Saudi G20 Presidency and the Bank for International Settlements Innovation Hub Invite Global Innovators to Find Solutions to the Most Pressing Financial Regulatory & Supervisory Challenges
TechSprint initiative will support the regulatory and supervisory responses against the COVID-19 pandemic.
Singapore Fintech Association and Razer Fintech Partnered to Support Singapore's Fintech Industry Amid the Pandemic
The partnership aims to address key issues facing the industry, including business continuity, lack of funding, and brand awareness.
As the growing pandemic continues to plunder on, the Singapore Fintech Association (SFA) and Razer have teamed up to provide financial assistance to local Singaporean fintech companies.
The SG$6 million ($3.44 million) grant can be used by local fintech companies to cover their daily working capital expenses and finance new product development work with financial institutions.
Sri Lanka-based fintech Genie has partnered with Bank of Ceylon to act as the financial acquirer and digitize payments through its mobile wallet solution.
The unprecedented crisis triggered by the coronavirus pandemic has severely dented Sri Lanka’s economy, causing a steep fall in the earnings from tourism, remittances and outflow of foreign investment, the nation’s central bank has said.
The global fintech challenge aims to offer solutions that can help financial institutions grapple with the existential threats posed by COVID-19 and climate change.