Welcome!
financial technology (FinTech)
Singapore economy
Tech to continue driving Singapore's economy in the year ahead: KPMG
SINGAPORE (Dec 29): Singapore’s chief executive officers (CEOs) are the most confident in their country’s growth prospects as compared to their Asean peers, whom have broadly expressed muted confidence in the global and national economy as well their
December 29, 2017
Interview
World's biggest pension fund says AI will replace asset managers
TOKYO (Dec 15): Hiromichi Mizuno was named chief investment officer of Japan’s Government Pension Investment Fund, the world’s biggest manager of retirement savings, in 2014. He has since led a push to increase equity holdings and advocated for incor
December 15, 2017
Singapore Fintech Festival 2017
Consortium led by IMDA, MAS & SkillsFuture sign agreement for TeSA FinTech Collective
SINGAPORE (Nov 16): A landmark partnership has been established under the TechSkills Accelerator (TeSA) FinTech Collective with today’s signing of a memorandum of intent (MoI) between the Infocomm Media Development Authority (IMDA), the Monetary Authori
November 16, 2017
Singapore Fintech Festival 2017
These countries are leading the way in the Asean fintech landscape
SINGAPORE (Nov 16): With countries including Singapore already moving towards a common national payments infrastructure and QR code standard, these trends could soon set the payment standard for Asean in the future, says United Overseas Bank (UOB).
November 16, 2017
Fintech
Singapore’s fintech strategy is evolving, central bank chief says
SINGAPORE (Nov 8): Singapore’s vision and strategy for developing financial technology is evolving with rapid technological and industry changes, Monetary Authority of Singapore chief Ravi Menon said, as the regulator prepares for its second FinTech F
November 08, 2017
Fintech
New KYC blockchain service to drive fintech efficiencies and counter financial crime
SINGAPORE (Oct 3): A consortium comprising OCBC Bank, HSBC, Mitsubishi UFJ Financial Group (MUFG) and Infocomm Media Development Authority (IMDA) have completed a proof of concept (PoC) for a new type of Know Your Cutomer (KYC) blockchain service.
October 03, 2017
Fintech
Crypto-Mania grips Hong Kong as city looks for life beyond banks
HONG KONG (Sept 25): In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now, he runs a Hong Kong startup that aims to improve how container ships are booked using blockchain technology.
September 25, 2017
Fintech
SingX raises US$4.5 mil and expands to Malaysia and Hong Kong
SINGAPORE (Aug 15): Local fintech startup Sing X has successfully raised US$4.5 million ($6.3 million) in its second round of funding.
August 15, 2017
Fintech
DBS launches new online service for SMEs with Xero tie-up
SINGAPORE (Aug 1): DBS has partnered New Zealand cloud accounting platform Xero to launch an API-driven bank feed integration service with the aim of providing the bank’s small medium enterprise (SME) customers a better grasp of their cash flow with
August 01, 2017