Fintech

Fintech

Banking for TMRW: Head of UOB’s digital bank explains engagement, advocates, personetics

SINGAPORE (Aug 12): Digital banking and a digital bank are not quite the same, says Dennis Khoo, regional head of TMRW Digital Group at United Overseas Bank.

Fintech

UOB's digital bank sees high acquisition cost as total expenses head up

SINGAPORE (Aug 2): IT-related expenses, among other things, have contributed to higher total expenses incurred by United Overseas Bank (UOB) in the 2Q19 and 1H19 ended June 30.

Fintech

Fintech startup soCash raises US$6 mil in series B funding round

SINGAPORE (July 22): soCash, the Singapore-headquartered fintech startup, announced that it has raised US$6 million ($8.2 million) in its series B funding round.

Fintech

SGX invests in Smartkarma

SINGAPORE (July 9): Singapore Exchange (SGX) has made a strategic investment in Smartkarma, the Singapore-based fintech that is building a global presence with its pioneering investment research pl

Fintech

Singapore startup Instarem says it will apply for digital banking licence

(July 1): Singapore cross-border payments startup Instarem is seeking partners in the lending business as it prepares to apply for a digital banking license in the city state.

Fintech

Bank for International Settlements sets up innovation hub centre in Singapore

SINGAPORE (July 1): The Bank for International Settlements (BIS), the Basel, Switzerland-based institution, which watches over global financial stability, has selected Singapore as one of the locat

Fintech

Singapore to offer up to five digital bank licences

SINGAPORE (June 28): Singapore's central bank said on Friday it would offer up to five digital bank licences to suitable applicants, in a move that could deliver the biggest shake-up in two decades

Fintech

Razer partners Visa to develop virtual prepaid payment solution for Razer Pay users

SINGAPORE (June 24): Razer Inc, the homegrown manufacturer of gaming laptops and gear, and digital payments leader Visa have partnered up to transform payments in the gaming industry by bringing Vi

Fintech

Grab eyes Singapore banking licence as regulator studies virtual banks

SINGAPORE (June 17): Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the city state consider allowing online-only banks into its market, f

Fintech

Grab is said to have discussed buying payments startup 2C2P

(June 17): Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P Pte and was turned down, according to people familiar with the matter, a sign of the ambitions Southeast As

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