SINGAPORE (Nov 15): Two Singapore-based fintech companies – Silent8 and SoCash – have been named among the top 50 most promising fintech companies in the world.

Silent8 helps financial institutions and banks combat financial crime by using artificial intelligence, machine learning and various technologies in the area of cyber security to address money laundering and terrorist financing issues.

SoCash serves the banking industry, by addressing cash logistics issues. Through its mobile app, it transforms every shop into a scalable digital, cash distribution network to allow users to access cash, and utilises the shared economy to improve cash circulations.

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