PIVOT Fintech Pte Ltd, a digital wealth management technology services venture has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). PIVOT’s CMS license, which comes after the recently published MAS Guidelines on the Provision of Digital Advisory...
SingSaver, a Singapore-based financial comparison platform, has identified cashback as the number one reward women look for when choosing a credit card. The survey of women aged 21-55, which includes millennials, also sheds light on women’s changing attitudes to personal finance and indicates a shift towards greater...
Debt payments in 4Q18 remained generally stable across SMEs in Singapore, but were impacted by a significant number of delinquent debts stemming from theconstructionsector.  The findings on SME payment behaviour were revealed in a report released today by DP Information Group (DP Info), part...
Tribe Accelerator announced a strategic partnership with global blockchain firm ConsenSys​by signing a Memorandum of Understanding (MOU) to undertake initiatives and activities to further the blockchain ecosystem in Singapore.  Tribe is the first Singapore government-supported blockchain accelerator advocating the growth of later-stage startups by...
Tech startup Zowedo Pte Ltd has launched an online platform, of the same name, for consumers in Singapore. The company has a mission to democratise the service industry by connecting SMEs to customers. Four months after the soft launch, Zowedo currently offers over 400 service listings and...
The National Trades Union Congress' (NTUC) Employment and Employability Institute (e2i) has launched a closed portal for heads of small and medium-sized enterprises (SMEs), with modules specifically tailored for business owners and directors. The portal is part of the existing platform U Leap, or...
Singaporean multinational banking corporation United Overseas Bank (UOB) and OctoRocket.asia (OctoRocket), a business to business e-commerce platform, have signed a Memorandum of Understanding (MOU) to enable small businesses in ASEAN on OctoRocket to apply for financing quickly and easily.  OctoRocket, a joint venture launched...
Businesses in Singapore recognise the importance of sustainability as a driver of reputation, growth and profitability, yet have not fully converted sentiment into meaningful action, a HSBC report has found. Not having a stronger approach to Environmental, Social and Governance (ESG) is also simultaneously impacting corporates’ financing...
Singapore-based startup CSE SG has unveiled the new generation Smart Contract 2.0 - featuring multi-contractual conditions and multi-industry applications running under the revolutionary, super-fast blockchain 3.0 technology. The new generation Smart Contract 2.0 has been applied to the field of finance globally, enabling ICOs, STOs and...
As part of the ongoing review of the Personal Data Protection Act 2012 (PDPA), Singapore intends to introduce a data portabilityrequirement. As data portability is a recent global development, a Data Portability Discussion Paperhas been issued to provide greater clarity of its benefits in support of a...