financial technology (FinTech)

SINGAPORE (Aug 2): In a bid to encourage cashless transactions and reduce the usage of coins in Singapore, Wirecard, EZ-Link and Cheers have jointly rolled out a new cashless solution islandwide.

SINGAPORE (19 June): POSB, DBS and Standard Chartered bank customers may now withdraw cash from their accounts at all 7-Eleven stores in Singapore via the soCash app, without the need for an ATM card or PIN code.

SINGAPORE (June 7): UnionPay International (UPI) bank members will soon be able to make Quick Response (QR) code payments at selected hawker centres, a solution developed by homegrown payments technology Liquid Group.

SINGAPORE (June 5): All Singaporeans and permanent residents (PRs) can now open an OCBC 360 Account via the bank’s website, without the need to visit a bank branch or provide documents, says OCBC Bank.

SINGAPORE (May 31): United Overseas Bank (UOB) says it will be holding dedicated digital clinics on a monthly basis, through which the bank intends to teach small businesses to improve their processes with technology via one-on-one guidance.

SINGAPORE (May 30): Singapore’s goal of becoming a high-tech financial hub are running into real-world problems of labor supply and demand.

SINGAPORE (May 7): One out of every 10 people in Asia and the Pacific is directly affected by remittances, finds a study conducted by the International Fund for Agricultural Development (IFAD).

SINGAPORE (May 3): The Monetary Authority of Singapore (MAS) announced that the third edition of its Singapore FinTech Festival will be taking place over the week of Nov 12-16, in partnership with The Association of banks in Singapore and in collaboration

SINGAPORE (Apr 18): OCBC Bank today launched its artificial intelligence (AI) powered voice banking service to serve as a medium for its banking customers’ interaction and engagement via the Google Assistant function on a smartphone or a Google Home dev

SINGAPORE (Apr 12): Regulation technology (regtech) is set to grow in the coming years, says financial services firm EY in its recent white paper.