Singapore FinTech Festival

PingPong at SFF 2023: Keys to successfully navigating the risks in a volatile global market

Retrieved on: 
Saturday, November 18, 2023

SINGAPORE, Nov. 18, 2023 (GLOBE NEWSWIRE) -- PingPong, a global payment platform, announced several significant milestones and achievements in advancing the cross-border payments industry during the Singapore Fintech Festival 2023.

Key Points: 
  • David Messenger, CEO of Global Businesses for PingPong, shared strategies to protect, manage, and grow cross-border enterprises amid uncertainties.
  • PingPong highlighted its capability to partner with enterprises worldwide, seeking world-class global partners in Singapore and Southeast Asia for mutual growth.
  • This allows PingPong to offer a comprehensive range of payment services, facilitating faster global expansion for local businesses.
  • David Messenger, CEO of Global Businesses for PingPong, stated, "These announcements underscore our commitment to empowering businesses globally.

Temenos to Work with MAS to Advance Sustainable Finance

Retrieved on: 
Thursday, November 16, 2023

Gprnt is the culmination of MAS’ Project Greenprint and aims to address the financial sector and real economy’s needs in collecting and accessing trusted climate- and sustainability-related data.

Key Points: 
  • Gprnt is the culmination of MAS’ Project Greenprint and aims to address the financial sector and real economy’s needs in collecting and accessing trusted climate- and sustainability-related data.
  • With the Temenos Carbon Calculator, an industry-first, Temenos’ clients get CO2 emissions insights from their actual use of Temenos Banking Cloud.
  • Temenos tops global indices and ratings including a Triple A MSCI ESG rating and a top ranking in Dow Jones Sustainability Indices.
  • Temenos is the only banking technology company to have ambitious carbon emissions reductions validated by the Science-Based Targets Initiative (SBTi).

Ant International Unveils Web3 Technology-Powered Next-Generation Treasury Solutions

Retrieved on: 
Wednesday, November 15, 2023

Ant International today unveiled its next-generation treasury management solutions powered by Web3 technologies during Singapore Fintech Festival.

Key Points: 
  • Ant International today unveiled its next-generation treasury management solutions powered by Web3 technologies during Singapore Fintech Festival.
  • At the Tech Stage of Singapore Fintech Festival, Kelvin Li, Head of Global Fund Platform at Ant International, presented the solutions and their use cases.
  • According to Li, the solutions so far have been deployed in multiple business scenarios of Ant International, including cross-border acquiring and instant tax refund services.
  • On November 1, HSBC announced that it had built tokenized deposit-based treasury management capabilities based on the solutions.

Onyx by J.P. Morgan and Apollo Explore Tokenization in Investment Portfolios Across Blockchains as Part of Project Guardian

Retrieved on: 
Wednesday, November 15, 2023

Within the POC, Onyx Digital Assets leveraged the Axelar network to enable interoperability with a private and permissioned Provenance Blockchain Zone.

Key Points: 
  • Within the POC, Onyx Digital Assets leveraged the Axelar network to enable interoperability with a private and permissioned Provenance Blockchain Zone.
  • Oasis Pro enabled the tokenization of assets, such as Apollo funds, on the Provenance Blockchain Zone.
  • “With the support of Axelar and Oasis Pro, J.P. Morgan and Apollo demonstrated how portfolios could be rebalanced and trades executed between Onyx Digital Assets and Provenance Blockchain.
  • Axelar network connects all with robust security and programmability that automates away developer overhead and delivers world-class user experience.”

Ant International Recognizes Global Partners for Their Achievements in Growth, Driven by Innovative Digitalization

Retrieved on: 
Tuesday, November 14, 2023

Ant International, the global fintech leader dedicated to digital payment and commerce, on Tuesday presented “Partner of the Year” awards to more than a dozen of its key business partners in recognition of their achievements in growth driven by adopting innovative digital technology.

Key Points: 
  • Ant International, the global fintech leader dedicated to digital payment and commerce, on Tuesday presented “Partner of the Year” awards to more than a dozen of its key business partners in recognition of their achievements in growth driven by adopting innovative digital technology.
  • View the full release here: https://www.businesswire.com/news/home/20231114376994/en/
    The awards presented by Ant International aim to celebrate global companies that are successfully embracing digital innovation and have achieved substantial growth by adopting the latest technology products and solutions.
  • “I extend my sincere congratulations to all the winners of the awards from Ant International for their accomplishments.
  • The awardees are also Ant International’s global business partners, and they work with Ant International for businesses in the scope of at least one of the company’s four business pillars outlined in its new global strategy, which was also announced on Tuesday.

New Report Finds That More Than 80% of Organizations Across APAC Are Using Artificial Intelligence (AI) to Tackle Fraud

Retrieved on: 
Wednesday, November 15, 2023

More than 80% of organizations now use artificial intelligence (AI) in some form to detect fraud.

Key Points: 
  • More than 80% of organizations now use artificial intelligence (AI) in some form to detect fraud.
  • AI-based fraud assessments involve the use of machine learning (ML) algorithms to analyze historical fraud data and identify patterns and anomalies that may indicate fraudulent activity.
  • However, the report also found that as fraud and scams become more sophisticated, scams present a growing challenge and concern in the region.
  • The good news is that all of the markets we surveyed are committed to preventing scams via a variety of methods.

7th Edition of Fintech Abu Dhabi Explores Synergy Between Finance and Technology

Retrieved on: 
Wednesday, November 29, 2023

ABU DHABI, United Arab Emirates, Nov. 29, 2023 /PRNewswire/ -- Building upon the successes of MENA's biggest Fintech Festival presented by Abu Dhabi Global Market (ADGM), the 7th edition of Fintech Abu Dhabi welcomed an impressive turnout of financial tech leaders and visionaries converging from across the globe today.

Key Points: 
  • ABU DHABI, United Arab Emirates, Nov. 29, 2023 /PRNewswire/ -- Building upon the successes of MENA's biggest Fintech Festival presented by Abu Dhabi Global Market (ADGM), the 7th edition of Fintech Abu Dhabi welcomed an impressive turnout of financial tech leaders and visionaries converging from across the globe today.
  • ADGM's flagship event, Fintech Abu Dhabi, conducted in partnership with Huawei continued to be a highlight of Abu Dhabi Finance Week (ADFW) this year, focusing on the central theme of the event – 'The Convergence of Finance and Technology'.
  • Linda Fitz-Alan Registrar and Chief Executive at ADGM Courts said, "In its staggering 7th edition, Fintech Abu Dhabi started as a pioneer, awakening our imagination, guiding the disruption of our norms and making innovation our constant.
  • The Global Financial Regulators Summit, a closed-door gathering of key global financial regulatory leaders was conducted parallel to Fintech Abu Dhabi and discussed the role regulators play in shaping the sustainable finance landscape of the future.

7th Edition of Fintech Abu Dhabi Explores Synergy Between Finance and Technology

Retrieved on: 
Wednesday, November 29, 2023

ABU DHABI, United Arab Emirates, Nov. 29, 2023 /PRNewswire/ -- Building upon the successes of MENA's biggest Fintech Festival presented by Abu Dhabi Global Market (ADGM), the 7th edition of Fintech Abu Dhabi welcomed an impressive turnout of financial tech leaders and visionaries converging from across the globe today.

Key Points: 
  • ABU DHABI, United Arab Emirates, Nov. 29, 2023 /PRNewswire/ -- Building upon the successes of MENA's biggest Fintech Festival presented by Abu Dhabi Global Market (ADGM), the 7th edition of Fintech Abu Dhabi welcomed an impressive turnout of financial tech leaders and visionaries converging from across the globe today.
  • ADGM's flagship event, Fintech Abu Dhabi, conducted in partnership with Huawei continued to be a highlight of Abu Dhabi Finance Week (ADFW) this year, focusing on the central theme of the event – 'The Convergence of Finance and Technology'.
  • One-of-a-kind forums featured during Fintech Abu Dhabi included Blockchain, AI and Risk & Security.
  • Linda Fitz-Alan Registrar and Chief Executive at ADGM Courts said, "In its staggering 7th edition, Fintech Abu Dhabi started as a pioneer, awakening our imagination, guiding the disruption of our norms and making innovation our constant.

Globe Group moves to replicate fintech success, solving PH biggest problems with digital technology

Retrieved on: 
Wednesday, November 29, 2023

MANILA, Philippines, Nov. 29, 2023 /PRNewswire/ -- The Globe Group, the Philippines' leading digital solutions platform, is out to repeat the success of its fintech arm GCash, currently the No.

Key Points: 
  • MANILA, Philippines, Nov. 29, 2023 /PRNewswire/ -- The Globe Group, the Philippines' leading digital solutions platform, is out to repeat the success of its fintech arm GCash, currently the No.
  • Ernest Cu, President and CEO of the Globe Group, said the company's pivot into a full-fledged techco aims to provide disruptive solutions to problems that Filipinos confront day-to-day.
  • With its solid connectivity infrastructure as foundation – its "unfair advantage"– the Globe Group has been casting a wider and wider net.
  • Today, beyond fintech, the Globe Group provides digital solutions in the areas of healthtech, adtech, edutech, climate tech, shared services, investments and entertainment.

Globe Group moves to replicate fintech success, solving PH biggest problems with digital technology

Retrieved on: 
Wednesday, November 29, 2023

MANILA, Philippines, Nov. 29, 2023 /PRNewswire/ -- The Globe Group, the Philippines' leading digital solutions platform, is out to repeat the success of its fintech arm GCash, currently the No.

Key Points: 
  • MANILA, Philippines, Nov. 29, 2023 /PRNewswire/ -- The Globe Group, the Philippines' leading digital solutions platform, is out to repeat the success of its fintech arm GCash, currently the No.
  • Ernest Cu, President and CEO of the Globe Group, said the company's pivot into a full-fledged techco aims to provide disruptive solutions to problems that Filipinos confront day-to-day.
  • With its solid connectivity infrastructure as foundation – its "unfair advantage"– the Globe Group has been casting a wider and wider net.
  • Today, beyond fintech, the Globe Group provides digital solutions in the areas of healthtech, adtech, edutech, climate tech, shared services, investments and entertainment.