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financial technology (FinTech)
Fintech
MAS and financial industry to develop guidance on responsible use of data analytics
SINGAPORE (Apr 2): The Monetary Authority of Singapore (MAS) is working with key stakeholders in the financial industry to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial instituti
April 02, 2018
M&A
Financial M&A deals in Asia Pacific to hit $161 bil in 2018: Baker McKenzie
SINGAPORE (Mar 26): Baker McKenzie is forecasting for Asia Pacific’s financial merger and acquisition (M&A) deals to hit US$122.7 billion ($160.9 billion) this year, coming in only after Europe and North America at the projected deal values of US$195.7
March 26, 2018
Fintech
Are biometrics becoming the new norm for making payments in Singapore?
SINGAPORE (Mar 20): Making everyday purchases with the touch of a thumb, or a quick glance at a camera, are fast becoming the preferred mode of payment among Singaporeans, according to a recent Visa survey on biometric authentication for payments.
March 20, 2018
Fintech
OCBC is first bank in Singapore to establish AI unit
SINGAPORE (Mar 14): OCBC Bank on Tuesday announced the launch of its own artificial intelligence (AI) unit named AI Lab@TOV within its Fintech and Innovation Group, The Open Vault at OCBC (TOV), in a move to position itself as an “AI-first” bank.
March 14, 2018
Fintech
Southeast Asia fintechs upbeat on growth prospects amid funding worries
SINGAPORE (Mar 14): Financial technology (fintech) firms headquartered in Southeast Asia are optimistic on their prospects of revenue growth, expansion and their ability to take on the international market in the near-term even as funding issues linger,
March 14, 2018
Fintech
Fintech funding in Singapore reached record high of $396 mil
SINGAPORE (Feb 13): Singapore achieved a record high of US$299.1 million ($396.3 million) of fintech funding in 2017, according to the KPMG Pulse of Fintech report.
February 13, 2018
Aviation & Engineering
SIA's KrisFlyer programme to launch blockchain-based digital wallet app
SINGAPORE (Feb 5): KrisFlyer, the frequent-flyer programme of Singapore Airlines (SIA), is launching a blockchain-based airline loyalty digital wallet capability via a new KrisFlyer digital wallet app.
February 05, 2018
Fintech
Ready-made crypto mining kits lure more than geeks in Singapore
SINGAPORE (Jan 26): The volatile and mysterious world of cryptocurrencies is now a shopping mall away -- at least in Singapore.
January 26, 2018
Fintech
tryb receives US$30 mil investment for fintech platform to serve SMEs in Asean
SINGAPORE (Jan 25): Financial technology platform tryb Group has received a US$30 million ($39 million) investment from Singapore-based private equity fund, Makara Innovation Fund, to acquire, develop and scale up growth stage financial technology (fintec
January 25, 2018
Commentary
New tools of active management: how machines can support the investment process
SINGAPORE (Jan 12): Machine learning has become a popular area of research across a range of disciplines. From driverless cars to online retail, the evolution of these techniques has largely taken place outside of finance – but in recent years, the inve
January 12, 2018