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FINTECH startup Airwallex announced that it has clinched a licence from the Monetary Authority of Singapore (MAS) and will be launching its services in the island republic next year.

SINGAPORE payment services group Nets will integrate Ant Group's cross-border payments solution Alipay+ into its merchant portal, enabling businesses here to accept payments from Asian e-wallets.

SINGAPOREANS can now access data on their investment holdings as part of their consolidated financial positions via participating banks' financial planning applications and free government service MyMoneySense.

SINGAPORE will set aside an additional S$180 million on top of the S$500 million committed for artificial intelligence (AI) research, said Deputy Prime Minister, Heng Swee Keat at the Singapore Fintech Festival x Singapore Week of Innovation and Technology 2021.

OF THE approximately 200 digital banks of all forms, both startups and within incumbent banks, I found only 4 that were profitable in 2019: Kakao Bank, WeBank, MYbank and Tinkoff Bank. My research showed that the first 3 had a huge benefit in the form of low cost...

CONSUMERS can look to benefit from banks competing for their dollars with new forms of rewards programmes and travel-related services as Singapore transitions to an endemic Covid-19 reality.

WEALTH management platform iFast Corporation has been one of the top performing stocks on the Singapore Exchange this year. Its shares have nearly trebled in value as investors anticipate better financials and growth prospects in overseas markets.

THE parallel universe afforded by metaverse - so popularised by Facebook's latest rebranding - is not so far-fetched a concept to DBS.

DBS is looking to open its members-only crypto exchange to the broader retail market over the next year, the bank's chief executive Piyush Gupta said at its third-quarter results briefing on Friday (Nov 5). This is still subject to regulatory approvals, the bank later told The Business Times....

ANALYSTS are flagging an uneven recovery for the Singapore banks in the short term, even as the trio posted better-than-expected results in the third quarter of 2021.