Fintech Singapore Digital Finance News - FintechNewsSG
WEBSep 11, 2024 · FintechNewsSG covers the latest news and trends in digital finance, payments, insurtech, regtech, crypto and more in Singapore and Asia-Pacific. Find out how fintech startups, banks, regulators and investors are shaping the future of finance.
List of Licensed Crypto Services Providers in Singapore
WEBJan 25, 2024 · Find out which companies are authorized by MAS to offer digital payment token services in Singapore under the Payment Services Act. Learn about the latest regulations, requirements, and trends for crypto businesses in the city-state.
DBS Faces 6-Months Freeze on IT Changes, New ... - Fintech …
WEBNov 2, 2023 · The Monetary Authority of Singapore (MAS) has imposed a six-month pause on non-essential IT changes at DBS Bank and prohibited the bank from acquiring new business ventures in response to recent disruptions to its digital banking services. DBS had experienced major disruptions to its banking services this year on 29 March, 5 …
Meet the 36 SFF Global Fintech Awards Winners
WEBNov 7, 2022 · 10 individuals were named the SFF Global Fintech Awards’ top fintech leaders in Singapore in 2022: Andrew Gazal, CEO & Founder, ESGTech. El Lee, Chief Operating Officer, Digital Treasures Center. Kelly-Ann McHugh, Director – Asia Pacific, MyComplianceOffice. Manish Bhai, Founder & CEO, UNObank.
Validus Makes Waves as First Fintech in Singapore’s Enterprise ...
WEBOct 8, 2020 · Free Newsletter. Validus, peer-to-peer (P2P) lending platform for SMEs, is Singapore’s first fintech to be approved as a Participating Financial Institution (PFI) under Enterprise Singapore’s Enterprise Financing Scheme. This is the first time that a fintech has been onboarded under the scheme, alongside local banks and established ...
Wallex Receives MAS Approval, Enhances Payment Solutions
WEBJun 1, 2023 · Wallex, a B2B FX and cross-border payment platform has secured approval from Singapore’s Monetary Authority (MAS) to augment its Major Payment Institution (MPI) licence. This enhancement includes account issuance, domestic transfers, and e-money issuance services, further solidifying Wallex’s standing …
E-Commerce Payment Trends in Southeast Asia - Fintech Singapore
WEBJan 11, 2021 · Cards are followed by e-wallets and bank transfers, both at 10%. Singaporeans’ payment methods when shopping online, Southeast Asia: The New E-commerce Frontier, PPRO, Dec 2020. Popular payment methods in Singapore include GrabPay, PayNow, a real-time bank transfer payment method, and Hoolah, a buy now pay later payment solution.
MAS Releases Executive Summary of Gen AI Risk Framework for …
WEBNov 15, 2023 · The Monetary Authority of Singapore (MAS) has wrapped up the first phase of Project MindForge, an initiative aimed at creating a risk framework for the use Generative Artificial Intelligence (Gen AI) in the financial sector.. MAS had released an executive summary of the findings, with a full whitepaper set to be published in January 2024.. Project MindForge was first announced by Heng Swee ...
What is Behind the Metaverse Boom? - Fintech Singapore
WEBDec 6, 2021 · Fintech News Singapore. The metaverse, a concept referring to a shared virtual environment that people access via the Internet, has become one of the hottest business trends this year, building on the accelerated shift to digital channels, growth of the augmented reality/virtual reality (AR/VR) market, and …
WEBSingapore is leading the global standards in blockchain. Singapore's blockchain ecosystem has seen a substantial growth, with a total of 234 blockchain companies operating in the country. Singapore is one of the global leading hubs for Initial Coin Offerings and has grown to be the blockchain hub for Asia. Blockchain is being used in securities ...