Tagged: singapore

High Speed Blockchain Zilliqa Sees Heavy Demand from Investors, Lowers Funding Goal

Zilliqa, a high speed blockchain technology, has reportedly lowered their funding cap from $30 million to $20 million even with heavy demand from investors.  Zilliqa’s tech is designed to address the shortcomings of current Blockchain technology that is not robust enough to handle global, institutional… Read More

Monetary Authority of Singapore Launches Consultation on Payments Including Cryptocurrencies

The Monetary Authority of Singapore (MAS) has launched a second consultation on a payments regulatory framework, known as the Payment Services Bill. The Bill is designed to streamline the regulation of payment services under a single legislation, expand the scope of regulated payment activities to… Read More

Singapore Updates on Payments Council as Quick Response Code Specifications for Electronic Payments is Endorsed

The Monetary Authority of Singapore has posted an update on the Singapore Payments Council. According to MAS, the COuncil has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets,… Read More

Indorse Announces Strategic Collaboration With AppCoins

Indorse, a Singapore-based decentralized social network for professionals, announced on Thursday it has formed a strategic collaboration with AppCoins, new cryptocurrency that all Aptoide App Store users can earn and spend inside app stores. According to the network, the new collaboration comes just before its MVP launch later… Read More

Singapore Creates Massive Partnership to Boost Development of Fintech Professionals

Six local universities and three governmental agencies have joined together in a “landmark” Memorandum of Intent (MOI) to create the “TechSkills Accelerators FinTech Collective. The mission is to develop industry ready professionals with the needed skills in the booming sector. The “TeSA FinTech Collective” was… Read More

Global FinTech Hackcelerator Winners Announced by MAS

The annual FinTech Festival is taking place in Singapore and there is plenty of news regarding the city wide event. The Monetary Authority of Singapore (MAS) has just announced the three winners of the Global FinTech Hackcelerator. The three winners were selected from a pool… Read More

Monetary Authority of Singapore Publishes Guidance on Initial Coin Offerings

The Monetary Authority of Singapore (MAS) has published a document providing guidance on Initial Coin Offerings (ICOs). Entitled “a Guide to Digital Token Offerings,” the document seeks to clarify when an ICO is in fact a security, and thus regulated and the application of securities… Read More

Introducing ACE, Crowdo’s New Artificial Intelligence Due Diligence System

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding unveiled today its proprietary Artificial Intelligence driven due diligence system, Crowdo ACE, aimed at benefiting both their borrowers and investors. Crowdo ACE takes into account a few thousand unconventional and alternative attributes and… Read More

OurCrowd Selects Roland Wee as Managing Director for Asia

OurCrowd, a leading global equity crowdfunding platform, has announced the appointment of Roland Wee as Managing Director of the company’s Asia operations. OurCrowd said that Wee will serve as a “key addition” to its management team to spearhead its continued growth and success in the… Read More

Monetary Authority of Singapore Sponsors “World’s Largest” Fintech Festival this Week in Singapore

The Monetary Authority of Singapore (MAS), in partnership with The Association of Banks in Singapore (ABS) and with SingEx Holdings, kick off the Singapore FinTech Festival today. This is the second edition of the week-long event that promises to provide a forum for the Fintech… Read More

High Speed Blockchain Creator Zilliqa Partners with FBG Capital

Zilliqa, a high-throughput Blockchain platform developed at the National University of Singapore, has announced a partnership with FBG Capital, a digital asset management firm in blockchain-based capital market. As part of the agreement, FBG Capital will be investing into the project and Zhuo Shuoji, founding partner of… Read More

Singapore & China Strengthen Capital Markets Cooperation as MAS & CSRC Meet

The Monetary Authority of Singapore and China Securities Regulatory Commission (CSRC) met this week in a roundtable meeting to discuss closer cooperation. This is the second meeting of its kind with the first taking place in Chongqing, China in April 2016. MAS and CSRC discussed how… Read More

On Guard! Rivetz & Ammbr Unite to Promote Multifactor Authentication

Rivetz Corp., a provider of mobile, decentralized security solutions for business customers worldwide, today announced a partnership agreement with Ammbr, a decentralized mesh network tokenizing broadband internet access founded earlier this year and based in Singapore. Rivetz and Ammbr will work together to integrate and… Read More

Crowd Genie Launches Genie Shield Provision Fund to Protect Investors

Singapore-based crowdfunding platform Crowd Genie has announced the launch of a provision fund entitled GenieShield. This new fund is geared towards providing investors better protection against delays and potential defaults in loan repayments. Crowd Genie reports the fund will be managed by a Singapore-registered Trust… Read More

Singapore’s Roadmap for a Leading Global Financial Centre Hinges on Fintech

The Monetary Authority of Singapore (MAS) has released an “industry transformation map” (ITM) for financial services. The graphic is a visual depiction of growth strategies designed to create a leading global financial centre. This “roadmap” highlights the importance of financial innovation or Fintech to the… Read More

Speedy Blockchain Zilliqa Adds Fintech Leaders to Advisory Board

Zilliqa, a high-transaction rate blockchain platform designed to power the future of financial transactions, has added two leaders of banking and Fintech to their advisory board. The announcement comes at a time when the company prepares to release their public testnet and source code to developers…. Read More

LATTICE80 in Singapore: World’s Largest Fintech Hub Gets Bigger

LATTICE80 is getting bigger, faster. The worlds largest Fintech hub, based in Singapore, will expand to 70,000 sq. ft. and then at a later date, jump to 100,000 sq. ft.  The physical growth is being matched with some strategic moves as LATTICE80 will launch its… Read More

Fintech Association of Hong Kong Signs MOUs with Three Different Fintech Groups

It is Fintech week in Hong Kong so there is plenty going on regarding alternative finance in the Asian financial center. According to a report in CFOInnovation, the Fintech Association of Hong Kong (FTAHK) made a timely move to sign Memorandums of Understanding with not… Read More

WishFinance Announces Global Expansion of Blockchain Platform

Singapore-based WishFinance announced on Wednesday the global expansion of its blockchain platform. According to the company, this decision was widely applauded by investors who put into the project during the token pre-sale campaign from October 15th to October 25th.  As previously reported, WishFinance has issued more… Read More

Worldwide Asset eXchange & KyberNetwork Partner on Gaming Pay

Worldwide Asset eXchange (WAX) and KyberNetwork have formed a partnership said to enable online gamers to pay for virtual items using ETH and ERC20 tokens on the WAX platform and on the website OPSkins.com, the largest in the marketplace in the world for the $50… Read More