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Singapore’s ‘trust’ advantage in Fintech

Yasmine Yahya writes on the flip side of technological advancement such as displacing both lower-skilled and highly skilled professionals. Maybank foreign exchange (FX) research head Saktiandi Supaat shared that banks’ traditional client base – small and medium-sized enterprises and bigger corporations – no longer need to go to a bank to get a quote for…

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MAS and ABS invite entries to the inaugural FinTech Awards

Singapore, 1 August 2016… The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced today that the submission of entries for the FinTech Awards will be open from now till 31 August 2016. The FinTech Awards, comprising the MAS FinTech Awards and ABS Global FinTech Award, will be part of…

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More investment in Payments in South east Asia

The FinTech industry in Southeast Asia has seen a rise in funding activity in the last three years, attracting the highest number of new companies and funding by value in 2015. Over $300M has been invested since 2007 with ~ $150M invested in 2015 alone. Around 80 rounds of funding happened in the year 2014…

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