Digital Financing vs. Traditional Banking

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Digital financing has revolutionised access to funding by making access to financing easier and more convenient. However, traditional banking is still the financial behemoth of old, with a recent survey finding that 69% of Singaporeans prefer it over digital ones. This article looks closely at the intricacies of digital financing …

Navigating the tech talent crunch

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According to a report commissioned by Amazon Web Services (AWS), Singapore alone will need 1.2 million additional digital workers by 2025 to remain competitive. The tech talent crunch is further intensified as Chinese tech giants expand into Singapore after facing pressures at home. Worldwide, 149 million new digital jobs in …

Empowering the creative engineering mind to drive innovation

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Engineers can imagine a new frontier and make it happen. Without them, low-noise earthquake-proof bullet trains that can hit 200 miles per hour will not be a reality since 1964. We will still be vacuuming with clogged up vacuum bags and poor suction powers if James Dyson did not imagine …

Why Green Financing is good for the environment and you as SME

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It is no surprise the weather has become a little heavier, a little more humid, and a little more unbearable each day. The annual mean temperature in Singapore has increased from 26.9°C in 1980, to 28.0°C in 2020, according to the National Climate Change Secretariat. Air conditioning has now become …

FinTechs must invest in cyber security early, here’s why.

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In Singapore, Asia’s number one Fintech city, 66% of Fintechs saw an increase in demand for their products and services during COVID-19, with 40% believing that this increase will sustain over a long period. This optimism is, ironically, brought forth by the pandemic, which created an environment that forced the …

Drivers of ASEAN’s Fintech Landscape

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According to UOB’s report on the State of Fintech in ASEAN, Singapore takes the lion’s share of fintechs in the region, at 39%. In Singapore alone, fintech investments crossed the billion-dollar mark, a figure that the Monetary Authority of Singapore (MAS) has set for 2019 but has achieved within the …

The 2020 Fintech Landscape in Singapore

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With Singapore fintechs taking 51% of ASEAN funding as of Q3 2019, it comes as no surprise that investors may be keen to learn more about the country’s fintech landscape. Singapore has over 40 innovation labs, more than 500 fintech start ups, SGD500 million in record-high fintech investments in 2018, …

9 Words You Need to Have in Your FinTech Dictionary

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With FinTech becoming prevalent in every industry, it’s imperative to pick up some FinTech terms to understand this new language of business. We have compiled a list of 9 words that you need to have in your FinTech dictionary to help you ease into picking up these business jargons! Fintech …

Top 10 Fintech Books to Read in 2019

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Southeast Asia is on a steady track to becoming an innovation destination. Singapore, with its strategic investment in R&D funding and STEM (Science, Technology, Engineering and Math) education, went up to the third spot in 2018 Bloomberg Innovation Index, while US fell out of the top 10 last year. As …

The 2019 Fintech Landscape in ASEAN

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A combination of the words ‘financial’ and ‘technology’, fintech seeks to design and deliver good quality financial services and products through innovative technology. The sector is booming with contributions not merely by banks and technology giants, but also Small and Medium-sized Enterprises (SMEs). Below are some predictions of the 2019 …