In the News
Until now, consumer fintech has been all the rage, but recent funding rounds and exits might very well indicate that 2020 will be the year of business-to-business (B2B) fintech, according to Patricia Kemp, co-founder and managing partner at venture growth equity fund Oak HC/FT.
Despite widespread advances in anti-money laundering technology, experts doubt whether it will ever be able to match the capacity of criminals. There is even a belief that technology may only ever be as good as five to ten years behind what criminals can achieve at any point, a conference was told. Matthew Leaney, CRO of SilentEight –…
Financial technology, commonly known as Fintech, is the term used to define emerging technologies aimed at enhancing and automating the provision and usage of financial services. Fintech helps companies, businesses and customers in managing their financial processes and operations better through the use of specialized computer and smartphone software and algorithms. In the 21st century, when Fintech…
The Financial Technology Report is pleased to announce The Top 25 Women Leaders in Financial Technology of 2020. In uncertain economic times and as the demand for financial technology increases, these women have stepped up to the plate to aid the companies they serve in producing innovative, secure, and user-friendly solutions for businesses and individuals…
Martin Markiewicz, CEO of Silent Eight, discussed his company’s origins and top global clients with Efma’s Boris Plantier. What led to the creation of Silent Eight? Silent Eight was founded by a team of engineers and data scientists who are passionate about combating money laundering and terrorist financing to make the world a safer place. In…
In the second episode of Venture Matters TV discussed deep tech startups, the importance of Singapore for the ecosystem, and “zero to one” moments. “Nothing galvanizes like success.” Paul Santos knows what he’s talking about. His firm Wavemaker Partners sold four companies in the past year, creating about USD 400 million in enterprise value. “We…
Singapore – MAS announced in late April the establishment of an accelerator grant to enable growth in the sector and promote digital innovation in smaller Financial Institutions and Fintechs. The accelerator program supports the adoption of digital tools and system upgrades that facilitate business continuity by offering subsidies of up to 80% for Fintechs and FIs…
As the pandemic first spread across the globe, it left behind a trail of financial trauma, enticing financial and cyber criminals to crawl out of the woodwork to capitalize on the damage. According to financial insight provider Refinitiv, the number of global cases of financial crime have risen to 1,880,591 as of the end of…
COVID-19 continues to spread in Singapore with now more than 30,400 confirmed cases and over 20 deaths, according to the latest data from the John Hopkins University. Though the numbers continue to rise, with 614 new cases of COVID-19 infection being unveiled just on May 22, the government is planning to further ease restrictions starting next month. On the economic front,…