FROM BUSINESS TIMES

WHEN time is of the essence, share placements beat rights issues for companies in need of funds - especially when market volatility is up.

RIDING on its vision to build the “Asean e-wallet” of choice, Grab on Thursday announced a remittance offering that will allow both banked and unbanked users to remit money instantly and securely to receivers in another country using their GrabPay wallets.

THE central banks of Canada, Britain and Singapore on Thursday jointly released a report on cross-border payments and settlements, which provides a framework for assessing transactions in greater depth and discusses how alternative payment models can be implemented.

FORMER cabinet minister Mah Bow Tan has joined a group of seasoned market practitioners to invest in a fintech firm.

TWO agreements penned between financial agencies will pave the way for China and Singapore to collaborate on fintech innovations and cross-border supervision of futures exchanges and intermediaries.

IF, in time, beer drinkers get penalised on their credit scores, could a state-backed digital currency stand in between to solve this bias?

FIRMS can look to private exchanges for capital raising and as a way to prepare for an eventual listing, said panellists on Wednesday during the Global Investor Summit, which took place during the Singapore FinTech Festival.

NO emerging enterprise should be made "stillborn" from being cut off from credit, said Indian Prime Minister Narendra Modi, as he outlined ways in which India is boosting financial inclusion for both small businesses and consumers.

TWENTY-ONE days - that's how quickly the Monetary Authority of Singapore (MAS) aims to process and approve applications by startups to join its proposed Sandbox Express, MAS board member Ong Ye Kung announced on Wednesday.

THREE global banks on Wednesday launched their respective innovation labs in Singapore amid the Singapore FinTech Festival.

THE Singapore Exchange (SGX) on Wednesday announced that it had signed a strategic cooperation agreement with Bank of China (BOC) and China Foreign Exchange Trade System and National Interbank Funding Center (CFETS) to promote jointly the CFETS-BOC Traded Bond Index and its sub-indices outside of China to international investors.

BANK of China (BOC) has launched on Nov 14 its first global fintech innovation lab in Singapore to spearhead its worldwide research and development  (R&D) activities as well showcase its latest technologies.

BANK of China (BOC) has launched on Nov 14 its first global fintech innovation lab in Singapore to spearhead its worldwide research and development  (R&D) activities as well showcase its latest technologies.

THE Monetary Authority of Singapore (MAS) has released a consultation paper on creating pre-defined sandboxes called Sandbox Express, to complement the existing FinTech Regulatory Sandbox launched in 2016, the authority announced on Wednesday.

THE Singapore Exchange (SGX) on Wednesday announced that it has signed a strategic cooperation agreement with Bank of China Limited (BOC) and China Foreign Exchange Trade System and National Interbank Funding Center (CFETS) to jointly promote the CFETS-BOC Traded Bond Index and its sub-indices outside of China to international investors.

SINGAPORE ranks top in the Asia-Pacific region for its advanced open banking readiness, a survey released on Wednesday by global financial software provider Finastra has found.

Three global banks on Wednesday launched their respective innovation labs in Singapore on the week of the Singapore FinTech Festival.

DEUTSCHE Bank on Wednesday launched its first Asia-Pacific innovation lab in Singapore, and will develop ideas with startups for its wealth management business. The German bank declined to disclose an investment figure for its innovation lab.

FINTECH firms based in Singapore attracted 25 per cent more funding in the first 10 months of 2018 over the funding captured in the full year of 2017, with the US$222 million of funding taken up so far making up nearly half of the funding earmarked for fintech within Asean.

DBS Group Holdings has made several senior appointments that will take effect over the course of the next few months including naming Tan Su Shan as the next institutional banking head.