Singapore
MAS announces successful trial settles interbank loans using wholesale Central Bank Digital currency
The Monetary Authority of Singapore (MAS) announced Thursday the successful completion of a live trial for settlement of interbank overnight lending transactions using wholesale Central Bank Digital Currency (CBDC) on the Singapore Dollar Test Network.
GFTN expands digital solutions ecosystem with five strategic partners to drive technology-enabled financial transformation
The Global Finance & Technology Network (GFTN) announced on Wednesday their partnership with five new platform partners to strengthen its suite of digital offerings and expand its capability to deliver technology-enabled transformation across global financial ecosystems.
Temasek backs US AI chipmaker d-Matrix’s $275M funding
D-Matrix, the United States-based artificial intelligence (AI) chipmaker, has closed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million.
The Librarian raises $2M in seed round led by Golden Gate Ventures
The Librarian, a Seattle-and-Singapore-based artificial intelligence (AI) assistant, has raised $2 million in seed funding led by Golden Gate Ventures.
Singapore’s Bioactivx raises $1.43M in seed round led by Cocoon Capital
Bioactivx (BAX), a Singapore-based biomaterials startup, has closed its $1.43 million seed funding round led by Cocoon Capital, with participation from global strategic investors.
GenAI Fund allocates over $6M to AI startups
The Singapore-based artificial intelligence (AI)-focused venture fund and corporate innovation platform GenAI Fund announced Thursday a $6 million allocation for six AI startups.
MAS issues guidelines for AI risk management
The Monetary Authority of Singapore (MAS) has on Thursday issued a consultation paper proposing a set of Guidelines on AI Risk Management to guide financial institutions on the responsible use of artificial intelligence (AI) in the financial sector.
Mastercard and Thunes team up to bring stablecoin payouts to the mainstream
Mastercard and Thunes, the Singapore-based fintech firm, have teamed up to accelerate global money movement for banks, payment service providers and end-users by expanding stablecoin wallet payout capabilities.
Coinbase Business marks first international expansion by launching in Singapore
Coinbase Business, the United States-based crypto operating platform, is launching in Singapore - its first international market.
TransBnk partners DigiAlly to accelerate digital transaction banking, SME credit enablement across ASEAN
TransBnk Solutions Private Limited, a transaction banking technology infrastructure provider, and DigiAlly, a Singapore-based fintech firm, announced Tuesday a strategic partnership to deliver seamless, compliant, and fully digital transaction banking and credit enablement journeys for corporates, banks, non-banking financial company (NBFCs), and fintechs…
