FinTech

Broker's Calls

Accrelist's fintech businesses risky but can be rewarding: NRA

SINGAPORE (June 1): NRA Capital is rating Accrelist at “overweight” with a fair value of 1.2 cents but has classified the stock pick as “high risk” as the new businesses are still in the infancy stage.

In print this week

Is Ant an overvalued giant?

SINGAPORE (May 28): Alibaba Group Holding’s Ant Financial Services Group is set to become the world’s most valuable fintech company. An upcoming fundraising of US$10 billion ($13.45 billion) — which, according to reports, has been oversubscribed —

Fintech

Singtel to collaborate with Razer on e-payments and gaming

SINGAPORE (May 2): Singtel and Razer have signed a memorandum of understanding (MoU) to work together in the areas of e-payments, e-sports and other gaming-related digital media and telecommunication services in Southeast Asia.

Broker's Calls

Fintech players are shaking up the banking sector in SEA

SINGAPORE (Apr 16): CLSA is rating the Asean banking sector “overweight” as it is set to take a different route in the near future with fintech players carving out their paths and partnering the banks in more meaningful ways.

Fintech

Singapore favours ‘organic’ policy in move toward open banking

(Apr 12): Singapore wants its lenders to share data with financial technology and other non-bank firms, but doesn’t plan to force the issue, according to a central bank official.

Fintech

DBS launches online remittance service for non-banking customers

SINGAPORE (Apr 12): DBS Bank has announced the launch of SmartSend, an online remittance service that allows non-DBS customers to make same-day money transfers to eight markets around the world, namely: Australia, Hong Kong, India, Indonesia, Malaysia, Ph

IPO

Ayondo makes Catalist debut today

SINGAPORE (Mar 26): Ayondo will make its debut on the Catalist board of Singapore Exchange (SGX) at 9am today.

Broker's Calls

OCBC's growing love for fintech and AI keeps it at 'buy'

SINGAPORE (Mar 23): UOB Kay Hian is maintaining its “buy” call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $14.95.

Fintech

Cybersecurity a top priority as banks turn toward digitalisation, innovation

SINGAPORE (Jan 30): Close to nine in 10 banks globally say addressing cybersecurity in the top priority in 2018, amid a shift toward digitalisation and innovation for future growth.
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