Singapore

ESG / Sustainability

Experts Believe ESG Must Revert to Economic Model

By Ranamita Chakraborty | 16/11/2023

The ESG landscape needs orchestration and alignment with economic initiatives, discussed panellists at the Singapore FinTech Festival.

Crypto / Digital Assets

MAS Launches New Tokenisation Initiatives Under Project Guardian

By Editors | 16/11/2023

Five new industry pilots have been initiated. A new funds workstream and new digital infrastructure initiatives being launched.

Fintech / Regtech

Cash, Digital Wallets and Financial Services for “The Next Billion”

By Jill Wong | 15/11/2023

Sophistication is key but basic solutions are also needed before “the next billion” of digital banking customers can enter the gates.

Fintech / Regtech

UBS, SBI, DBS Use Digital Bond in Cross-border Repo Trade

By Manesh Samtani | 15/11/2023

The transaction involved a repo to borrow tokenised JPY against a natively-issued JPY digital bond. The tokenised JPY was used to finance the repurchase of the same bond.

Fintech / Regtech

IMF Says CBDCs Can Replace Cash; Unveils Handbook

By Nithya Subramanian | 15/11/2023

IMF’s Kristalina Georgieva said that public sector should prepare to deploy CBDCs and prepare platforms that facilitate cross-border payments.

Fintech / Regtech

Singapore to Leverage AI for Sustainability-linked Loan Issuance

By Manesh Samtani | 15/11/2023

Singapore’s Project NovA! consortium has developed MVP that uses AI to address the challenges of issuing sustainability-linked loans in the real estate sector.

Crypto / Digital Assets

SC Ventures, FundBridge to Create First Tokenised SGD Government Bond Fund

By Editors | 15/11/2023

FundBridge Capital will use a new tokenisation platform known as Libeara to create the tokenised Singapore dollar government bond fund.

ESG / Sustainability

UNDP, MAS, GLEIF Launch Global Initiative to Boost MSME Finance

By Editors | 14/11/2023

The initiative proposes to create trusted credentials that characterise an MSME’s financing worthiness based on traditional and alternative data sets.

Crypto / Digital Assets

Singapore Crypto Lender Hodlnaut to Enter Into Liquidation

By Editors | 13/11/2023

Creditors rejected Hodlnaut’s restructuring plan, believing a liquidation would maximise the distribution of the remaining assets.