Navtej Singh of Tagit wants to be Asia’s mobile banking czar

If you’re using a mobile banking app in Singapore to review your finances, chances are, it is made by Tagit. Started by serial entrepreneur Navtej Singh in 2004, Tagit is a mobile solutions company specializing in mobile banking apps.

While it struggled early on for being ahead of time, Tagit is now working with many of the leading banks in Asia.

Their extensive portfolio includes banking apps for DBS, UOB, MayBank and Standard Chartered in Singapore, Commonwealth Bank and CIMB in Indonesia, Vietcom Bank in Vietnam, Citibank in India,  CBQ in Qatar, and RBC in Canada. In Kuwait, they have developed a mobile payment aggregator app in collaboration with a local partner.

This is just the beginning. Besides signing up more banks as customers, Tagit plans to go full-force into the mobile payments space by creating apps that aggregates merchants and lets users easily pay for their services. It is also working on an open platform to let developers build apps using their SDK. Read more

Maybank Singapore app: Pay bills and transfer funds from Singapore to Malaysia

Maybank has launched a new mobile banking app last month that, on top of its core banking services, lets customers pay bills and transfer funds from Singapore to Malaysia. This feature could be useful for Malaysian professionals working in Singapore.

The app has a fully customizable loading page with reminders of your personal savings goals and ”Spin-a-Wheel” game rewards with instant prizes. It also has location-based features to conveniently locate Maybank’s branches, ATMs and allied networks.  Read more