Singapore

QuantLeap and TransBnk India ink MOU to accelerate transaction banking innovation across SEA

TransBnk India, an India-based transaction banking infrastructure, and QuantLeap, a Singapore-based digital finance transformation company, have signed a strategic memorandum of understanding (MoU) to modernize and accelerate transaction banking innovation across Southeast Asia, Japan, and wider Asia-Pacific (JAPAC) markets.

Abdul Latif Jameel Finance partners Ant International to grow, strengthen MSMEs in the Kingdom with advanced digital services

Abdul Latif Jameel Finance, an innovative financing solutions and services provider in Saudi Arabia, and Ant International, a global digital payment, digitization and financial technology provider based in Singapore, have signed a memorandum of understanding (MoU) to jointly explore opportunities in the financial technology sector in the Kingdom of Saudi…

Singapore’s digital economy GMV to reach $29B in 2025 – report

Singapore’s digital economy gross merchandise value (GMV) is projected to reach $29 billion in 2025, up 7 percent from 2024, driven by strong momentum in key sectors, a report showed Tuesday.

NTU Singapore, Zero Gravity team up to launch $3.84M research center for decentralized AI technologies

NTU Singapore and Zero Gravity (0G), a decentralized artificial intelligence (AI) infrastructure company, have announced a S$5 million ($3.84 million) partnership to establish a joint research hub advancing blockchain-based AI technologies that will be more accessible and accountable.

Singapore and Indonesia deepen collaboration in FinTech and digital financial assets

The Monetary Authority of Singapore (MAS) and the Otoritas Jasa Keuangan (OJK) have renewed their commitment to deepening collaboration in FinTech and strengthening financial cooperation by signing a memorandum of understanding (MOU) on cooperation in financial technology.

Singapore’s National Quantum Office and Quantinuum forge strategic partnership to accelerate quantum computing

Singapore’s National Quantum Office (NQO), a national platform hosted by the Agency for Science, Technology and Research (A*STAR), and Quantinuum, a global quantum computing company, announced last Thursday a strategic partnership to accelerate quantum computing in Singapore.

Thunes powers WeChat Pay Hong Kong’s expansion in cross-border money transfers

Thunes, a Singapore-based fintech firm, has announced an alliance with WeChat Pay HK, the Hong Kong dollar denominated e-wallet, to power its expansion in cross-border money transfers.

More than half of Singapore consumers report feeling less tolerant when interacting with AI – Twilio

Despite the city-state’s status as a “Smart Nation", more than half of Singapore consumers (54 percent) report feeling less tolerant when interacting with artificial intelligence (AI) – the highest in Asia Pacific Japan (APJ) and well above the 42 percent regional average, a study showed Tuesday.

Maybank raises Grab’s FY25 estimated EBITDA, but trims its forward margins

Factoring in the firm third quarter results and with momentum likely to sustain in a seasonally strong fourth quarter, Maybank Investment Bank has raised FY25 Grab's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast by 3 percent.

Singapore’s AI video startup Video Rebirth raises $50M funding

Video Rebirth, a Singapore-headquartered artificial intelligence (AI) video startup, announced Wednesday the completion of a $50 million funding round.