Quoine joins about 10 firms specializing in cryptocurrency and payments services whose bank accounts have been shut in Singapore, where the financial regulator oversees only some activities related to the industry. Japanese authorities are taking a more ... ( read original story ...)
DBS Bank, OCBC, UOB to use NETS QR code for cashless payments
Seven banks in Singapore, including DBS Bank, OCBC and United Overseas Bank will be offering cashless payments in Singapore via NETS' QR code platform by mid-2018. The top three lenders will be joined by HSBC, Maybank, Citibank and Standard Chartered Bank ... ( read original story ...)
Banks in Singapore to use NETS QR code for cashless payments
SINGAPORE: By the middle of next year, seven banks in Singapore will offer consumers the option of paying using NETS QR code. In a joint press briefing on Monday (Nov 20), DBS Bank, OCBC and UOB said they have come onboard NETS' QR code platform. ( read original story ...)
Singapore ranks 13th in world talent competitiveness
Still, while Hong Kong fell three spots to 12th position in rankings compiled by Swiss business school IMD, it still edged out Singapore, which rose two notches to 13th place. Dr Arturo Bris, the director of the IMD World Competitiveness Center ... ( read original story ...)
Singapore Telecommunications Limited’s Latest Quarterly Results: Key Highlights From its Enterprise Business
For context, Singtel generated a total sales of S$4.3 billion for FY18’s second-quarter. The enterprise business contributed $1.7 billion to the quarter’s topline, up 5.5% year-on-year. The management said higher sales from info-communications ... ( read original story ...)
Singapore Wants To Add Biotech Hub To Its List Of Accomplishments
As of 2016, Singapore’s medtech industry was worth more than $ 3 billion USD, and the government aims to grow the sector considerably. The country already hosts a number of international medtech manufacturers and facilitates public-private partnerships ... ( read original story ...)
Singapore clears national QR code payment standard
The Singapore Payments Council (SPC) authorised a standard QR code specification for the country to simplify electronic and mobile payments. The SGQR system was devised by an industry group and uses international QR code protocols tweaked for the specific ... ( read original story ...)
Digital health ecosystem in Singapore
Singapore’s strategic geographical location coupled with its strong information technology infrastructure and favourable climate for innovation due to strong government support makes it an ideal destination for a digital healthcare hub in the Asia ... ( read original story ...)
New Report by Accenture, MAS and ABS Shows How Blockchain Technology Could Improve Central Bank Payment Systems
and The Association of Banks in Singapore (ABS) have published a report today that illustrates how blockchain technology could significantly improve the kinds of payment systems that currently enable banks around the world to transfer trillions of dollars ... ( read original story ...)
Singapore, Bitcoin-Friendly Philippines Aim for Blockchain Cross-Border Payments
Singapore is, in particular ... which could include using blockchain technology to facilitate ‘faster cross-border payments and streamlining “know-your-client” (KYC) processes, the announcement revealed. Establishing blockchain payment rails between ... ( read original story ...)
Singapore sponges up Silicon Valley wisdom to win the future
SINGAPORE -- In 2016, while attending the National University of Singapore, Lim Jing Rong and Davis Gay teamed up to co-found a financial-technology startup. The major motivation that led them to create their own business? Their one-year experience in ... ( read original story ...)
Singapore Establishes Smart Command Center Based on Facial Recognition
Singapore’s law enforcers have teamed up with Japanese technology giant NEC to form a concept Smart Command Center, in an attempt to fight crime more efficiently and effectively. Concept trials began this year, using NEC’s Neoface facial recognition ... ( read original story ...)
Singapore government researching facial recognition applications
... a new security screening solution developed by a team comprised of employees from the Republic of Singapore Navy and DSTA Defence Science and Technology Agency, according to a report by OpenGov Asia. Announced on the ministry’s Facebook page, the ... ( read original story ...)
Flywire Captures Global FinTech Award in Singapore
and the Association of Banks in Singapore (ABS) for innovative solutions developed and implemented by fintech start-ups, financial institutions, and technology companies. 300 candidates were evaluated by a panel of international experts from multiple ... ( read original story ...)
Live Streaming App BIGO LIVE Brings Awareness and Raises Funds for Cerebral Palsy Alliance Singapore
About BIGO CEO David Li, founded BIGO LIVE in March 2016 and headquartered in Singapore. BIGO LIVE is a mobile Internet company focused on live streaming technology and platform services, and is committed to build a leading global social video broadcast ... ( read original story ...)
Singapore Serves As Gateway And Hub For The APAC Medtech Market
As of 2016, Singapore’s medtech industry was worth more than $ 3 billion USD, and the government aims to grow the sector considerably. The country already hosts a number of international medtech manufacturers and facilitates public-private partnerships ... ( read original story ...)