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Singapore Fintech Report 2022: Fintech Reaches Critical Mass in Singapore
In Singapore, the COVID-19 pandemic has acted as a catalyst for fintech adoption, driving demand for digital payment capabilities, virtual banking experiences and buy now, pay later (BNPL) arrangements. Consumers and businesses are signing up en masse to digital banking
Read MoreFintech in Singapore: 2021 in Review
In 2021, Singapore continued to pursue its ambition to become a world leader in fintech innovation, multiplying initiatives to foster green fintech, explore opportunities related on central bank digital currency (CBDC), and lay the foundation for open finance. Leading fintech
Read MoreCIMB Bank Vietnam and F88 Form Partnership to Boost Financial Inclusion
Lending platform F88 Business has entered into a new strategic partnership with CIMB Bank Vietnam to promote financial inclusion to the unserved and underserved sector of the economy. According to the latest figures from the General Statistics Office (GSO), Vietnam
Read MoreThe Biggest Insurtech Funding Rounds of 2021 in APAC
2021 has been a record year for insurtech funding. As of Q3 2021, more than US$10.5 billion had been raised by companies in the space year-to-date (YTD), surpassing 2020’s total of US$7.1 billion by nearly 48%, data from insurance advisory
Read MoreThe Trillion Dollar Cross-Border Payments Market is Getting a Makeover
The trillion-dollar cross-border payments market is getting a revamp, fueled by technological advances, a changing regulatory landscape and a rush of new entrants promising to solve customers’ long-lasting pain points. During Fintech Fireside Asia’s latest panel discussion, top executives from
Read MoreBreaking Down Marketplace Borders
Anders la Cour, co-founder and Chief Executive Officer of Banking Circle explains how Banking Circle Marketplaces empowers global trade by helping PSPs that support marketplace merchants to access fast, affordable cross border payments. When a new business launches, payments are
Read MoreFintechnews.ph Launches Fintech Philippines Report and Map 2020
2019 saw a boom for the Philippines’ digital payments space, where e-money transactions jumped to 36% to reach PHP 760 billion in value, the strongest rise across all payments transaction types. E-money transactions growth surpassed credit card and debit card
Read MoreHow Artificial Intelligence is Powering Asia’s Fraudtech Fight Against Financial Crime
Advances in technological fields including artificial intelligence (AI) and biometrics are providing new ways for financial institutions and startups to combat the surge in fraud and financial crime resulting from the rise of digital banking and fintech. With governments across
Read MoreAsia’s Crypto Derivatives Market Overview and Infographic 2020
2020 has seen a major surge in product offerings catering to sophisticated and institutional investors in the crypto space. Exchanges around the world have recognised the importance of services such as institutional-grade custody, research & data analytics, prime brokerage and
Read More20/20 Hindsight Will Help Financial Institutions Around the World Fast-Track Digital Success
Just like in almost every other industry, financial institutions have been planning and implementing increased digitalisation for some years. However, the coronavirus crisis and resulting nationwide restrictions have undoubtedly accelerated the rate at which new tech and processes have been
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