Opinion: Bringing democracy into the $28.6 trillion international payments business

international payments fintech asia prajit nanu instarem

In our last feature, we spoke to a international payments (cross-border remittance) company. The thought was that a world without borders does exist, but so does an inadvertent exchange of skill and manpower. In this opinion article, Prajit Nanu shares with Fintech Asia the ideas that help him drive the business. Speed, trust, low fees, convenience – a number of such things influence the needs of the consumer.

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Fintech Singapore: SingX

SingX Singapore Fintech Asia

In a time when the world is figuratively flat again – thanks to exchange of talent, skills and manpower globally – arises the common need to send money across borders. SingX, based in Singapore, is one such fintech attending to the need for cross-border remittance. With a team of banking and technology veterans, SingX has set its focus on easing money transfer for the consumer. Atul Garg of SingX tells Fintech Asia all about the company and industry they operate in…

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ASEAN Member States Affirm Importance of Closer Coordination of Cybersecurity Efforts in ASEAN

Ministers and Senior Officials from all 10 ASEAN Member States, including the ASEAN Secretary-General H.E. Le Luong Minh, convened today at the second ASEAN Ministerial Conference on Cybersecurity (AMCC), as part of the Singapore International Cyber Week 2017. The AMCC, held at the St. Regis Singapore hotel, was chaired by Singapore’s Minister for Communications and Information and Minister-in-charge of Cyber Security Dr Yaacob Ibrahim.

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Monetary Authority of Singapore & Securities Commission Malaysia Collaborate to Foster FinTech Innovation

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) signed a Cooperation Agreement (CA) to foster closer cooperation on FinTech and innovation in financial services between Singapore and Malaysia. MAS and SC share similar objectives of developing robust FinTech ecosystems that support the needs of the financial industry and promote innovation in their respective markets.

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9 South Korean fintech startups to watch

LATTICE80, the largest fintech hub in the world, hosted the Seoul Metropolitan Government this week. To bolster Singapore-Korea fintech ties, they signed a memorandum of understanding (MOU) with Seoul to collaborate across a range of fintech initiatives (including a physical hub in the South Korean capital and fund management).

We also had the distinct pleasure of watching nine talented fintech teams from Seoul pitch their businesses to an engaged audience here in Singapore. In case you’re interested, a list of the nine teams is shared inside…

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