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FinTech

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

Indian Cabinet approves formation of JWG for strengthening fintech cooperation with Singapore

In another example of the close ties between India and Singapore, the Indian Cabinet approved a Memorandum of Understanding (MoU) signed...

Singapore

NetsPay users may soon be able to make e-payments in China

NetsPay users may soon be able to scan QR codes accepting WeChat Pay in mainland China, and settle their shopping in Singapore dollars.

Singapore

NUS Computing forms blockchain think tank CRYSTAL

NUS Computing has announced the creation of the CRYSTAL Centre, an academic research laboratory and think tank on blockchains.

Singapore

MAS warns of fraudulent website soliciting bitcoin investments

The fraudulent site asks readers to sign up for a Bitcoin account and requests for credit card or bank account details.

Singapore

Interbank Fast transfer to be open to e-wallets as well

By giving e-wallets the access to Fast, consumers can top up and get refund their e-wallets from any bank instantly.

Singapore

Singapore launches SGQR, world's first unified nationwide QR code

The first of its kind globally, SGQR combines multiple payment QR codes into a single SGQR label.

Singapore