singapore"

Swiss Research Firm Lists Singapore’s Best and Worst Crypto Exchanges

Cryptogenes, a market research firm operating out of Switzerland through the legal entity HeyDays Services, has released a report detailing the results of an audit of Singapore’s 20 centralized cryptocurrency exchanges. The audit evaluates the overall quality of all of

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A Look at South East Asia’s Thriving Fintech Cities

A historically unbanked region, South East Asia’s fintech cities surge in growth have been fueled by the region’s young and digitally-savvy population, high mobile penetration and growing middle class. From small and medium-sized enterprises (SMEs) looking for financing, to young, active

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MAS’ Chief Fintech Officer on Making Singapore a World Leader in Digital Banking

Over the past couple of years, Singapore has emerged as one of the fintech’s top hotspots in the world. Today, the city state is home to 43% of all fintech companies in Southeast Asia: that’s about 750+ organizations. Since being

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Smaller Banks in Singapore Are at Risk As Fintechs Eye Digital Banking License

Competition is heating up in Singapore’s digital banking landscape as an increasing number of fintechs including e-wallet operators and payment services providers are looking to apply for when applications open in August. Liquid Group, Xfers, MatchMove Pay and FOMO Pay are

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Facial Recognition Authentication: Is It Good Enough to Fight Financial Fraud?

More than 2800 branches were closed in the UK between 2015 and the end of 2018, and a similar trajectory can be seen across the globe. This trend is driving traditional banks to switch to expand their businesses digital channels,

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Singapore’s New GST Proposal for Crypto “One of the Friendliest Tax Regulations in the World”

The proposal of the Singapore government’s taxation agency to remove goods and services tax (GST) from cryptocurrency transactions could give a boost to the burgeoning sector, experts and industry participants claim. Earlier this month, the Inland Revenue Authority of Singapore

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7 Recent Stories That Proves Singapore is a Leader in Fintech and Innovation

In Southeast Asia, Singapore has established itself as a fintech hub leading the way when it comes to investment and regulations. A combination of favorable rulings, supportive initiatives from both the private and public sector, an already dynamic startup ecosystem,

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NETS Enables Over 500 Singaporean Hawkers to Accept Cashless Payments

22 coffee shops, 10 hawker centers and 12 industrial canteens have adopted a unified digital payment solution provided by NETS, Enterprise Singapore said on June 29. The solution combines in one point-of-sales terminal and a single SGQR label a total

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7 Blockchain Projects and Startups Leading the Way in Singapore

In recent years, Singapore has emerged as a hotbed for blockchain and crypto innovation, fuelled by the supportive stance from the government towards adopting cutting technologies. Sources say that there are over 634 companies have been incorporated in Singapore with a

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3 Startups From Singapore Selected For Fintech Global’s Top 100 Wealthtech List

Data and research provider Fintech Global has released its inaugural Wealthtech 100 list, which features the world’s top 100 companies transforming the wealth and asset management industry. Wealthtech is one of the fastest growing verticals of fintech, which has attracted

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