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FinTech

Singapore startup Tookitaki announces SGD 26.2 mn Series A funding round

Singapore-based anti-money-laundering startup Tookitaki announced on Monday that it has raised an additional USD 11.7 million in funding...

Corporate

SFF x SWITCH 2019 concludes with record number of speakers, to return November 9-13 next year

Concluding its combined week-long event on November 15, SFF x SWITCH attracted more than 60,000 participants from 140 countries.

Singapore

DBS adopts AI-powered screening technology to enhance compliance

As financial criminals grew increasingly sophisticated, DBS Bank has implemented an artificial intelligence (AI) powered solution to fend...

Corporate

Financial solutions need to be embedded in people’s lives: MAS Ravi Menon

For financial inclusion initiatives to stick, central banks and regulators need to ensure that FinTech offers interoperable solutions.

Singapore

In Pics: Singapore FinTech Festival 2019

India and Singapore deepened their economic cooperation across the board during the ongoing Singapore FinTech Festival 2019, launching an...

Singapore

BHIM-UPI QR based payment system goes international with soft launch in Singapore

This is the first time that the BHIM app has gone international with the project targeted to go live by February 2020.

Singapore

MAS, Deloitte team up to create industry-wide FinTech research platform

The aim of the platform is to help investors and financial institutions connect with FinTech​ start-ups that they can partner with or...

Singapore

Central bank of France to set up first Asian office in Singapore

The Singapore office is expected to be open in early 2020.

Singapore

India building a strong FinTech partnership with Singapore: HCI Ashraf

There are a lot of exciting possibilities in Singapore and Indian youth are looking at how they can build startup brands in the region,...

SMEs

Dubai ranked seventh in top FinTech locations of the future

Dubai has ranked seventh in the world’s top FinTech Locations of the Future 2019/20 for Economic Potential Index, by fDi Markets.

UAE

IBM and Tata join governing council of US tech platform

International Business Machines (IBM) and Tata Communications have joined the governing council of distributed public ledger platform Hedera...

Global

PhonePe gets SGD 139-mn fund infusion from Singapore parent company

Flipkart's online payment app PhonePe has received SGD 139.15 million (INR 697.91 crore) in a fresh fund infusion from its Singapore parent...

Corporate

Singapore-based InstaRem announces close of USD41 million Series C funding round

InstaReM, a Southeast Asia-based digital cross-border payments company, has announced the close of its SGD55.4 million (USD41 million)...

Corporate

Fintech investments in 2018 double to USD365 million in Singapore

The rise of the fintech sector in Singapore has been highlighted once again as the investment in this field has doubled to USD365 million...

Singapore

MAS launches SGD30 million grant to enhance cybersecurity in finance

The Cybersecurity Capabilities Grant also aims to help financial institutions develop local talent in cybersecurity.

Singapore

Cross-border payments firm InstaRem secures over SGD27.4m Series C funding

Digital cross-border payments company InstaReM has secured a first close of more than USD20 million (SGD27.47 million) in its Series C...

Corporate

MAS, Bank of Canada and Bank of England jointly assess cross-payment models

The report “Cross-border interbank payments and settlements: Emerging opportunities for digital transformation” discusses how a variety...

Singapore

MAS proposes creating a new regulatory sandbox with fast-track approvals

The Sandbox Express is suitable for activities where the risks are generally low, or well understood and could be reasonably contained...

Singapore

Modi’s speech opens doors for collaboration: Indian fintech firms at SFF2018

Connected to India spoke to some of the Indian fintech firms at the SFF2018, on their experience of the festival, as well as their thoughts...

Singapore

India best investment destination, Modi tells global fintech firms

Asserting that India was one of the top nations for fintech adoption, Prime Minister Narendra Modi today exhorted the global fintech majors...

Singapore

GO-JEK partners DBS with “exciting privileges” for bank customers

GO-JEK is set to launch its beta ride-hailing app in Singapore "within the coming weeks".

Singapore

New partnership to allow Razer Pay users to transact at NETS terminals next year

The new partnership between the NETS and Razer aim to achieve full interoperability by the time Razer Pay launches in Singapore in the first...

Singapore

Business sans borders to help in fostering SME digitalisation

MAS and IMDA are working together to create a cross-border innovation platform called Business sans Borders to enhance domestic and...

SMEs

Singapore introduces world’s first FEAT principles to promote responsible use of AI and data analytics in fintech

For responsible use of Artificial Intelligence (AI) and data analytics in the field of finance, the Monetary Authority of Singapore (MAS)...

Singapore

NUS-ISS launches Singapore's first Diploma in smart healthcare

The Smart Health Leadership Centre under the National University of Singapore’s Institute of Systems Science (NUS-ISS) has launched...

Singapore