Fintech News | Fintech Zoom

Bank of China launches first global fintech innovation lab in Singapore

BANK of China (BOC) has launched on Nov 14 its first global fintech innovation lab in Singapore to spearhead its worldwide research and development  (R&D) activities as well showcase its latest technologies. The BOC Innovation Lab (Singapore)...

Singapore, China to collaborate on fintech, supervision of futures exchanges

Two agreements inked between financial agencies will pave the way for China and Singapore to collaborate on fintech innovations and cross-border supervision of futures exchanges and intermediaries. The Monetary Authority of Singapore (MAS) concluded...

Look at issuing digital currency, IMF head tells central banks

Central banks should look seriously at issuing digital currency in order to “fill the void left by the decline of cash”, according to the head of the IMF. Christine Lagarde said in Singapore on Wednesday that there could be a role for the state to...

Bahrain and Singapore strengthen cooperation in FinTech

The Central Bank of Bahrain (CBB) and the Monetary Authority of Singapore (MAS) today signed a Memorandum of Understanding (MOU) to foster innovation in financial services between the two countries. The MOU will support the sharing of information on...

China central bank tests new regulations on Ant Financial

China is testing new regulations on five financial holding companies, including e-commerce giant Alibaba’s (BABA.N) fintech affiliate Ant Financial Service [ANTFIN.UL], paving the way for tighter oversight of the fast-growing sector. The pilot...