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LGT in regtech revamp with Wolters Kluwer

LGT in regtech revamp

Liechtenstein’s private bank and asset manager LGT is working on a regtech project with Wolters Kluwer. LGT is implementing the vendor’s OneSumX platform for the regulatory reporting and risk management of its Asian operations – in Singapore and Hong Kong.

CFTE brings fintech education initiative to Asia with MAS

Singapore

UK-based Centre for Finance, Technology and Entrepreneurship (CFTE) is looking to expand to Asia and plans to set up its first international hub in Singapore. The newly launched organisation says it “has been working closely with the Monetary Authority of Singapore (MAS) to formalise plans to expand CFTE’s education initiative to ASEAN”.

Mastercard makes digital payments push in Asia-Pacific transit

Mastercard

Mastercard is making headway in advancing digital payments for transit passengers in Australia and bike-sharing consumers in Singapore.

Top fintech stories this week – 30 June 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Siam Commercial Bank invests in new fintech focused VC firm

Bangkok, home of Siam Commercial Bank

Thailand’s Siam Commercial Bank (SCB) has invested a “significant” sum into a new Singapore-based venture capital (VC) firm, Dymon Asia Ventures.

Top ten fintech features in 2016

digital

Look back at some of the top-read feature articles on all matters fintech published by Banking Technology in 2016.

Move over, London and Berlin, Singapore’s fintech ecosystem is surging ahead

Singapore makes fintech flourish

In her new column for Banking Technology, Devie Mohan, a fintech market strategist, looks at how Singapore has created a fintech ecosystem that is a major threat to the ones in London and Berlin.

Byte Academy partners with Standard Chartered and tech heavyweights for fintech campus in Singapore

Singapore-listed stocks can now be traded in London

Byte Academy has unveiled its first international campus with programmes in fintech, data science and Python full-stack development. The new campus is based in Singapore, supported by Standard Chartered Bank, IBM, Thomson Reuters, Microsoft and the Insead business school.

Hitachi and BTMU cheque mates for blockchain digitalisation

Bank of Tokyo-Mitsubishi UFJ

Hitachi and the Bank of Tokyo-Mitsubishi UFJ (BTMU) have started proof of concept (PoC) testing for using blockchain in the digitalisation of cheques in Singapore. In this PoC testing, Hitachi and BTMU developed a system in which a blockchain infrastructure is used for issuing, transferring and collecting electronic cheques. BTMU issues and settles them, while […]

Singapore start-ups soar with OCBC support

Singapore-listed stocks can now be traded in London

OCBC Bank’s fintech accelerator programme, the Open Vault, will pilot tests with three start-ups – Fincast, BondIT and CogniCor. The tests involve wealth management and artificial intelligence (AI) solutions and will begin in the fourth quarter of this year, and will last for three months. Samuel Tsien, OCBC Bank’s group CEO, says: “Deploying these solutions […]

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