November 11, 2024
November 11, 2024 Written by FinTech Alliance in Financial Technology A recent LawDeb survey shows that 29% of UK employees use AI in their work, and 10% of them rely on it for a significant part of their role. Men, particularly those aged 25-34 in London, are more likely to use AI, with 34% of
November 11, 2024
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month DBS Group, Singapore's largest bank, is considering acquisitions in Malaysia as part of its regional expansion strategy, according to sources. Reuters has learned that potential targets include a 29.1% stake in Alliance Bank Malaysia held by Singapore state investor Temasek,
November 10, 2024
Hong Kong is carving out a place for itself as a vibrant hub of innovation and technology, especially as fintech companies from mainland China move in to access booming markets like Hong Kong. ASEAN. This dynamic, fueled by government strategic initiatives, is reshaping not only the local economy but also broader regional trade dynamics. According
November 10, 2024
SINGAPORE, November 6, 2024 /PRNewswire/ - The Global Fintech Institute (GFI), with the support of the Monetary Authority of Singapore (MAS), proudly announces the launch of FLEXa global digital platform, and the Startup Investment Securities (SIC) frame. These initiatives are designed to bring transparency, trust and innovation to the global fintech ecosystem. FLEX is the
November 8, 2024
Fintech giant Revolut could be about to embark on an acquisition spree as its finance and strategy chief announces the expansion of its M&A team. However tense economic terms While recent years have caused most tech companies to tighten their purse strings, Revolut has always wanted to present itself as an outlier. TCanary Wharf farm
November 8, 2024
Artificial intelligence, particularly generative AI, is redefining the aggressive fintech landscape. The McKinsey Global Institute recently predicted that generative AI could add an additional $200 billion to $340 billion in annual value to the banking industry, representing a potential 9 to 15 percent increase in operating profits. As industry players up their game, Visa is
November 8, 2024
SINGAPORE - A mix of technical and soft skills will become more important, several speakers at the Singapore FinTech Festival said, as recruitment slows for jobs in the fintech sector. Financial institutions are taking a cautious approach to hiring, with 57 percent reporting a hiring freeze or planning a reduction in headcount in the tech
November 8, 2024
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November 7, 2024
Progcap, a fintech company specializing in supply chain finance and catering to micro, small and medium enterprises (MSMEs), has announced plans to digitize entire supply chains, by developing mobile applications user-friendly and other technology solutions to help small businesses manage their transactions. check credit limits and request disbursements on the go. “We are building a
November 7, 2024
SINGAPORE, November 7, 2024 /PRNewswire/ - At GFI's Network and Partner Appreciation Evening, the Global Fintech Institute (GFI) launched the Chartered Fintech Associate (CFtA) certification and signed a Memorandum of Understanding with Banking and Financial Services Union (BFSU), a trade union affiliated to the National Trade Union Congress (NTUC) and the Employment and Employability Institute
November 7, 2024
The past two decades have seen an explosion of innovation in Asia, helping the region become a global leader in areas such as robotics, electric vehicles and 5G networks. But there is one area that Asia dominates more than any other: fintech. Any first-time traveler to Asia will be struck by a combination of mobile
November 7, 2024
“This is our first cost reduction exercise since our inception. We have identified significant cost savings through AI that can improve profitability and efficiency, and which can be reinvested into business growth,” said Sharan Hegde, CEO of the 1% Club, in an article on LinkedIn. To help the licensed For employees, the company offered severance
