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dtcpay believes this will encourage more businesses to accept stablecoins, effectively bridging the gap between traditional finance and Web3.0 ” Featured image credit: Edited from Freepik The post dtcpay and BNB Chain Bolster Ecosystem for Real-World Stablecoin Use appeared first on Fintech Singapore. technologies.
This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web3.0 Featured image credit: Edited from Freepik The post Chainalysis Acquires AI Fraud Detection Firm Alterya appeared first on Fintech Singapore. security platform, as part of its broader strategy to address illicit financial activities.
Alchemy Pay, a provider of fiat-crypto payment solutions, is preparing to launch its Web3.0 This new initiative aims to provide global Web3.0 Inspired by Ripple’s cross-border payment model, the Web3.0 Alchemy Pay continues to build its extensive Web3.0 digital bank.
In 2024, Singapore continued to solidify its position as a global fintech leader. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web3.0, Generative AI (genAI) in particular is witnessing booming adoption.
Industry experts will feature prominently, including Independent Reserve, the first exchange licensed by the Monetary Authority of Singapore to facilitate secure digital asset trading; Libra Capital Ventures, which specialises in fintech and Web3.0
SCB 10X was established in January 2020 and focuses on investments in technologies such as Web3.0, artificial intelligence, machine learning, and fintech.
The company’s key initiatives for 2024 include advancing its ramp service to achieve 100% global payment coverage, enhancing its crypto card to support more fiat currencies and integrate with major digital payment platforms, and launching a Web3.0 The introduction of a Web3.0 companies, respectively.
Alchemy Pay, a global crypto payment service provider, has invested in UK-based fintech LaPay to expand its global Web 3.o Gibbs Lvy, Co-Founder of Alchemy Pay said, “reviously, we operated as a compliant Web3.0 o payment solutions. The financial details of the investment were not disclosed.
Sumsub, a global full-cycle verification platform, announced that it has officially become a member of the Singapore Fintech Association (SFA). Beyond the SFA membership, Sumsub also actively participates in three subcommittees namely regtech, Web3.0 The firm had set up its regional headquarters in Singapore in July this year.
The global fintech landscape is witnessing a staggering growth, fueled by booming consumer adoption, supportive regulatory efforts and technological advancements. As fintech continues to grow and evolve, a number of large-scale fintech gatherings are being scheduled for 2024. Register here.
Star Xu OKX CEO Star Xu said the new service is part of a broader effort to support the mainstream adoption of crypto and Web3.0 The post OKX Pay Launched to Simplify Crypto Payments and Self-Custody appeared first on Fintech Singapore. Availability of OKX Pay is currently restricted by jurisdiction.
This development follows HashKey Capital’s recent completion of fundraising for VC Fund III, which raised a total of US$500 million, to continue investing in promising Web3.0 and blockchain projects worldwide. landscape in Singapore.
is another technology that has run far ahead of tangible progress, mainly because no public blockchain can handle the staggering number of individual addresses that IPv6 permits and Web3.0 Again, Teranode-enhanced BSV’s unbounded capacity will open the floodgates and finally allow these long-stalled Web3.0
Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 At the same time, industry stakeholders showed interest in AI, with both investors and corporates looking for ways to leverage AI-generated content within fintech use cases, especially in marketing and customer engagement functions.
Hong Kong is set to host the ninth edition of Hong Kong Fintech Week (HKFW) from 28 October to 1 November 2024. Themed “Illuminating New Pathways in Fintech,” this year’s event aims to solidify Hong Kong’s position as a leading global financial and fintech hub.
Transak, which supports more than 40 cryptocurrencies, is integrated with over 350 Web3.0 The firm is a Web3.0 Sami Start “We believe this partnership is an inflection point for Web3.0 wallets and games such as MetaMask, Trust Wallet, and Coinbase Wallet. as a whole.
Richard Teng Richard Teng, CEO of Binance, said, “Binance is committed to fully supporting Tokocrypto in its mission to drive the growth of the Web3.0 Featured image credit: Edited from Freepik The post Indonesian Regulator Grants Binance-Backed Tokocrypto Trading License appeared first on Fintech Singapore.
In 2024, Singapore’s fintech landscape continued its dynamic expansion, reinforcing the country’s position as a leader in payment innovation, digital banking and digital asset management. 2024 Singapore Fintech Map In 2024, the Singapore Fintech Report identified 487 fintech companies serving the Singapore market.
In H1 2024, fintech startups in Asia raised a total of US$2.4 Despite current funding challenges, fintech experts and industry observers are still optimistic about the region’s long-term growth prospects, driven by factors such as a young population, a large consumer base, and supportive government initiatives.
Pakistan-based Allied Bank has partnered with R&D company Synapsify Systems and UAE-based Web3 fintech Fasset to augment digital banking with metaverse and Web3.0 initiatives.
Across the region, fintech has risen to prominence, becoming one of CCA’s investors preferred investment targets. Of that amount, about 40% was raised by fintech startups, making the segment the favorite of investors in the country. million in December 2023; Hexacore, a blockchain and Web3.0
Alchemy Pay’s mission to promote global adoption of digital assets by connecting fiat to the Web3.0 said Nabil Manji, the Head of Crypto and Web3.0 economy is aligned with Worldpay’s role in bridging the gap between traditional and digital finance. at Worldpay.
The partnership, announced in November, focuses on finding ways to better mobilize financing to make digital services more affordable and accessible for underserved individuals and communities, and MSMEs, with the support of financial institutions and fintech companies. and advancing talent.
This also aligns with our mission of providing a safe and secure way for the mainstream adoption of crypto, as well as the growing crypto and Web3.0 The post Independent Reserve Adds PayNow Option to Ease SGD Deposits appeared first on Fintech Singapore. community in Singapore.
Founded in 2019 in Singapore, dtcpay is a regulated payment service provider in the Web3.0 ” Featured image: Edited from Freepik The post Anson Zeall Promoted to Chief Strategy Officer at dtcpay appeared first on Fintech Singapore. payments industry.
The move highlights the company’s focus on Singapore as a key location for its operations in Asia’s expanding Web3.0 The exchange also participates in industry initiatives through its affiliations with the Association of Cryptocurrency Enterprises and Startups Singapore (ACCESS) and the Singapore Fintech Association (SFA).
Adeline Kim “By combining Visa’s global reach with dtcpay’s Web3.0 Featured image credit: Edited from Freepik The post dtcpay and Visa Partner to Enable Global Digital Currency Payments appeared first on Fintech Singapore. said Adeline Kim, Country Manager, Singapore, Visa.
Singapore is home to a robust and thriving fintech industry that’s often regarded as one of the leading hubs in Asia-Pacific (APAC). With 2023 coming to a close, we’ve curated a list of the top fintech gatherings taking place in Singapore in 2024.
The Monetary Authority of Singapore (MAS) has unveiled the finalists for the 2024 Global Fintech Hackcelerator. The winners of the competition will be announced on 7 November 2024 during the SFF Fintech Excellence Awards. Here Are the 18 Finalists for Global Fintech Hackcelerator 2024 1.
Singaporean fintech DCS Card Centre (DCS) announced that it has raised S$300 million through an upsized issuance of asset-backed notes as part of the company’s strategy to bolster its growth. Furthermore, DCS had introduced DCS Tokens, a payment token designed to bridge traditional and Web3.0 payment ecosystems.
He took to social media platform X to say that he would be taking a break and potentially venturing into passive investing in areas such as blockchain, Web3.0, The post Judge Accepts Guilty Plea from Binance’s Former CEO Changpeng Zhao appeared first on Fintech Singapore. DeFi, AI, and biotech.
Singaporean fintech DCS Card Centre has established the DCS Innov, a fresh division aimed at propelling digital innovation in the payments space. Ceridwen Choo , an executive known for her extensive experience in the fintech and global payment networks, has been named CEO of the new unit. said Karen Low, CEO of DCS Card Centre.
Looking ahead, Oobit plans to extend its payment solution to support external third-party wallets, facilitating a seamless connection between Web3.0 ” Featured image credit: Edited from Freepik The post Crypto Payment App Oobit Raises US$25M From Tether, Solana Co-founder appeared first on Fintech Singapore.
We are proud that leading Web3.0 Footprint With Zero Hash Partnership appeared first on Fintech Singapore. Mark Daly “As a leader in providing technical and regulatory crypto infrastructure, Zero Hash is delighted to have been selected by Alchemy Pay to power their crypto on-ramp in the US, leveraging ACH payments.
Or, perhaps you’re a payment processor serving large banks and want to attract fintech clients with appealing offers. Finally, you could be an ambitious fintech with an adaptable embedded finance solution, foreseeing the need for quick modifications or branching into new business areas. fostering intense competition.
All of the Biggest Topics in the Sector Are Featured in TRUSTECH’s Program of Conferences Tackling subjects like the European Digital Identity Wallet, Web3.0,
XSquare, a B2B payments fintech has inked a partnership with Reltime, award winning Web3.0 and Layer 1 Blockchain platform with wide ranging applications.
In 2022, BitGo expanded its services to include institutional-grade DeFi, NFT, and Web3.0. Established in 2013, BitGo introduced a multi-signature wallet and has expanded its offerings over the years, including the establishment of BitGo Trust Company in 2018 and BitGo New York Trust in 2021, focusing on digital asset custody.
The latest app enhancement comes as the fintech market grows rapidly in the Middle East and Africa (MEA). Estimates suggest the MEA fintech market will reach a valuation exceeding $47billion by 2029, expanding at a compound annual growth rate of 21.42 per cent from 2024 to 2029. and eKYC in improving security and customer experience.
dtcpay believes this will encourage more businesses to accept stablecoins, effectively bridging the gap between traditional finance and Web3.0 ” Featured image credit: Edited from Freepik The post dtcpay and BNB Chain Bolster Ecosystem for Real-World Stablecoin Use appeared first on Fintech Singapore. technologies.
Last year, Brex born as a scrappy startup with a corporate card for startups that transformed into a global fintech and enterprise SaaS firm in corporate spend made a bold move: it hit reset. Brex later clarified that it is retaining clients with any form of institutional backing, whether from accelerator programs, angel investors, Web3.0
It redefines Web3.0 By tapping into Telegram’s vast user base, Catizen aims to create a Web3.0 This innovative approach will attract and engage users through gamification and strategic Play-to-Airdrop initiatives, transforming how users access and engage with the Web3.0
. “We’re going to move from subjective, manual trust to automated, guaranteed trust as the foundation of our society,” Lubin told CNBC’s Dominic Chu at the CB Insights Future of Fintech conference. ” FUTURE OF FINTECH 2018. Lubin sees the Ethereum ecosystem as part of Web3.0,
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