Singapore

Science & Technology

Genesys Acquires AI SaaS Startup Radarr

One of the leading US software companies, Genesys, has agreed to acquire Radar Technologies, which facilitates business decision-making, based on AI-driven real-time online conversation insights.

Fintech & Ecommerce

India Is Among Top Fintech Cluster Hubs Globally

The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.

News

World ID Launches in Singapore

Worldcoin iris-scanning crypto project has expanded to Singapore, enabling people to pass their World ID verifications via the Orb custom hardware device.

Finance & Economics

Singapore November Core Inflation Demonstrates Subdued Demand

In Singapore, core inflation showed a dynamic of the decline in November.

Blockchain & Crypto

China and Singapore to Use E-Yuan for Tourist Spending in Cross-Border CBDC Pilot

China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.

News

Singapore to Suspend Non-Bank and Non-Card Channels for Remittance to China

The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.

Blockchain & Crypto

Singapore Tightens Crypto Regulation

The Monetary Authority of Singapore (MAS) introduces new investor protection measures for crypto service providers to discourage cryptocurrency speculation among retail customers.

Finance & Economics

Monetary Authority of Singapore Presents Initiatives for Digital Money

The Monetary Authority of Singapore (MAS) has unveiled several initiatives that have been developed to ensure the achievement of such a goal as the safe and responsible use of digital money in this country.

Fintech & Ecommerce

OCBC Bank Rolls Out Internal Generative AI Chatbot

A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.

News

Grab Launches Web3 Experiences Powered by Circle

South-East Asian super-app Grab has enhanced its services with a Web3 offering supported by the USDC issuer Circle

Fintech & Ecommerce

QR Code Payments to Grow 590% in Southeast Asia by 2028: Research

A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.

Fintech & Ecommerce

Singapore’s Grab Remains Optimistic on Growth Prospects

Grab, a Southeast Asian super app provider is optimistic about long-term growth opportunities.

News

Payoneer Singapore Receives MAS License

The new license will enable Payoneer Singapore to enrich the scope of its products and roll out several new services in the country

News

MAS to Eliminate Corporate Cheques in Singapore: Timeline Revealed

The Monetary Authority of Singapore (MAS) quotes the rising cost of cheque processing as the main reason for abolishing corporate cheques as a payment instrument altogether

Science & Technology

Foodpanda Partners TabSquare for AI-Powered Restaurant Solutions

Restaurant owners in Singapore, Taiwan, Malaysia, and the Philippines will be the first to enjoy the benefits of AI-enabled predictive analytics and QR code ordering

Fintech & Ecommerce

Singapore Becomes Command Center for ASEAN Fintech: Report

PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore