Banking and FinanceFeaturedSingapore announces $88 mn package to support financial sectorInternational Finance Business DeskApril 15, 2020 by International Finance Business DeskApril 15, 2020 The aid is in addition to the $4.02 bn set aside in budget 2020 to help the sector fight against Covid-19... Read more
FintechMagazineSilent Eight: AML software that makes sense of alertsInternational FinanceMarch 13, 2020April 2, 2020 by International FinanceMarch 13, 2020April 2, 2020 AI-based AML software that simply suggests or weights alerts is passé; Silent Eight’s solution gives plain English explanations for decisions.... Read more
BankingFeaturedArival Bank applies for a digital banking licence in SingaporePritam BordoloiMarch 9, 2020 by Pritam BordoloiMarch 9, 2020 The bank is also in the process of applying for a full service virtual banking licence in Lithuania... Read more
FeaturedFintechGlobal fintech deals fall by 4% as China suffersPritam BordoloiFebruary 21, 2020 by Pritam BordoloiFebruary 21, 2020 3,472 fintech deals were recorded with a total value of $53.3 bn in 2019... Read more
FintechGrab launches SE Asia’s first numberless cardPritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 The GrabPay card, launched with a collaboration with Mastercard, is currently available in Singapore... Read more
FinanceAlibaba’s Ant Financial to raise $1 bn to invest in SE AsiaPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 The fund will invest in payments and fintech startups in Southeast Asia and India... Read more
FintechVietnam, Singapore receive 87% of fintech funding in SE AsiaPritam BordoloiNovember 20, 2019 by Pritam BordoloiNovember 20, 2019 Fintechs in SE Asia raised $1.14 bn during the first nine months of 2019, compared to $679 mn in 2018... Read more
FintechSingaporean fintech startup DEXFT secures fundingPritam BordoloiNovember 8, 2019 by Pritam BordoloiNovember 8, 2019 Round led by blockchain and cryptocurrency fund LuneX and Singapore state-owned SGInnovate... Read more
FinanceSingapore fintech investments rose to $735 mn in 9 monthsInternational Finance DeskOctober 15, 2019 by International Finance DeskOctober 15, 2019 An Accenture report shows that the number of fintech deals dropped from 133 to 94... Read more
FintechSingapore faces human capital shortage in fintech sectorPritam BordoloiSeptember 26, 2019November 1, 2019 by Pritam BordoloiSeptember 26, 2019November 1, 2019 94% of employers in the fintech industry claim Singapore faces a talent shortage... Read more