FinTech

Payment Services Act: The case for reviewing e-wallet caps

NOT all Singaporeans will notice when the Payment Services Act takes effect on Jan 28. That masks the momentous nature of the new law, for it will have a large, long-term impact, in an area they...

AMTD, Xiaomi to create fintech leadership programme with SMU and NUS

HONG Kong investment bank AMTD Group and the financial services arm of Chinese tech giant Xiaomi have joined hands with Singapore Management University (SMU) and the National University of...

Wirecard to beef up management amid fraud allegations; CEO to stay

BERLIN (REUTERS) - The new chairman of Wirecard said the German payments company needed to strengthen its top management as it fights allegations of fraud and false accounting, while giving chief...

Republic Poly launches fintech diploma to groom local talent

IN A bid to groom local fintech talent for the country's finance and banking sector, one polytechnic here is launching a new fintech diploma in the upcoming academic year starting in April.

Singapore's digibank aspirants may find the going tough

The rush for a digital banking presence here has so far attracted 21 bids for five licences on offer, but those who get the licences may find the going rather tough.

Protect Singaporeans against pitfalls of digital banking

When so much commercial interest is generated for Singapore's digital bank licences, it simply means there is vast potential for profit involved - with commensurate risk for the end consumer (...

Wirecard chairman quits as accounting controversy lingers

SAN FRANCISCO • Wirecard chairman Wulf Matthias has resigned after months of controversy over the digital payments company's accounting practices involving its Singapore operations.

Making the most of data

IN the past, the use of data was often viewed as a "nice-to-have" rather than a "must-have" in corporate decision-making.

UOB's private equity arm co-leads $42m investment in Thai fintech

SINGAPORE (THE BUSINESS TIMES) - UOB Venture Management, the private equity unit of UOB, has co-led a US$31.2 million (S$42.2 million) Series A funding round for Bangkok-based fintech start-up...

Say goodbye to banking as we know it

[HONG KONG] So is China readying its own Bitcoin? Banish the thought.

Big Tech is coming for banking: experts predict fintech's 2020

[NEW YORK] Financial technology startups will enter the next decade with a little more street cred than the last time around.