Fintech

DBS Invests $7.1 million to Build a Silicon Valley in Singapore

DBS, the leading financial services group in Asia with over 280 branches across 18 markets, will invest $7.1 million in initiatives that will support the development of the startup ecosystem in Singapore over the next five years. These initiatives include DBS owned programmes, partnerships with accelerators and other startup programmes....

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Authentication & Security

Unbound Conference in London Reveals Tool to Unleash Innovation: Launchpad by Barclays

Kicking off on December 1, the two-day unBOUND London is UK’s most exciting innovation festival which connects leaders, brands and growth-stage companies from digital ecosystems around the world. Aimed to foster innovation, the festival gathered entrepreneurs, brands and global corporations with disruptive technology and creative insights to explore new opportunities....

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Payments

Analysis on the Black Friday and Cyber Monday [Infographic]

GlobalCollect, an Ingenico Group company and the world’s most knowledgeable payment service provider, has done some analysis on their data from Black Friday and Cyber Monday. Here are some of the findings: - After a dip last year, online sales are booming again; the total number of processed transactions was...

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Enabling Technologies

Coming Soon: FreshBooks Card Reader For Small Businesses to Accept Payments On-The-Spot

FreshBooks, cloud-based accounting software for small business owners, revealed plans to release the FreshBooks Card Reader to help small business owners get paid on-the-spot using their mobile devices while also preventing credit card fraud. The pocket-sized device plugs into an iPhone's audio jack and lets users accept credit cards anywhere....

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BankTech

9 Supply Chain Finance Companies in Asia

Faced with increasing pressure to meet short-term liquidity needs, companies are looking for easy and convenient ways to manage their working capital and supply chain. Concerns surrounding risk and liquidity management have driven the demand for financial supply chain management solutions. Supply chain finance aims to improve the financial efficiency...

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Authentication & Security

Goldman Sachs Introduces Its Own Cryptocurrency SETLcoin and Files Patent for Securities Settlement

Goldman Sachs has filed a patent application with the US Patent & Trademark Office called “Cryptographic Currency For Securities Settlement” for a cryptocurrency called SETLcoin. Paul Walker and Phil J. Venables are listed as the inventors. Cryptocurrency SETLcoin by Goldman Sachs will allow P2P transfers with cryptographic tokens representing securities...

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