OCBC launches facial recognition at ATMs, region’s first
The biometric tool will be first used for account balance enquiries – piloted by eight ATMs.
The biometric tool will be first used for account balance enquiries – piloted by eight ATMs.
FFG aims to develop solutions for the underbanked in Southeast Asia.
The MAS wants to ensure regulations are “risk-proportionate”.
Singapore-based Volopay and Malaysia-based Microleap have raised $2.1 million and $3.3 million, respectively.
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n the past decade, global private equity returned 13.2% on average.
Grab Financial Group saw its total revenues jump up by more than 40% in 2020.
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In Singapore, PayNow monthly transaction values have crossed the $3 billion mark.
The regulator has issued four licences, rather than five.
Singaporean fintech begins investment project in Indonesia.
Aqumon offers B2C and B2B solutions.
The start-up says it has doubled its valuation in just over a year.
Wirecard SG needs to return all customer funds within the next two weeks.
The UAE bank goes live on TCS Bancs after kicking off the project in 2019.
The up-to-$500-million target is to be spread over a number of rounds.
The fintech landed $17 million in May,
Nium evolved from a consumer remittance service to a B2B offering.
Atlantis believes market adoption in India will be particularly successful.
“With a digital bank, being more nimble, we want to build a global business”.
Singapore fintech plans product expansion with new funding.
Around half of the committed SGD 250m rolled over from the first FSTI scheme.
The firm is further cementing itself in the financial services industry.
The fintech last raised funding in July 2019.
AMTD is yet to land a licence to launch the bank.
The partnership is one of a line of joint projects between Infor and DBS.
The fintech plans to boost the deployment of its TWINNTM system.
The Nexia InnoLab will connect start-ups with local businesses.
SingPass enables users to connect to a wide range of platforms and government services.
The blockchain network is jointly developed with JP Morgan and investment firm Temasek.
New Singapore bank plans cloud boost.
OCBC will focus on industrial and geographical diversification to reach its “25-by-25” target.
About 2,100 of the jobs are full-time roles across the bank’s entities.
Remittance firm claims uptake in growth during COVID-19 pandemic.
The value of the round has not been disclosed.
The hub will be developed and staffed locally.
Up to 12 winners will be selected to receive in prize money.
The metrics will inform credit risk scoring and customer marketing.
The announcement is part of the bank’s strategic expansion into the Asia Pacific region.
The fintech first launched in 2015 as a metasearch engine.