financial technology (FinTech)

Fintech

Western Union launches co-located money transfer services at Singapore worker dormitories

SINGAPORE (Jan 17): Western Union has partnered Travelex, an independent foreign exchange (forex) and remittance business, to co-locate its money transfer services within five worker dormitories at Simpang, Mandai, Choa Chu Kang, Penjuru and Jalan Papan.

Fintech

Western Union mobile app launched in Singapore

SINGAPORE (Dec 18): Money remitter Western Union today announced the launch of its mobile app in Singapore – making it the third destination in Asia, after Hong Kong and Malaysia, where the app can be used for Western Union transactions.

Fintech

What the near future holds for global fintech firms & investors: McKinsey

SINGAPORE (Dec 18): With financial technology (fintech) evolving considerably over the last few years, fintech investors will have to be increasingly selective in deploying their capital as some sectors and companies approach a “possible endgame”, sug

Fintech

Singtel's Dash expands payment capabilities to international frontiers with Visa & Apple Pay

SINGAPORE (Dec 10): Singtel’s all-in-one mobile payments app, Dash, has expanded its payment capabilities to include international mobile payments via Apple Pay.

Disruption and Digitalisation

Open banking a key digitisation objective for Asia Pacific FIs: Accenture Research

SINGAPORE (Dec 4): Providing open banking services is on the cards for the majority of large banks in Asia Pacific, according to a new global research report by Accenture Research.

Cybersecurity

As cryptomining activity grows, so do the malware threats: McAfee Labs

SINGAPORE (Sept 26): Cryptomining malware is a rising factor on the cyber threat landscape, continuing its uptrend throughout the first half of 2018 since McAfee Labs first identified a surge in cryptomining malware growth in 4Q17.

Fintech

Alipay and STB conclude first 'cashless trip' for Chinese visitors to Singapore

SINGAPORE (Sept 13): Alipay, the mobile payment and lifestyle platform operated by China’s Ant Financial Services Group, has concluded its first “cashless trip” made by Chinese visitors to Singapore.

Fintech

CGS-CIMB Securities launches eWealth robo-advisory platform

SINGAPORE (Aug 28): CGS-CIMB Securities has launched a robo-advisory platform, CGS-CIMB eWealth, to bring personalised investment advisory services to its retail clients by pairing portfolios with investors’ risk profiles and investment objectives.

Fintech

UOB to offer mobile access to SAP Business One via BizSmart

SINGAPORE (Aug 13): UOB is collaborating with Enterpryze, an Irish start-up providing cloud and mobile technology, to develop a mobile solution that enables its customers to access the SAP Business One software solution via UOB BizSmart.

Fintech

GrabPay now available at BreadTalk, to roll out at Toast Box in Oct

SINGAPORE (Aug 8): BreadTalk has partnered with Grab to introduce the ride hailing and mobile payments app’s GrabPay service across its 42 bakery outlets across Singapore.
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