Monetary Authority of Singapore

BondEvalue and FinIQ sign MOU to offer fractional bonds

Monday, October 25, 2021 - 2:30am

SINGAPORE, Oct. 25, 2021 /PRNewswire/ -- Fractional bonds will now be available on the FinIQ platform.

Key Points: 
  • SINGAPORE, Oct. 25, 2021 /PRNewswire/ -- Fractional bonds will now be available on the FinIQ platform.
  • Banks can also offer direct access to their wealth clients for fixed income trades as they have been so for structured notes on the FinIQ platform.
  • Shodhan Shah, director of FinIQ, commented "Our partnership with BondEvalue further bolsters our core offering of providing a front-to-back platform for wealth managers which digitizes, sales and distribution processes.
  • This takes us closer to our goal of allowing every equity investor to also buy bonds," said Rajesh Johar, Co-founder of BondEvalue.

ComplianceAsia hosts half-day Asia regulatory update seminar in London

Wednesday, October 13, 2021 - 8:00am

LONDON, Oct. 13, 2021 /PRNewswire/ --International financial firmsshould brace for major changes in the Asian financial industry, according to a seminarhosted by ComplianceAsia ,thelongest establishedcompliance consultingfirmintheAsia Pacificregion.

Key Points: 
  • LONDON, Oct. 13, 2021 /PRNewswire/ --International financial firmsshould brace for major changes in the Asian financial industry, according to a seminarhosted by ComplianceAsia ,thelongest establishedcompliance consultingfirmintheAsia Pacificregion.
  • During the seminar, Philippa Allen, CEO and Founder,ComplianceAsia,AlexDuperouzel, Managing Director, ComplianceAsiaand Jasper Yip, Partner in the financial services practice of Oliver Wyman Hong Kong providedthe latest regulatory changes around Asia Pacific and recent enforcement actionsin Asia Pacific.Keynote speakers included Mr Minoru Nakamura, Minister for Financial Affairs, Embassy of Japan in the UK.
  • Our seminar today in London is designed to provide practical guidance and updates to compliance officers with responsibility for offices in Asia Pacific."
  • AlexDuperouzel added: "Financial services become more complex each year from a regulatory perspective and the Asian region is part of that trend.

ComplianceAsia hosts half-day Asia regulatory update seminar in London

Wednesday, October 13, 2021 - 8:00am

LONDON, Oct. 13, 2021 /PRNewswire/ --International financial firmsshould brace for major changes in the Asian financial industry, according to a seminarhosted by ComplianceAsia ,thelongest establishedcompliance consultingfirmintheAsia Pacificregion.

Key Points: 
  • LONDON, Oct. 13, 2021 /PRNewswire/ --International financial firmsshould brace for major changes in the Asian financial industry, according to a seminarhosted by ComplianceAsia ,thelongest establishedcompliance consultingfirmintheAsia Pacificregion.
  • During the seminar, Philippa Allen, CEO and Founder,ComplianceAsia,AlexDuperouzel, Managing Director, ComplianceAsiaand Jasper Yip, Partner in the financial services practice of Oliver Wyman Hong Kong providedthe latest regulatory changes around Asia Pacific and recent enforcement actionsin Asia Pacific.Keynote speakers included Mr Minoru Nakamura, Minister for Financial Affairs, Embassy of Japan in the UK.
  • Our seminar today in London is designed to provide practical guidance and updates to compliance officers with responsibility for offices in Asia Pacific."
  • AlexDuperouzel added: "Financial services become more complex each year from a regulatory perspective and the Asian region is part of that trend.

Singapore-Based POS Startup Turns to Napier for AML Controls

Wednesday, October 13, 2021 - 2:00am

RegTech company, Napier , provider of advanced anti-financial crime compliance solutions, has announced that integrated point-of-sale (POS) and payment solutions startup, Qashier , is the latest to adopt its anti-money laundering (AML) technology.

Key Points: 
  • RegTech company, Napier , provider of advanced anti-financial crime compliance solutions, has announced that integrated point-of-sale (POS) and payment solutions startup, Qashier , is the latest to adopt its anti-money laundering (AML) technology.
  • Named as Best AML/CTF Solution in the Regulation Asia Awards for Excellence last year, Napier works with financial organisations around the globe to provide an AI-enhanced intelligent compliance platform.
  • Robin Lee, Head of APAC at Napier, said: As we head further towards a cashless society, were mindful that this also opens up new opportunities for criminals.
  • Through our AI-enhanced technology, organisations can make validated decisions with speed and accuracy, rapidly strengthening their AML defences and compliance capabilities.

Women's World Banking Announces Fintech Innovation Challenge Winners

Tuesday, October 12, 2021 - 5:30pm

NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.

Key Points: 
  • NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.
  • Both companies clearly demonstrate the game-changing potential of fintechs to advance women's economic empowerment on a broader scale," said Mary Ellen Iskenderian, President and CEO of Women's World Banking.
  • "The Fintech Innovation Challenge has established itself globally as a key platform for attracting equity-minded innovators and encouraging bold solutions to financial exclusion for women.
  • The winners of the Female Founder Award will receive a 1:1 marketing and PR strategy consult with Anthemis , a leading fintech investment platform.

Women's World Banking Announces Fintech Innovation Challenge Winners

Tuesday, October 12, 2021 - 5:30pm

NEW YORK, Oct. 12, 2021 /PRNewswire/ -- Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series. Each year, the Challenge provides a global stage for fintechs to present innovative solutions and business models that help build economic security and prosperity for unbanked, underserved women. This year's competition culminated in a live virtual event to honor both recipients and get a deeper look into their fintech solutions, as well as hear from guest speakers to discuss the role of financial technology in the future of women's economic empowerment.

Key Points: 
  • NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.
  • Both companies clearly demonstrate the game-changing potential of fintechs to advance women's economic empowerment on a broader scale," said Mary Ellen Iskenderian, President and CEO of Women's World Banking.
  • "The Fintech Innovation Challenge has established itself globally as a key platform for attracting equity-minded innovators and encouraging bold solutions to financial exclusion for women.
  • The winners of the Female Founder Award will receive a 1:1 marketing and PR strategy consult with Anthemis , a leading fintech investment platform.

NICE Actimize Named Category Winner for Suitability in 2021 WealthTechAsia Awards

Tuesday, October 12, 2021 - 11:30am

NICE Actimize, a NICE (NASDAQ: NICE) business, was named the winner in the Suitability category by WealthTechAsia Awards 2021.

Key Points: 
  • NICE Actimize, a NICE (NASDAQ: NICE) business, was named the winner in the Suitability category by WealthTechAsia Awards 2021.
  • According to WealthTechAsia, In a comprehensive and well-argued submission, NICE Actimize showed how it prioritized its investment in the Wealth Management and Suitability area, applying cloud, artificial intelligence and advanced analytics to solving critical needs.
  • As wealth management firms adapt to new customer demands, NICE Actimizes advancements in sales practices & suitability make this transition easier, said Chris Wooten, EVP, NICE.
  • Recently, NICE Actimize launched SURVEIL-X Suitability for Wealth and Insurance , a comprehensive AI-powered surveillance and suitability solution that builds on the capabilities of NICE Actimizes industry-leading SURVEIL-X Holistic Conduct Surveillance suite.

The CanCoin ($CANNA) launched by Technicorum Holdings, now listed on KingSwap and PancakeSwap DEXes

Tuesday, October 12, 2021 - 11:00am

The CanCoin project has confirmed the listing of the $CANNA tokens on PancakeSwap and KingSwap decentralized exchanges as of October 12th 2021.

Key Points: 
  • The CanCoin project has confirmed the listing of the $CANNA tokens on PancakeSwap and KingSwap decentralized exchanges as of October 12th 2021.
  • Users can now swap the $CANNA token, a native on the Binance Smart Chain with BEP-20 and BEP-1155 token standards on the listed decentralized exchanges.
  • The CanCoin has issued an initial total token supply of 420,000,000,000 of which 210,000,000 tokens are in circulation.
  • The CanCoin is a legal cannabis token designed to address friction and monetization issues in the growing legal European cannabis market.

Technicorum Announces Royal Lion Technologies Strategic Partnership with AA Technology Innovation

Tuesday, October 12, 2021 - 11:00am

SINGAPORE, Oct. 12, 2021 (GLOBE NEWSWIRE) -- ( via Blockchain Wire ) Technicorum Holdings, an IT and service group specializing in Digital Assets and successful incubator of innovative DeFi and NFT project: KingSwap , today announced Royal Lion Technologies Pte Ltd, a subsidiary under Technicorum Holdings group of companies, has become a joint venture strategic business partnership struck with Singapore A&A Blockchain Technology Innovation Pte Ltd.

Key Points: 
  • SINGAPORE, Oct. 12, 2021 (GLOBE NEWSWIRE) -- ( via Blockchain Wire ) Technicorum Holdings, an IT and service group specializing in Digital Assets and successful incubator of innovative DeFi and NFT project: KingSwap , today announced Royal Lion Technologies Pte Ltd, a subsidiary under Technicorum Holdings group of companies, has become a joint venture strategic business partnership struck with Singapore A&A Blockchain Technology Innovation Pte Ltd.
  • The strategic partnership complements the groups strengths and technical advantages to solve existing problems within the blockchain infrastructure.
  • The partnership aims to build a robust blockchain ecosystem and aim to strengthen and reshape the Singapore financial market through blockchain technology and digital assets standards.
  • The strategic partnership aligns the unique strengths of Technicorum and A&A Blockchain Technologies under Royal Lion Technologies.

StraitsX surpasses SGD 2 billion mark in digital assets-related transactions in 2021 and unveils new platform

Monday, October 11, 2021 - 4:00am

SINGAPORE, Oct 11, 2021 - (ACN Newswire) - StraitsX, Southeast Asia's pioneering digital assets platform developed by Xfers, a Singapore-based FinTech licensed by the Monetary Authority of Singapore (MAS) for e-money issuance, today announced that it has surpassed the SGD 2 billion mark in digital assets-related transactions on its payment platform in 2021 alone.

Key Points: 
  • SINGAPORE, Oct 11, 2021 - (ACN Newswire) - StraitsX, Southeast Asia's pioneering digital assets platform developed by Xfers, a Singapore-based FinTech licensed by the Monetary Authority of Singapore (MAS) for e-money issuance, today announced that it has surpassed the SGD 2 billion mark in digital assets-related transactions on its payment platform in 2021 alone.
  • The new StraitsX platform features a redesigned and streamlined user interface to enable faster and more efficient navigation.
  • The StraitsX platform enables individual users to transfer, mint and redeem XSGD with a connected bank account, in addition to spending their XSGD with various digital asset platforms.
  • We hope to continue to bring value to our users in Southeast Asia through the StraitsX platform and the StraitsX stablecoins."