Singapore

Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall, with its 18 Corinthian columns. In Singapore's circa-1820 Chinatown stands the red-and-gold Buddha Tooth Relic Temple, said to house one of Buddha's teeth.

(source: en.wikipedia.org)

Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
July 07, 2023  |  CBDC

DBS has launched a digital yuan (e-CNY) merchant collection solution and completed its first e-CNY transaction for a client. The Singapore-headquartered financial services group’s DBS China...

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From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
July 05, 2023  |  Real-Time Payments

Real-time payments have gained significant traction worldwide, revolutionizing how consumers and businesses conduct financial transactions. Many countries have successfully implemented real-time payment systems to enhance...

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An American Revolution — How US Crypto Policy Diverges From Rest of World
An American Revolution — How US Crypto Policy Diverges From Rest of World
July 04, 2023  |  Cryptocurrency

There will be no fireworks for the digital asset sector this July Fourth.  It’s looking like the course du jour being cooked on the grill...

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Singapore’s Traveler Shopping App utu Raises $33 Million and Acquires CardsPal
Singapore’s Traveler Shopping App utu Raises $33 Million and Acquires CardsPal
June 26, 2023  |  Investments

Singapore’s utu has raised $33 million and acquired the rewards platform CardsPal. The acquisition and funding, announced Monday (June 26), is designed to help consumers...

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Two Former Wirecard Executives Sentenced to Prison in Singapore
Two Former Wirecard Executives Sentenced to Prison in Singapore
June 20, 2023  |  Security & Fraud

Two former Wirecard executives have been sentenced to prison in Singapore. James Wardhana, who was the international finance process manager of Wirecard Asia, and Chai...

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Gemini Expands in Singapore as It Looks to Asia for Crypto’s ‘Next Wave’
Gemini Expands in Singapore as It Looks to Asia for Crypto’s ‘Next Wave’
June 20, 2023  |  Cryptocurrency

Gemini says the future of cryptocurrency lies in the Asia-Pacific (APAC) region. The crypto exchange announced Monday (June 19) it plans to increase its headcount...

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Grab Prepares for Layoffs Amid Slowing Growth
Grab Prepares for Layoffs Amid Slowing Growth
June 20, 2023  |  News

Singapore’s Grab is readying its largest round of job cuts in three years. The ride-hailing and food delivery platform announced Tuesday (June 20) that it...

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Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
May 24, 2023  |  Investments

Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South...

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Meta Teams With Vonage for Messaging-Based Payments in Singapore
Meta Teams With Vonage for Messaging-Based Payments in Singapore
May 18, 2023  |  Partnerships

Meta is continuing its expansion in Singapore via a partnership with Vonage. The collaboration lets WhatsApp users in the Asian country make payments using Meta’s WhatsApp...

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