Singapore

Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall, with its 18 Corinthian columns. In Singapore's circa-1820 Chinatown stands the red-and-gold Buddha Tooth Relic Temple, said to house one of Buddha's teeth.

(source: en.wikipedia.org)

Payoneer Pays $61 Million for HR/Payroll Platform Skuad
Payoneer Pays $61 Million for HR/Payroll Platform Skuad
August 07, 2024  |  Acquisitions

Small-business-focused FinTech Payoneer has acquired Singapore-based payroll/HR platform Skuad for $61 million. The deal is designed to bolster Payoneer’s efforts to serve as a “business-grade financial stack” for small...

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Revolut Business Expands ‘Financial Super App for Businesses’ to Singapore
Revolut Business Expands ‘Financial Super App for Businesses’ to Singapore
August 06, 2024  |  B2B Payments

Revolut Business expanded the availability of its “borderless financial super app for businesses” to Singapore and is looking to add other markets. “We’re here to...

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How the World Does Digital: Gen Z and Millennials Drive Singapore’s Digital Economy
How the World Does Digital: Gen Z and Millennials Drive Singapore’s Digital Economy
July 10, 2024  |  Connected Economy

While Singapore captivates visitors with its vibrant culture, food and stunning architecture, this Southeast Asian city-state wears another crown: A world leader in digital engagement....

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Why Brazil and Singapore Beat the US in Overall Digital Engagement
Why Brazil and Singapore Beat the US in Overall Digital Engagement
July 09, 2024  |  Connected Economy

It may surprise you to learn that the U.S. did not top the global charts for digital engagement in PYMNTS Intelligence’s “How The World Does...

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Singapore Bank DBS Forges Stablecoin Custody Pact With Paxos
Singapore Bank DBS Forges Stablecoin Custody Pact With Paxos
July 02, 2024  |  Cryptocurrency

Singapore’s DBS Bank is reportedly set to begin a custody service for stablecoin reserves. It’s part of a collaboration between the city-state’s largest lender and a local...

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Singapore Says Banking Sector Is Top Money Laundering Risk
Singapore Says Banking Sector Is Top Money Laundering Risk
June 20, 2024  |  AML

Singapore has identified banks as the entities posing the greatest money laundering (ML) risk to the country. The Monetary Authority of Singapore (MAS), which is a...

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Singapore’s Tranglo Expands Cross-Border Payments Network
Singapore’s Tranglo Expands Cross-Border Payments Network
April 08, 2024  |  Digital Payments

Tranglo has expanded its cross-border payment network to allow transfers to more than 30 digital wallets. The Singapore-based FinTech announced the expansion Monday (April 8), noting that its direct-to-wallet...

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TerraPay Gets Payments License From Singapore’s Central Bank
TerraPay Gets Payments License From Singapore’s Central Bank
April 08, 2024  |  Cross-border Payments

Money transfer firm TerraPay received a major payment institution license in Singapore. The approval by the Monetary Authority of Singapore means that TerraPay is either licensed or approved in...

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Singapore Licenses Crypto Platform GSR Markets
Singapore Licenses Crypto Platform GSR Markets
April 04, 2024  |  Cryptocurrency

Regulators in Singapore have given a license to cryptocurrency market maker GSR Markets. As Bloomberg News noted in a report late Wednesday (April 3), the move is a...

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