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AMTD Digital is looking to acquire a controlling stake in Singapore-based one-stop Quick Response (QR) code payment aggregator and payment gateway provider FOMO Pay, the two companies announced in a joint statement on Monday.

SINGAPORE-headquartered payday lender Robocash Group is seeking US$5 million to be used as regulatory capital for a thrift banking licence in the Philippines, ahead of plans to go public in Australia.

SINGAPORE's white-collar crime-buster and the Monetary Authority of Singapore (MAS) have launched a joint investigation into the Senjo Group of companies as well as Citadelle Corporate Services, following a review of developments relating to insolvent German payment processing company Wirecard.

SINGAPORE's white-collar crime-buster and the Monetary Authority of Singapore (MAS) have launched a joint investigation into Citadelle Corporate Services and Senjo Group, following a review of developments relating to insolvent German fintech company Wirecard.

GLOBAL corporate defaults have seen a "dramatic increase" as the economic crisis from the coronavirus pandemic dealt a body blow to companies around the world, Fitch Ratings said.

DBS and Schroder Investment Management Singapore (Schroders Singapore) on Friday announced the launch of a multi-asset fund for retirement income planning, named Schroder Asia More+.

ARA Venn has raised 200 million euros (S$313.8 million) from institutional investors for the first close of its latest whole-loan European real estate debt fund.

SINGAPORE merchants that use Wirecard to process payments are quickly switching to the beleaguered fintech's competitors, spooked by the downfall of the Wirecard parent that has collapsed into insolvency.

THE fraud probes into scandal-hit Wirecard are more likely to put question marks on the strength of the traditional field of auditing, than outrightly tarring the reputation of fintechs, said observers.

FINTECH Revolut has amped up efforts in boosting compliance standards, which it sees as necessary for regional expansion.