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FinTech

FinTech is a portmanteau of two words – financial and technology. It describes the emerging financial services sector that rose to prominence in the earlier part of the 2010s. FinTech is changing the way we do business. Paypal is a very good example of a FinTech concept that many people in Singapore use quite regularly. Several FinTech technologies exist, such as online payments and transactions as well as data management and security. Ultimately, it is all about consumers and the way in which they receive benefits from the advancements in financial technology. Traditional methods of conducting financial activities are dying, and they are being replaced by more modern, technological methods. We will look at some of the major FinTech applications and the way in which Singapore is adopting these technologies. With numerous up-and-coming FinTech companies in Singapore, consumers will soon be able to do things like lend money, make payments, invest money, and manage and analyze personal finances – all from an app on their phone.

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There is no doubt a unified e-Payment system is the way of the future; its benefits for Singaporeans are unquestionable. The objective has always been to enable Singapore to be a cashless society whether through Nets, PayNow, Razer Pay...
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As the COVID-19 virus continues to spread, startups and businesses face a tough battle to stay alive as major non-tech industries shut down and non-essential international travel is banned across the world. Most employees have been unceremoniously transitioned to remote...
If you have always wanted to learn more about how technology is changing the financial landscape, join us at the Singapore FinTech festival.Register here and use the code "TheNewSavvy10" for 10% discount!     We have already witnessed the profound and widespread...
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