Tagged: singapore

November 3, 2017 @ 9:24 am By JD Alois  |  

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

November 2, 2017 @ 11:02 am By Erin Hobey  |  

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

October 31, 2017 @ 7:43 am By JD Alois  |  

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

October 30, 2017 @ 3:02 pm By JD Alois  |  

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

October 30, 2017 @ 9:09 am By JD Alois  |  

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

October 29, 2017 @ 9:44 pm By JD Alois  |  

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

October 25, 2017 @ 11:45 pm By JD Alois  |  

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

October 25, 2017 @ 1:19 pm By Samantha Hurst  |  

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

October 25, 2017 @ 8:02 am By JD Alois  |  

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

October 25, 2017 @ 7:28 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed a cooperation agreement to strengthen Fintech ties between the two Asian financial centers. There was a signing ceremony organized by HKMA today in Hong Kong. As part of the Agreement,… Read More

October 24, 2017 @ 11:22 pm By JD Alois  |  

LendingStar Exchange (LSX), a company that claims to be the worlds first invoice trading platform based on Blockchain, kicks off its Initial Coin Offering today (October 25th). LendingStar launched a private token sale earlier this month to invitation only investors. While no details have been… Read More

October 23, 2017 @ 7:37 am By JD Alois  |  

Citing clear demand, Marvelstone has announced their intent to open an extension of the Singapore based LATTICE80 Fintech hub in New York City at some point during 2018. The New York office is seen as a bridge to help connect Asia’s and the US’s Fintech… Read More

October 19, 2017 @ 12:11 pm By JD Alois  |  

LATTICE80, the world’s largest Fintech hub based in Singapore, will launch an Initial Coin Offering (ICO) at some point next year. Specific details on the ICO were not made available. LATTICE80 did disclose the ICO would only be made available in regulated environments including Singapore,… Read More

October 17, 2017 @ 7:32 am By JD Alois  |  

Manchester-based Racefields is reporting it has inked a partnership with an unnamed platform in Singapore to expand its debt trading platform RCX to the southeast Asian country. Through the partnership, any deals listed on the RCX platform that match the investment criteria of the funder… Read More

October 16, 2017 @ 8:10 am By JD Alois  |  

Marvelstone Group, the company behind the world’s largest Fintech hub – LATTICE80, is getting into Artificial Intelligence (AI) in a big way. Marvelstone has announced the creation of the “world’s largest AI Hub” based in Singapore. Marvelstone, based in Singapore, is a private investment group that… Read More

October 14, 2017 @ 6:58 am By JD Alois  |  

Ravi Menon, Managing Director of the  Monetary Authority of Singapore (MAS), spoke about the intrinsic potential of Blockchain or Distributed Ledger Technology (DLT) at the Global Blockchain Business Conference last week in India. Singapore is the leading Fintech hub in southeast Asia and is keen… Read More

October 13, 2017 @ 8:30 am By JD Alois  |  

One of the challenges of distributed ledger technology (DLT) is the ability to scale on a global basis.  The massive amount of financial transactions digitally roaming the world are astounding. Zilliqa, created by researchers at the National University of Singapore led by Xinshu Dong, has… Read More

October 8, 2017 @ 5:11 am By JD Alois  |  

The Centre for Finance, Technology and Entrepreneurship (CFTE) is launching their first online Fintech course which will open to the public soon. If you are interested, you may enroll here. The course is described as “Around Fintech in Eight Hours.” The coursework starts with an overview of Fintech and introduces a… Read More

October 5, 2017 @ 9:15 am By JD Alois  |  

Blockchain or Distributed Ledger Technology (DLT) is pretty much accepted as the future of banking. A bigger question is whether or not banks will continue to exist, at least in present form.  Banks that embrace change and innovation stand a better chance to evolve and… Read More

October 3, 2017 @ 10:22 pm By JD Alois  |  

OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), along with Infocomm Media Development Authority (IMDA), have successfully completed a proof-of-concept for a Know Your Customer (KYC) blockchain. OCBC Bank is the longest established bank in Singapore formed in 1932 from the merger of three… Read More