Fintech Singapore Report 2024 - Fintech Singapore
The Singapore Fintech Report 2024 offers valuable insights for investors, policymakers, and industry players seeking to understand the opportunities and challenges within Singapore’s thriving fintech sector.
Singapore Fintech Festival 2024: Highlights, Top Speakers and …
Oct 17, 2024 · The Singapore Fintech Festival (SFF) 2024 is returning for its 9th edition from November 06 to 08, with the Insights Forum taking place beforehand on November 04 and 05. Building on its success in 2023, which attracted over 66,000 participants from 150 countries, SFF 2024 will feature a distinguished lineup of global central bankers, regulators, industry leaders, entrepreneurs, investors ...
GXS Bank Rolls Out Credit Card with Flat Fees Instead of …
Oct 8, 2024 · Digital bank GXS has launched the GXS FlexiCard, a credit card that charges flat fees on outstanding balances rather than traditional revolving interest.. This card is designed for consumers who may struggle to access credit products due to being new to credit or having limited credit history, such as new professionals, gig workers, and entrepreneurs, offering a …
List of Licensed Crypto Services Providers in Singapore
Jan 25, 2024 · Singapore’s Payment Services Act licensing framework for payment service providers, Source: Deloitte, 2019 . Since the PS Act came into effect on January 28, 2020, the Monetary Authority of Singapore (MAS) has received over 580 applications for payment services licenses and completed the review of more than half of them, MAS board member Alvin Tan said on April 4, 2022.
Harvard Business School Spotlights DBS Bank's AI Journey in New …
Sep 16, 2024 · Harvard Business School (HBS) has released a case study on DBS Bank’s use of Artificial Intelligence (AI).. This study, conducted over eight months, is said to be the first of its kind for an Asian bank and a Singaporean company at HBS.
Top Funded Fintechs in Singapore 2024 - Fintech Singapore
Jun 11, 2024 · Coda Payments – US$715 million. With a total of US$715 million venture capital (VC) funding raised, Coda Payments is the top funded fintech startup in Singapore. In its latest funding round in April 2022, Coda Payments raised US$690 million in a growth equity VC round, with participation from investors such as Singapore’s sovereign wealth fund GIC, VC firm Insight Partners, and New York ...
Top 10 Banking Trends in 2024 that Will Define the Sector
Jan 17, 2024 · In this rapidly changing environment, adaptability is crucial for success. Banks that can agilely respond to the top banking trends and discern the noise will probably emerge as leaders, defining the future of banking in an era increasingly …
5 Top Payment Trends Impacting Asia in 2024 - Fintech Singapore
Jan 31, 2024 · The Role of AI in Payment Services. The introduction of artificial intelligence (AI) in the payments sector has brought a plethora of benefits. AI-powered processes have streamlined labour-intensive tasks, minimised errors, and sped up transactions.
FIS: Lack of Branches, In-Person Service Keep Singaporeans Loyal …
Nov 14, 2024 · A recent survey by global payments service provider FIS has revealed that digital banks are making inroads in Singapore, with 43% of respondents indicating they are likely to try one in the next year.. This comes in addition to the 29% who have already embraced digital banking. The survey, which polled over 1,000 retail banking customers, highlights the growing appeal of digital banks across ...
Upcoming Shared Responsibility Framework Will Protect Minor's …
Nov 13, 2024 · Deputy Prime Minister and Chairman of the Monetary Authority of Singapore (MAS) Gan Kim Yong addressed the safety of digital banking services for minors under 16 in a written parliamentary reply.. Gan Kim Yong. He clarified that bank accounts for minors can only be opened by parents, either as joint accounts or accounts solely in the child’s name.