FinTech
FinTech
Catapulting moneylending into the cyber age: LendFoundry CEO Sandeep Phophaliya
Money-lending is one of the cornerstones of the global economy, with the concept almost as old as currency itself.
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...
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.
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...
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.
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...
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.
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...
Central bank of France to set up first Asian office in Singapore
The Singapore office is expected to be open in early 2020.
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,...
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.
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)...