TranSwap Receives EMI Authorization In The UK
TranSwap, a Singaporean fintech with a growing presence in Scotland just announced it had received authorisation from the FCA to conduct payment activities as an Electronic Money Institution (EMI) in the UK. This will allow the fintech firm to offer its comprehensive suite of services, including global payments and collections, borderless digital wallets, cards & […]
Business Leaders In Singapore Report Better Work-Life Balance After Start Of Pandemic
SINGAPORE – The pandemic seems to have improved the work experience for at least one group – senior business leaders, noted a new survey. It found that 72 per cent of directors and C-suite leaders polled here last year said the pandemic has had a positive impact on their work-life balance. But only 25 per cent […]
Visa: Singaporean MSMEs Plan to Accept BNPL, Crypto Payment Options in 2022
Ninety-four percent of micro, small, and medium enterprises (MSMEs) in Singapore will accept some form of digital payments in 2022, compared to 82 percent globally, according to Visa’s Back to Business Study. Nearly three-quarters (72%) of them are expecting their businesses to become fully cashless within the next two years. Additionally, one-third of small businesses in […]
Singapore Cementing Itself As A Global Crypto Hub
As originally published in Bloomberg, Singapore is seeking to cement itself as a key player for cryptocurrency-related businesses as financial centers around the world grapple with approaches to handle one of the fastest growing areas of finance. “We think the best approach is not to clamp down or ban these things,” said Ravi Menon, managing […]