Singapore

Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall, with its 18 Corinthian columns. In Singapore's circa-1820 Chinatown stands the red-and-gold Buddha Tooth Relic Temple, said to house one of Buddha's teeth.

Source: en.wikipedia.org

Singapore Businesses Struggle To Get Paid Following Wirecard Shutdown
Singapore Businesses Struggle To Get Paid Following Wirecard Shutdown
October 12, 2020  |  International

Singapore businesses are struggling to get paid following the shutdown of German payment processing firm Wirecard, according to a Monday (Oct. 12) report in the Financial...

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Embedded Financing Helps Asia’s SMBs Weather Cash Flow Challenges
Embedded Financing Helps Asia’s SMBs Weather Cash Flow Challenges
October 07, 2020  |  B2B Payments

To smooth cash flow headwinds, small- to medium-sized businesses (SMBs) can benefit from access to financing through digital-only channels. To that end, Banking-as-a-Service (BaaS) company...

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Today In Digital-First Banking: Plaid Introduces ‘All-New’ Plaid Link; Venmo Rolls Out Credit Card
Today In Digital-First Banking: Plaid Introduces ‘All-New’ Plaid Link; Venmo Rolls Out Credit Card
October 05, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, Plaid has debuted an “all-new” Plaid Link to bolster onboarding, while Venmo has introduced a credit card issued...

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RootAnt Ends Seed Round With $1.46M For Expansion
RootAnt Ends Seed Round With $1.46M For Expansion
October 04, 2020  |  B2B Payments

Singapore Banking-as-a-Service (BaaS) startup RootAnt has ended a seed round with $1.46 million, according to a report by e27. The lead investor was Linear Capital...

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Singapore Government Agencies, Universities Lose $749K In Scams
Singapore Government Agencies, Universities Lose $749K In Scams
October 02, 2020  |  Security & Fraud

Cyberthieves posing as Singapore government agencies and universities stole $749,000 worth of goods after tricking companies into delivering them. The Straits Times, a Singapore newspaper,...

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Today In Payments: SWIFT Launches Low-Value X-Border Payments; UK Cracks Down On Late Payments To Suppliers
Today In Payments: SWIFT Launches Low-Value X-Border Payments; UK Cracks Down On Late Payments To...
October 01, 2020  |  News

In today’s top news, SWIFT launched a service for low-value cross-border payments, and the U.K. is considering fining companies that don’t pay suppliers on time....

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Amazon Expands Into Singapore
Amazon Expands Into Singapore
September 30, 2020  |  International

Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech...

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Singapore Banking Regulator Shuts Wirecard
Singapore Banking Regulator Shuts Wirecard
September 30, 2020  |  Security & Fraud

Singapore’s financial regulatory authority announced Wednesday (Sept. 30) it has directed Wirecard AG to end its payment services in the Southeast Asian country and return...

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The Pandemic-Driven Adoption Of Digitized Remittances For Singapore’s Foreign Workers
The Pandemic-Driven Adoption Of Digitized Remittances For Singapore’s Foreign Workers
September 23, 2020  |  Smarter Payments

Mobile remittances have become a financial lifeline for households around the globe, but the giant shift to mobile amid the pandemic has also opened the...

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