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Singapore
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98Today In DataThe Power — And Perils — Of Expanding Access
The era of expanding access through the magic of digital connection has made things that were previously unimaginable almost commonplace today. It’s...
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1.2KB2B PaymentsSingapore Weary Of Forcing Open Banking On FinServ Market
Singapore is ready for open banking, but regulators don’t want to force it on the financial services market, according to reports in...
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3.6KToday In DataToday In Data: Self-Employment, Finance Jobs And PayPal’s Woes
Today in PYMNTS data, self-employment is on the rise, finance jobs could shift out of the U.K. in the Brexit aftermath, Flywire...
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3.2KCross Border CommerceFlywire: Why Going Global Requires A Local Focus
“People always say, ‘Think global, be local,’ but very few understand how big a challenge that is,” Flywire’s Head of Operations for...
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2.1KBitcoinBitcoin Daily: South Korea’s Crypto Flip Flop, Singapore Frets Over Future Crash
Following raids on crypto exchanges, the South Korean government said Monday (Jan. 15) that it will make a decision on a cryptocurrency...
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2.6KPersonnelGrabPay Names Visa Executive As Managing Director
Southeast Asian ridesharing company Grab has hired Ooi Huey Tyng to serve as managing director of its payments platform, GrabPay. According to...
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2.5KBitcoinBitcoin Regulatory Roundup: SEC Swoops In On The Crypto Company After Surge
Amid rising interest and investment in digital currencies like bitcoin, some countries are issuing new warnings about the volatility involved in cryptocurrency...
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3.6KBlockchainXinFin Moves To Standardize Enterprise Blockchains
Blockchain technology firm XinFin announced Sunday (Dec. 3) that it is integrating a new technology into its Hybrid blockchain, which aims to...
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5.9KB2B PaymentsAxis Bank Launches Global, Real-Time Payment Service With Ripple
India’s Axis Bank has launched its instant, cross-border payments solution less than a year after announcing a collaboration with blockchain technology firm...
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6.1KSouth East AsiaSoutheast Asia’s Real-Time Payments Push
Singapore is separated from Malaysia by a 1,056-meter (or 0.65-mile) Johor-Singapore Causeway, yet crossing the narrow strip of water separating the city-state of Singapore...
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3.8KB2B PaymentsSingapore’s Big Week In Blockchain Progress
The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed...
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4.7KB2B PaymentsB2B Not A Vital Part Of Real-Time Payments Innovation, Yet
Faster payments schemes across the globe are placing new definitions on what it means to be fast, especially as more initiatives heard...
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3.8KBankingOCBC Lets Users Bank Via Facial Recognition
Singapore’s OCBC Bank announced news on Monday (Nov. 6) that it has rolled out a facial recognition enhancement to its consumer and...
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6.0KVISAVisa Greenlights Singapore Prepaid Cryptocurrency Card
Singapore residents will soon be able to make purchases with a prepaid Visa card backed by the cryptocurrency platform Monaco. “Our team...
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4.1KB2B PaymentsBlockchain To Link Hong Kong, Singapore Trade
Hong Kong and Singapore have reached an agreement to link their perspective trade finance platforms using blockchain technology, according to news from Reuters on...
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3.2KPayment MethodsOCBC Launches Android Keyboard For P2P Payments
Singapore-based OCBC Bank has reportedly rolled out an Android-based keyboard enabling users to make peer-to-peer (P2P) payments. According to a report in...
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5.3KWearablesIgniting Smartwatches One Student At A Time
Despite Tim Cook’s most enthusiastic comments that the Apple Watch is doing “great,” the figures on the ground in the U.S. indicate...
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2.5KRidesharingUber Rented Drivers Cars It Knew Were Unsafe
Uber Technologies may have a new fraud problem on its hands after The Wall Street Journal reported news that Uber managers in Singapore...
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4.7KVISAVisa Announces Plan To Open Two New Data Hubs
“Our mission is to be the best way to pay for everyone anywhere,” Visa’s Executive Vice President of Technology Rajat Taneja, told...
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Amazon
Report Claims Amazon Is ‘Set’ To Launch Services In Singapore
Amazon continues to expand internationally, with Tech Crunch reporting the company is getting set to launch its services in Singapore — officially...
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2.0KMobile CommerceToday in Data: Uber in Danger Zone?
2017 has not been the best of the best for ride-hailing company Uber. From its CEO stepping down to employees filing and...
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2.4KRidesharingGrab Poised To Raise $2B In Funding
Grab Taxi Holdings, the Singapore ride-hailing company and Uber Technologies’ largest rival in Southeast Asia, is in the processing of raising $2...
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7.2KMastercardBicycle, Bicycle — Why People Want To Ride Mobike’s Bicycle
Bike-sharing has become big business worldwide in a relatively short span of time. Virtually unheard of even a few years ago, these...
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2.6KSecurity & FraudPoorer Nations Are Teaching Their Richer Counterparts About Cybersecurity
A new United Nations (U.N.) survey on cybersecurity found Singapore is taking a close to perfect approach at the same time that...
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3.1KB2B Payments
Visa, Validus Use Visa Virtual Card For Singapore SMEs To Pay Invoices
Alternative lending platform Validus is deploying Visa virtual card technology to help small and medium-sized enterprises in Singapore with unpaid invoices access...
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3.3KB2B PaymentsRevolut Steps Up Corporate Payments Offering
Revolut may have made its entrance on the payments stage with a consumer solution, but the company is stepping into the world...
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2.8KPayment MethodsUnionPay Launches QuickPass QR Code System In Hong Kong, Singapore
UnionPay, the mobile payments company, has made its QuickPass QR code payment system available in Hong Kong and Singapore. According to a...
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2.3KPayment MethodsSingaporeans Ditch Cash For Digital Payments
The number of consumers in Singapore who prefer electronic payments over cash increased 11 percent in 2016 to 87 percent. That’s according to...
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4.0KInternationalAlibaba Tracker: Going Global
It’s been awhile since our last edition of Alibaba tracker, and a great deal has happened since then. There’s a lot to get...
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3.1KInnovationRakuten Invests In Singapore Home Share For Business Travelers
There’s little doubt that the home share sector is beginning to boom globally among business travelers, with millennials adopting the practice at...
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3.6KB2B PaymentsWEX V-Cards Expand Into Singapore
WEX’s virtual payment technologies are expanding across Asia. The company announced Sunday (April 2) that it will now be able to issue...
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5.1KB2B PaymentsJapan’s Top Bank Testing Digital Checks On Blockchain
Blockchain has significant potential to disrupt B2B payments in the name of digitization and security. And with paper checks as some of...
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7.0KB2B PaymentsSingapore Eases Regulations Over Venture Capitalists
Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. According to Bloomberg,...
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5.2KWearablesEZ-Link And Singaporean Transit To Embed Payments In Wearable Fitness Devices
EZ-Link, the payment card issuer, and Singaporean transit have teamed up to embed payment functionality into fitness and health trackers from the likes...
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4.2KMobile CommerceSingapore, Thailand Love Instagram, eCommerce
Southeast Asia, including Singapore, Thailand and Indonesia, with its population of over 620 million, is predicted to be the next site of...
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Blockchain
Blockchain Tracker: Following The Money Through OCBC Bank And Beyond
If we’re to “follow the money,” then we best see that connection to blockchain. Each week, a new bank seems to launch...
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3.0KSecurity & FraudAnt Financial, Singapore FinTech Partner To Secure Mobile Payments
Singapore-based V-Key, a FinTech startup that specializes in mobile security, announced its partnership with Ant Financial. Through the partnership, Ant Financial will...
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5.4KB2B PaymentsB2B FinTech Startup MC Payment Grabs Funding
Singapore-based B2B FinTech firm MC Payment announced a new funding round, as well as global expansion, late last week. Reports Friday (Nov....
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Retail
Unattended Retail: Future Of Fast Food Shown At Singapore Airport Food Court
Singapore is amping up their productivity, specifically in the food scene. Using automation and unattended retail in certain food courts, the Country...
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4.0KInternationalSingapore Eyes London’s FinTech Top Spot
Major cities in Europe may not be the only ones after London’s FinTech crown. A new reported from the Association of Chartered...
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3.0KB2B PaymentsAmex Warns Singapore SMEs Not To Be So Shortsighted
Singapore is home to SMEs with sophisticated cash management strategies. New research from East & Partners placed this market at the top...
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International
Stripe Strides Into Singapore
Payment startup Stripe is heading to Singapore with the mission to help other local startups kickstart online businesses. It’s the next step...
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6.4KB2B PaymentsAsia Closes In On UK In Forex Market Dominance
For weeks now, analysts have warned that the U.K.’s dominance in FX trading is waning. Now, for the first time in more...
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5.7KInternationalSingapore Reforms Laws For FinTech Push
Singapore is preparing for a FinTech revolution. The small nation is making a big push in support of FinTech innovation by reforming...
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2.9KInternationalSoutheast Asia FinTech Startup Nabs $7.5 Million
The Singapore startup Funding Societies raised $7.5 million in Series A financing, TechCrunch reported on Monday (Aug 8). The round was led...
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6.7KInternationalHow Singapore Is Fueling A ‘Smart Nation’
Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities....
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3.7KMobile PaymentsCiti Supports Samsung Pay’s Singapore Launch
Samsung Electronics Singapore announced on Monday (May 30) that it has entered into a partnership with Citibank Singapore Limited in preparation for...
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4.6KInternationalXfers Banks $2.5M To Streamline Online Seller Bank Transfers
Xfers, the Singapore-based startup that focuses on bank transfers, said on Wednesday (Jan. 6) that it garnered $2.5 million in a seed...
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5.6KSocial CommerceSocial Commerce Startup Carousell Secures $50M For Expansion
Mobile marketplace Carousell is aiming to expand its social commerce service across Asia by attaining a $50 million Series B funding round....
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2.0KInternationalHow Alibaba Gave SingPost A Global Logistics Boost
Alibaba-backed logistics and eCommerce solutions provider Singapore Post Ltd. (SingPost) is expanding its warehouses and freight services in the U.S. with a...
