Tag "Singapore"

How DBS and OCBC Global Leadership Shows Singapore’s Success in Open Banking

Singapore’s DBS Bank and OCBC are regional leaders in fintech and pioneers in open banking according reports from Accenture and Innopay Open Banking Monitor. The positioning of these banks gives us a good sense of where Singapore stands in the global

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Fintech News Network: 12 Infographics Showcasing the State of Fintech Around the World

2018 was an exciting year for fintech around the world with many developments across Europe, Asia and the Middle East. Worldwide, fintech companies raised a whopping US$57.9 billion through 875 deals in the first six months of 2018 alone, already

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Singapore Gets First SGD-Backed Stablecoins

A new stablecoin project called Singapore Dollar Rate (SGDR) has launched in Singapore. Created by the team behind blockchain startup Rate, SGDR is said to be the first Singapore dollar-backed stablecoin, “guaranteeing users full redeemability for Singapore dollars on demand,”

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New Report Explores Singapore and London Strengths and Challenges as Fintech Hubs

Though Singapore and London have all the key elements to enable the emergence of thriving fintech ecosystems, challenges remain for the two locations which shouldn’t be undermined, including the need to collaborate. In a new international research report titled Fintech

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Singapore Financial Regulator Releases Updated Guide for ICOs

The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update to its guide for businesses looking to raise money through initial coin offerings (ICOs). The paper, titled A Guide to Digital Token

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4 Swiss Wealthtech Rockstars That Will Rock Blockchain in Singapore

Switzerland, which enjoys an international reputation as a reliable and innovative financial center, has emerged as a hotbed for fintech innovation in recent years. Today, innovative solutions from Swiss companies are in high demand in Singapore as Switzerland continues to

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Highlights 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

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Top 28 Fintech and Insurtech Innovation Labs in Singapore

Singapore, which has set out to become one of the leading fintech hubs in the world, has witnessed the establishment of dozens of innovations labs in recent years as banks and foreign tech firms are looking to capitalize on the

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Fintech Regulation: New Law to Impact Mobile Wallet Operators in Singapore

Singapore is about to introduce a new law to prevent shadow banking by requiring mobile wallet operators and payments startups to ring-fence deposits so they don’t function as unregulated banks. In an exclusive interview (paywall) with the Business Times, Ravi Menon,

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This Singaporean Team Wants to Combat Crypto-Scams with a Board Game

Cryptocurrency has been the subject of a huge amount of interest by the populace, yet if you pulled someone off the street to ask them specific questions, there’s a very high chance that they’ll draw up a blank. The crypto-world

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