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