November 11, 2019 @ 9:57 pm By Omar Faridi  |  

The central bank of Singapore is preparing to extend additional funding for Fintech-related projects, because the five-year investment round ending in March has led to positive developments. The Monetary Authority of Singapore (MAS) will most likely announce additional funding plans in 2020, with key investments… Read More

 Tagged ai, artificial intelligence, cybersecurity, monetary authority singapore, ravi menon, singapore

November 11, 2019 @ 9:20 pm By JD Alois  |  

Goldman Sachs Bank took to Twitter once again to address the ongoing allegations of gender bias in regards to the issuance of the Apple Card. The Twitterati blew up last week as multiple Apple Card users claimed that gender was a factor in allocating credit… Read More

 Tagged apple card, goldman sach, goldman sachs

November 11, 2019 @ 4:21 pm By JD Alois  |  

Alipay, part of Ant Financial / Alibaba, just had a gangbusters day as all of the transactions for Singles Day were processed through the payment platform. More than five years ago, Alipay topped PayPal to become the world leader in mobile payments – something that… Read More

 Tagged alibaba, alipay, ant financial, china, singles day

November 11, 2019 @ 3:20 pm By Omar Faridi  |  

Singapore-based Fintech firm M-DAQ Pte, a company that develops over-the-top (OTT) applications to enable international business transactions for various industries, has reportedly won the backing of Samsung Group’s VC fund in order to expand its operations into South Korea and other regions. Following Samsung’s investment… Read More

 Tagged M-DAQ, Richard Koh, samsung, singapore, south korea, venture capital

November 11, 2019 @ 3:10 pm By JD Alois  |  

Alibaba’s annual Singles Day has turned into a huge event in China. Headlines today indicate that singles day has delivered a record-setting amount of transactions as sales top a whopping $38 billion. According to Alibaba, $1 billion was settled via Alibaba’s Fintech platform Alipay within… Read More

 Tagged alibaba, alipaya, bitcoin, china, lolli

November 11, 2019 @ 2:55 pm By JD Alois  |  

Alpaca, a Y Combinator Alumni that is a “developer-first API stockbroker,” reports that it has surpassed $1 billion in transactions after one year of operation. Meanwhile, Alpaca says it has raised $6 million in new funding. Alpaca says that over 11 million active traders worldwide… Read More

 Tagged alpaca, pierce crosby, tradingview, yoshi yokokawa

November 11, 2019 @ 1:05 pm By Omar Faridi  |  

Wirex, a borderless payment platform, announced on November 11 that it will be introducing a new Visa Travelcard at the Singapore Fintech Festival. According to a release shared with Crowdfund Insider: “The multi-currency travel card will empower customers across the APAC region to seamlessly spend… Read More

 Tagged apac, pavel matveev, singapore, singapore fintech festival, wirex

November 11, 2019 @ 11:54 am By Omar Faridi  |  

Giant payments processor Mastercard will be revealing its new experience center at the Singapore Fintech Festival, an event where clients and their partners to discuss business ideas, potential opportunities for working cooperatively to develop new products and for present innovative technology solutions. The Mastercard Experience… Read More

 Tagged mastercard, Mastercard Experience Centre, singapore, tobias puehse

November 11, 2019 @ 8:50 am By JD Alois  |  

Applications for the Innovate Finance Women in Fintech Powerlist 2019 are now open, according to Innovate Finance. Innovate Finance is the leading advocacy group for all things Fintech in the UK.  The Women in Fintech Powerlist has become an annual staple for the group as… Read More

 Tagged innovate finance, uk, united kingdom, women in fintech powerlist

November 11, 2019 @ 8:21 am By JD Alois  |  

Benoît Cœuré, the outgoing European Central Bank Executive Board Member and an individual some thought best equipped to become the President of the ECB, has been appointed to lead the newly created Bank for International Settlements (BIS) Innovation Hub. According to BIS, Cœuré will commence… Read More

 Tagged bank for international settlements, Benoit Coeure, bis, bis innovation hub, cbdc, libra, stablecoins