A24 announces today that it has successfully been awarded the global compliance Payment Card Industry Data Security Standard (PCI DSS) version 4.0 for their Multicloud Hardware Security Module as a Service (HSMaaS). This milestone, accomplished well ahead of the 2025 deadline, positions the company as a frontrunner in securing cardholder data and combatting emerging data threats

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additiv has launched its Embedded Finance platform in Southeast Asia, aiming to enhance financial inclusivity. Showcased at the Singapore Fintech Festival, the platform mirrors the success of Switzerland's Coop Finance+, a retailer app integrating banking, pension, and soon, insurance services from premium financial providers. This solution was launched with additiv's API-first cloud technology.

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Almond will be showcasing new financial institution partnerships with three leading organizations, including DigiPH (Philippines), Redision (Indonesia), and XPS 247 (United States).Event attendees can learn about seamlessly bridging the worlds of fiat and digital currency, reduce settlement, time, slash costs, and optimize settlements — all while offering new levels of transparency.

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In conjunction with the Singapore Fintech Festival (SFF) 2023, Arthur D. Little (ADL) has published The Intersection Of AI & Financial Services which identifies the ways in which AI is poised to transform embedded finance through better customer journeys, improved risk management and faster fraud detection, and to accelerate the growth of the embedded finance market.

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Bambu is launching the World's first SaaS-based Robo-advisor for Financial Advisors during the Singapore FinTech Festival 2023. Financial Institutions don't have to wait six months of developing a platform, spending millions of dollars for it. It is a ready-to-launch solution. Sign up - Configure it - Launch it. Easy as that. The product is fully integrated with a broker/custodian and will be first launched in the UK in partnership with WealthKernel. More information under bambugo.com.

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New developments in regulation for digital payments: Under the Retail Payment Activities Act, the Bank of Canada (the Bank)—Canada’s central bank— will supervise payment service providers (PSPs) who perform or direct retail payment activities for end users in Canada, even if they are not located in Canada. These regulations aim to ensure operational risks are well managed and end-user funds are protected. The new developments will foster confidence and competition in the payment industry by facilitating PSPs potential access to Canada’s real time rail (RTR) when launched. PSPs will be required to register with the Bank. Guidance on registration, risk monitoring and enforcement activities to follow. The Bank expects to start registering PSPs in late 2024, with compliance work beginning in 2025. Public consultation with industry is planned for early 2024. For more information, industry pro-fessionals can visit the Bank's booth at the Singapore Fintech Festival 2023.

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SINGAPORE– Beforepay (ASX:B4P), a leading Australian fintech, unveiled its next-generation platform this week at the 2023 Singapore FinTech Festival. Beforepay showcased the Beforepay platform at the Singapore FinTech Festival as it begins exploring overseas partnerships with lenders and fintechs. The new version of the model features improved ensemble capabilities, seasonal factor adjustments, and enhanced transaction categorisation. Calculating 453 separate attributes for each first-time customer and 492 attributes for existing customers, it shows a meaningful upgrade in predictive power from the previous version.

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Chubb Studio’s new developer portal enable developers to build new digital insurance campaigns and test their applications against a partner's live APIs. The portal also provides an intuitive partner onboarding experience, enabling its partners to quickly and easily embed insurance propositions, products, services and claims experiences alongside their core business.

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The success of fintech startups depends on their ability to safeguard sensitive financial data. To help them enhance their global presence, we offer a comprehensive suite of services, including ISO 27001 certification, SOC 2 Readiness & Examination, Compliance with Global Cybersecurity Standards, Ransomware Prevention, Security Tech Consulting, and much more.

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"Defactor introduces 'Pools,' enabling businesses to access liquidity via decentralised lending campaigns. Additionally, a strategic partnership in Latin America is announced. The teaser of a tokenised treasury bill product, anticipates a significant future addition to their RWA Tools & Infrastructure"

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Dobin introduces the launch of "Financial Insights", a groundbreaking feature designed to address inflation-driven stresses such as rising utility bills and growing everyday expenses, enabling Singaporeans to regain financial control. Led by experienced co-founders, the innovation draws on extensive experience that includes advising major banks and scaling a 150-million-downloads app.

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EzyRemit's latest expansion into Japan, marked by the opening of a new Tokyo office, brings its remittance services to over 50 countries. This strategic move enhances global financial accessibility, fostering innovation and opportunities in the Asia-Pacific region and beyond.

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Fexco Group, an Irish financial and tech services company, is entering the Singaporean fintech market with a new regional headquarters. Leveraging its four decades of fintech expertise, Fexco aims to grow in Southeast Asia, doubling its market presence in two years. Already established in Asia Pacific, the move aligns with Singapore's status as a fintech hub. Fexco's growth trajectory includes a 47% increase in its Dynamic Currency Conversion product and the recent launch of PACE, an aviation finance solution for carbon emissions analysis. Singapore's booming digital investment sector and rising ATM adoption further support the strategic move.

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The spotlight shines on the Taiwan Pavilion (Booth No. 6D25) at the prestigious Singapore FinTech Festival, where FinTechSpace, the Taiwan Fintech Hub, orchestrates an impressive showcase of Taiwan's technological innovation in the global FinTech market. This marks their fifth consecutive participation in this renowned event.

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Fintelite debuts its Corporate Banking Hyper-Personalization solution at SFF 2023 as part of MAS's AI in Finance Global Challenge, emphasizing industry innovation. The product tackles missed revenue opportunity due to lack of AI-powered personalization model in banking.

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Introducing Flagright AI Forensics - AI Forensics helps fintechs & banks scale volume without scaling headcount in AML compliance & fraud teams. Seamlessly built-into the standard case management system, AI forensics conducts investigations on its own, while keeping analysts in charge for final reviews or important decisions. It learns from internal policies, procedures, and past case dispositions to improve itself, delivering unmatched capabilities and extreme performance for financial crime fighters, globally! Flagright’s AI philosophy is to eliminate tasks, not humans. The AI Forensics is made for AML compliance & fraud prevention teams to maximize performance and investigation quality. It’s capable of serving millions of real-life use case in miliseconds. You can talk to it and ask questions just like a member of your team, except it can process information much faster. As a pioneer of generative AI applications in the fight against financial crime, Flagright’s latest offering is a testament of our commitment to empowering financial institutions globally. Visit flagright.com to learn more and join our customers that trust Flagright across 6 continents. Experience best-in-class, next generation software to minimize risk and maximize growth!

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FOMO Pay, a leading major payment institution headquartered in Singapore, today announced that the company has successfully obtained a Money Service Operator (MSO) License issued by the Hong Kong Customs and Excise Department. With the new license, FOMO Pay is planning to launch payment and remittance businesses in Hong Kong, facilitating businesses in enhancing their global collection and global payout processes. This sets the stage for an expanded regional presence and signifies another key milestone in FOMO Pay’s business growth.

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GAIT Global's national-level reports reveal promising sustainable finance opportunities in Tonga and Samoa, offering the FinTech community and the SFF audience insights into blue and green nature-based carbon projects, investment potential, and environmental impact.

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HM and Braithwate have launched FintechXpndr, a one-stop-shop to facilitate international expansion for fintechs.

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HSBC Singapore today announced at The Singapore Fintech Festival 2023 a partnership with Antler, the world’s most active early-stage venture capital (VC) firm , to facilitate the growth of Southeast Asian innovation companies and entrepreneurs based in Singapore. This collaboration aims to provide startups and founders that are a part of Antler’s network access to financial expertise and banking solutions such as preferred business banking accounts, venture debt and working capital facilities designed to support their needs and enable their growth and future expansion.

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iChange, the world's first money changers marketplace, is rewriting the rules of currency exchange at the Singapore FinTech Festival 2023. This innovative platform empowers users with real-time rate comparisons, multi-currency wallet and secure payments via the iChange Mastercard. With a soaring user base of over 10,000 KYC completed customers in just four months, iChange is not stopping here. The app aims to reach 100,000 downloads in two years and is eyeing international expansion.

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Innov8tif Solutions, a leading ASEAN eKYC provider, is set to showcase their latest breakthrough solutions at the Singapore FinTech Festival 2023. The company's recent merger with Xendity has positioned them at the forefront of eKYC providers, offering a comprehensive ID assurance process. With their recently launched EMAS CIDA solution. Innov8tif invites attendees to explore their booth, highlighting their commitment to shaping the future of secure, efficient, and compliant financial services.

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Investbanq, a pioneering force in the ever-evolving fintech landscape, proudly introduces its groundbreaking digital investment platform, driven by advanced Artificial Intelligence (AI) technology. This transformative platform opens doors to a vast array of asset categories, including equities, fixed-income securities, private funds, infrastructure, venture investments, and features strategic plans for future integration of digital assets.

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Singapore FinTech Festival 2023 will host the Italian Trade Agency for the 2nd time, to coordinate an official Italian Pavilion with the support of the Italian Ministry of Foreign Affairs and International Cooperation and in collaboration with the Italian Association of the FinTech Sector (AssofinTech) and the Bank of Italy. The pavilion spans 54 square meters and is located at booth 6F25 in Singapore Expo, Hall 6. Within this pavilion, 9 Italian companies will showcase their fintech innovations to a global audience. The list of participating companies includes EvenFi srl, FAIRTILE srl, HODLIE srl, MyMoney, Notarify, Scaling Parrots – IBCorp srl, SOLID srl, The Nemesis by Undo Studios IT srl, and WAVENURE s.r.l. (Refer to Annex A for the full list of Italian companies and description).

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Matter publishes AI-powered research that demonstrates how investors in sustainable companies expose themselves to specific market risks and shows how ESG-trained AI can spot and help reduce these risks in ESG portfolios.

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Market Simplified, a pioneering provider of cutting-edge enterprise financial solutions, is thrilled to unveil Nitro XP, a groundbreaking Low-Code Application Platform (LCAP) meticulously designed for the ever-evolving APAC market.

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The world’s first universal payments platform Optty has partnered with Australia’s largest PayTo provider Monoova to gain access to Australia's payment rails, including PayTo, PayID, BPAY, and online card payments, all via Monoova’s API.

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Moolahgo, a leading multi-currency digital payments specialist in Singapore, is proud to launch "Shizu", a groundbreaking client interface for Moolahgo's multi-currency payments platform. Shizu boasts advanced AI capabilities, understanding natural language, operating in multiple dialects, and adeptly handling user input and imperfections.

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At Singapore FinTech Festival 2023, MCO will showcase its integrated compliance solutions, focusing on communication compliance tools. These AI-driven solutions help firms manage risk and maintain ethical cultures, aligning with the festival's theme. MCO's participation reflects its substantial growth in the Asia-Pacific market and recent industry accolades. Visit their booth at the International Pavilion in Hall 5 to learn more about their innovative RegTech and compliance offerings.

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NORDEK's participation in the Singapore Fintech Festival 2023 promises to provide valuable insights and inspiration to the audience. Attendees will learn about innovative blockchain solutions, user-friendly technology, and the convergence of sports and technology through NORDEK's partnership with the Netherlands Cricket Team.

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Strategic partnership between US based and Singapore based tokenization and digital asset trading platforms increases accessibility for investors and issuers.Oasis Pro, fintech infrastructure provider and InvestaX, licensed real world asset tokenization platform, today announced during the Singapore Fintech Festival, a partnership that epitomizes one of the founding ethos of the digital asset ecosystem - increasing accessibility for both investors and issuers.

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Distributed ledger technology promises to unleash competition in managing high value payments, financings, and investments, putting up to $50 billion of revenueat risk for global banks but creating even larger opportunities in new products liketokenization of real world assets, according to a new report from the Oliver Wyman Forum.

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"Singapore FinTech Festival 2023: Optimai Unleashes a Game-Changer - Portfolio AI Copilot (PAT)!Get ready for a FinTech revolution! Singapore's very own Optimai is set to dazzle at Singapore FinTech Week with its groundbreaking Optimai Portfolio Management & Analytics System, supercharged by Portfolio AI Copilot (PAT). Powered by Gen AI and built on the rock-solid foundation of Investment Data Warehouse, Interactive Dashboard, and REAP, this innovation will reshape how asset and wealth managers thrive. Optimai's glittering record of awards underscores its unyielding dedication to excellence in the world of FinTech."

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ParallelChain Lab is excited to announce the launch of FinTech360 at Singapore FinTech Festival 2023. FinTech360 is a comprehensive collection of FinTech and RegTech solutions, powered by cutting-edge blockchain and artificial intelligence (AI) technologies. This synergetic ecosystem of tools works together seamlessly, bringing frictionless user experience and operational automation to the entire business process — from onboarding to customer relationship management, from compliance to internal data security.

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Today, Partior, the global unified ledger market infrastructure for clearing and settlement, released its Transforming Financial Market Infrastructure whitepaper, outlining its approach to addressing challenges inherent in the current payment infrastructure, and redefining cross-border money movements as we know it.

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PayMate announced collaborations in Singapore, Malaysia, and Australia, where it recently launched operations. In Australia, they have partnered with a company in the construction industry. In Malaysia, they teamed up with a company to offer credit card payments to resellers. In Singapore, PayMate integrated to streamline payment processes using virtual cards.

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Pundi X introduces "Pay via Email" on its XPOS platform at the Singapore Fintech Festival, revolutionizing cryptocurrency transactions. This feature allows customers to use email addresses for payments, enhancing convenience and efficiency. Global accessibility, flexible payment options, and invoicing for online transactions underscore Pundi X's commitment to transforming decentralized finance

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Leap Pay collaborates with Pundi X at the Singapore Fintech Festival, presenting a user-friendly solution for physical retail merchants to handle cryptocurrency transactions. The partnership emphasizes regulatory compliance, global payment ecosystem creation, and showcases innovative integration of Leap Pay's expertise with Pundi X's blockchain technology, fostering the widespread adoption of digital assets.

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Rakkar Digital, a qualified custody provider for institutions backed by Siam Commercial Bank’s SCB10X, today announced its strategic partnership with OpenEden, days after their announcement of their Singapore Fintech Festival 2023 sponsorship. This collaboration is set to redefine and innovate the landscape of digital assets, offering institutions an unparalleled blend of security from a bank-grade qualified custodian, and accessibility to transparency and liquid asset mediums.

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Solv Foundation, with the support from Monetary Authority of Singapore and Bank of Ghana, unveiled Project DESFT at the 2023 Singapore FinTech Festival, a blockchain-based platform for digital credentials, enhancing global trade access for developing nations' MSMEs, with unique features like 'Controllable Transparency' and alignment with Universal Trusted Credential standards.

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Annoucing the availability of Sensa Investigation Hub, a generative AI-enabled investigation and case management platform that propels financial institutions into the future of financial crime management in Asia Pacific

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TerraPay, a global cross-border payments network, has forged ties with Maya, a fintech ecosystem in the Philippines that offers an advanced digital bank, consumer finance app, and merchant acquiring and payments processing. This collaboration aims to make international remittances more accessible, convenient, and secure for Filipinos across the world.

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The National Bank of Cambodia has signed a Memorandum of Understanding (MoU) with Ant International to promote inbound and outbound cross-border mobile payments. The signing was presided over by H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia and Mr. Douglas Feagin, Senior Vice President of Ant Group and Head of Alipay+, Ant International, today at the Singapore Fintech Festival.

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Embark on an exhilarating journey through the dynamic world of FinTech in the heart of Asia with "The FinTech Nation: Excellence Unlocked in Singapore". This captivating book unveils the secrets behind Singapore's meteoric rise as a global financial powerhouse.

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Announces collaboration with Elevandi to support FinTechs and drive the adoption of transformative technologies

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Elevandi, a non-for-profit entity set up by the Monetary Authority of Singapore, and UNHCR, the UN Refugee Agency, has announced a new partnership at the Singapore FinTech Festival, to support skills training and creation of employment opportunities for refugees around the world.

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HSBC Business Go is a B2B digital platform offering dynamic features to help local businesses expand overseas, optimise business operations, and collaborate with like-minded entrepreneurs across four markets: Singapore, Hong Kong, Malaysia, and India. A key feature of HSBC Business Go is International Navigator, an all-in-one knowledge hub, that provides essential market and business insights supporting entrepreneurs’ overseas expansion needs.

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The Singapore arm of Bordier & Cie, a leading Swiss private bank founded in 1844, today announces a partnership with Sygnum Singapore to provide digital asset services.The 179-year-old private bank is Sygnum Singapore’s first B2B partner bank. Partnership will allow Bordier to leverage Sygnum’s institutional-grade custody, risk management and off-balance sheet digital assets.

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UOB, PwC Singapore, and the Singapore FinTech Association have jointly released the FinTech in ASEAN 2023 report, which highlights the fact that the region has seen significant investor interest in sustainability despite uncertain macroeconomic conditions.

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