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

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

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

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).

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

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.

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.

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.

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
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