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

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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The B2B, B2C Realms Of eCommerce Are Headed For Convergence
The B2B, B2C Realms Of eCommerce Are Headed For Convergence
September 23, 2020  |  B2B Payments

The digitization boom catalyzed by the pandemic has not been isolated to just the U.S. Indeed, it has been a global phenomenon that continues to...

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Grab Fined For Privacy Breach For The Fourth Time
Grab Fined For Privacy Breach For The Fourth Time
September 13, 2020  |  Security & Fraud

GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg...

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Gaming Hardware Maker Razer Eyes Banking Licenses In US, Europe
Gaming Hardware Maker Razer Eyes Banking Licenses In US, Europe
September 11, 2020  |  Digital Banking

Razer Inc., the gaming hardware manufacturer, is eyeing expansion into banking in the U.S. and Europe. The move comes nine months after the California-based company...

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