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Tag: singapore

MAS to Issue up to Five Digital Bank Licences

July 12, 2019

Singapore, 28 June 2019 - The Monetary Authority of Singapore (MAS) announced that it will issue up to five new digital bank licences. This is in addition to any digital banks that the Singapore banking groups may also...

Moneythor joins Mastercard’s scale-up programme

July 10, 2019

Singapore, 9 July 2019 – Digital banking software provider Moneythor has been selected as one of 10 later-stage FinTech startups to be accepted onto the renowned Mastercard Start Path program, part of Mastercard Labs....

Singapore to end taxation on Crypto transactions

July 9, 2019

The Inland Revenue Authority of Singapore, the country's taxation agency, has recently issued an e-Tax guide on "Digital Payment Tokens" on the 5th of July 2019 that is a proposal to bring an end to the 'double taxation...

BIS to set up Innovation Hub for Central Banks

July 5, 2019

The Board of the Bank for International Settlements (BIS) approved the establishment of a BIS Innovation Hub on 30 June 2019 to foster international collaboration on innovative financial technology within the central ba...

The Tidal Wave of Change in Consumption

May 10, 2019

The Tidal Wave of Change We are experiencing an unprecedented global shift in demographics. Our society is aging; we are living longer, healthier, and more productive lives. Life expectancy has improved significantly, an...

Standard Chartered’s VC arm creates Fintech Bridge

March 19, 2019

SC Ventures announced their opening of SC Ventures Fintech Bridge to facilitate connectivity between startups and the business acumen stored in Standard Chartered's investors and internal departments. According...

The Fintech Guide to Singapore

May 3, 2018

Singapore is a big thing at the mention, not to mention a hot startup hub. Ever wondered why? Singapore, as a colony, was founded in 1819 as a trading post of the British East India Company. By 1965 it gained independenc...

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