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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. With an estimated population of just 5.47

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . Founded in 2013, Nubank currently claims 8.5 But before partaking in blockchain bacchanal …. While Nubank is far from a household name in the U.S.,

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China and India lead global cashless growth

Banking 2020

per cent recorded in 2013. Many nations around the world, both developed and emerging, have enjoyed strong growth in non-cash payments in the past few years, with Germany, the UK, Belgium and France all contributing to an increase of 5.1 The ‘Emerging Asia’ region as a whole saw growth of 21.6 per cent in 2013.

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Timeline: Billion-Dollar Fintech Exits In China & Hong Kong

CB Insights

China and Hong Kong have been no exception to the trend: fintech companies in the region raised a record $26B in 2018, and exits in the sector have been elevated over the past few years. No billion-dollar fintech exits in the region occurred prior to 2017, as shown below. Patent Analytics to see where innovation is happening next.

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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. This analysis focuses on where insurance innovation in the market is happening today and where it is headed next. in 2013 to 15.8% The platform recorded 63.7M

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Ripple Raises $55 Million Series B; Announces New Bank Partners

Fintech Labs Insights

Founded in 2012 and headquartered in San Francisco, California, Ripple demonstrated its technology as OpenCoin at FinovateSpring 2013. National Australia Bank (NAB). Ripple currently features 15 of the top 50 global banks in its global network, with pilot projects for more than 30 banks already completed. Mizuho Financial Group (MHFG).