FinTech

Startups, Entrepreneurs, Digital economy

Singapore fintech firm says launches first digital platform for trade finance assets

SINGAPORE (May 16): A Singapore central bank-backed fintech firm, CCRManager, on Tuesday launched what it says is the first digital platform for the distribution of international trade financing, transactions now handled mainly by phone and email.

In print this week

Marvelstone Capital to launch robo-advisor platform for family offices in Asia

SINGAPORE (March 31): Marvelstone Capital plans to launch a new robo-advisor platform in 3Q this year, which is to be available on desktop and mobile for the asset management company’s clients.

Fintech

FinTech cooperation framework set up between Singapore, Japan

SINGAPORE (March 13): The financial regulatory bodies of Singapore and Japan have reached an agreement to enhance FinTech linkages between the two countries.

Next up: blockchain tech trials in income securities trading and cross-border payments

SINGAPORE (March 9): A proof-of-concept project on the use of distributed ledger technology  to conduct domestic interbank payments has come to a successful conclusion, announced the Monetary Authority of Singapore on Thursday in a press statement.
Alibaba’s Alipay is the world’s largest online payment gateway

Tech

What’s driving China’s fintech boom?

SINGAPORE (Dec 12): Every now and then, you see a media story somewhere about China’s ascendancy as a global fintech, or financial technology, player. The truth is that China has dominated the world’s fintech scene for nearly three years now and indee

What the Chettiar era tells us about fintech

Singapore is a financial centre with gleaming towers full of banks. The world’s leading banks adorn the skyline. The bankers are cosmopolitan and hail from Greenland to New Zealand.

MAS issues regulatory guidelines for fintech experiments

SINGAPORE (Nov 16): The Monetary Authority of Singapore (MAS) announced that it has published the “regulatory sandbox” guidelines for financial technology (fintech) experiments after public consultations and learning points from other sandboxes.

Tech

DBS’ next logical step in fintech is AI

SINGAPORE (Nov 14): DBS Group Holdings on Monday officially opened DBS Asia X, a 16,000 sf innovation space at Sandcrawler Building in Fusionpolis that features co-working spaces for up to 100 people. The new facility is part of DBS’ plan to develop a F

The top fintech companies come from this Asian country

SINGAPORE (Oct 24): China’s fintech companies are coming out tops among leading fintech innovators globally, with 4 out of the five best companies coming from the country.

Bank of Russia head sees bigger challenge than rates for lenders

BLOOMBERG (Oct 14): Preoccupied by ultra-low interest rates in much of the industrialised world, the financial industry risks being blindsided by an even bigger challenge, according to Russian central bank Governor Elvira Nabiullina.
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