financial technology (FinTech)

Startups, Entrepreneurs, Digital economy

Fundnel partners Aussie startup incubator in Singapore launch

SINGAPORE (July 25): Fundnel has announced a first-of-its-kind partnership with ThincLab, a startup incubator backed by the University of Adelaide, for its launch in Singapore.

Fintech

Know your clients: Big data in financial services

SINGAPORE (July 20): The next generation of digitisation in financial services will propel the industry into the knowledge economy. More specifically, financial services firms can look forward to a future of using more contextual knowledge and understandi

Fintech

OCBC pilots two AI solutions in move against money laundering and terrorism financing

SINGAPORE (July 19): OCBC Bank says it has piloted two financial technology (fintech) solutions in total with companies BlackSwan Technologies and Silent Eight, which are part of the bank’s second Fintech Accelerator Programme run by its fintech unit, T

Fintech

What a lower-than-average fintech adoption level means for Singapore

SINGAPORE (July 18): Singapore’s financial technology (fintech) adoption grew to 23% this year from 15% in 2015, according to study findings by assurance, tax, transaction and advisory services firm EY.  

In print this week

How Singapore’s wealth professionals could fall victim to the march of the machines

SINGAPORE (July 3): It appears that Monetary Authority of Singapore (MAS) intends to embrace the efficiencies that robo-advisers – defined by MAS as digital platforms that provide advice on investment products using automated, algorithm-based tools –

Fintech

MAS enters fintech co-operation agreement with Danish regulator

SINGAPORE (June 29): The Monetary Authority of Singapore (MAS) yesterday entered a financial technology (fintech) co-operation agreement with the Danish Financial Supervisory Authority (Danish FSA).

Tech

Canadian AI firm raises US$102 mil in Series A funding, to open Singapore office in 2H

SINGAPORE (June 15): Element AI, a Montreal-based artificial intelligence (AI) company, has raised US$102 million ($140.6 million) and says it will open a Singapore office during 2H17 to serve as a Southeast Asia hub, as part of its resultant expansion in

Fintech

Silverlake Axis announces new banking solutions customer in Thailand

SINGAPORE (June 6): Silverlake Axis, the provider of software systems for financial institutions in Southeast Asia, has announced its receipt of a purchase order to implement its Silverlake Axis Integrated Banking Solution (SIBS) system at what it refers

Fintech

Bitcoin is at risk of no longer being the biggest digital currency

NEW YORK (June 1): Step aside, bitcoin. There’s another digital token in town that’s winning over the hearts and wallets of cryptocurrency enthusiasts across the globe.

SGX signs MOI with IMDA to lower barriers for tech companies to access capital markets

SINGAPORE (May 31): The Singapore Exchange (SGX) and Infocomm Media Development Authority (IMDA) today signed a memorandum of intent (MOI) under the witness of Singapore’s minster for communications and information, Yaacob Ibrahim.
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