Financial Services

Fintech GoBear shuts down

Fintech GoBear shuts down

It has been facing difficulties in raising more funding.

Mobile wallet YouTrip inks six-year partnership with Visa

Malaysia and the Philippines are next in its SEA expansion plans.

Payment performance of local businesses improves in Q4 2020

Construction sector registered the highest proportion of slow payments in Q4.

Singapore tightens regulation of virtual payment entities to combat risks

DPT activities carry higher inherent money laundering and terrorism financing risks, says Minister Ong.

Aviva Singapore to cover COVID-19 vaccine side effects

This is included for clients' Integrated Shield Plan, MyShield and group plans.

Online shopping boosts Singapore's cashless payments market

Seven in 10 consumers shopping online increased their use of digital payment methods.

How HSBC Singapore guides SMEs through unfamiliar digital territories

The pandemic has forced small firms to leave ‘traditional’ mindsets behind.

MAS extends $80b swap agreement with US Fed

Its USD Facility will also be extended to end-September 2021.

Razer Fintech, Rely launch 'buy now, pay later' service in SEA

The service will be made available to merchants under Razer Merchant Services.

SFF x SWITCH 2020 attracts 3.5 million views online

Over 60,000 participants from 160 countries participated in the five-day event.

Starhub, Pay2Home launch remittance service

It is available through Starhub's Prepaid app.

Mastercard, Pine Labs expand ‘pay later' installment solution

The expansion will be available to five Southeast Asian markets in 2021.

MAS expands steering committee's role in SIBOR shift

It will provide strategic direction and oversee the implementation.

MAS, Hungary's central bank sign agreement for fintech cooperation

It puts into place a referral system to help fintechs access both markets.

SIX and SBI Digital Asset to launch digital issuance platform

The companies said this is in response to rising cryptocurrency transactions.