SINGAPORE, March 24, 2025 /PRNewswire/ — Rently Pte Ltd, Singapore’s fintech startup in the property sector, has declared war on rental scammers with its integrated services technologies that offer secure housing rental transactions for tenants and a smooth process for landlords.

Between January and October 2024, over 430 rental scam cases were reported in Singapore, resulting in losses of at least $2.7 million. Common scam tactics include fake rental listings on Facebook and Carousell, and impersonating legitimate property agents. The surge in scams has added to market challenges, including rising vacancy rates, and increased disputes, with landlords bearing the burden of paying government wealth taxes on vacant properties.

Rently addresses these challenges by offering essential solutions such as landlord verification, secure payment methods, and advanced scam prevention technologies. The platform’s Rently Care service, Asia Pacific’s first deposit-free subscription, provides tenants with financial flexibility while protecting them from rental scams and disputes. Rently Care allows tenants to rent without a deposit, as Rently covers the deposit for landlords, alleviating the financial burden on tenants and ensuring landlord security.

A real-life example of Rently’s impact is seen in the story of JM and Faz, a couple who lost S$7.2K in a deposit scam through a fake Facebook rental listing. After the incident, they turned to Rently for support and have since partnered with the platform to spread awareness about fighting rental scams, sharing their experience to help others avoid similar pitfalls.

Rently enhances security by collaborating with ExpatHandovers for thorough inventory checks, often identifying hidden or costly issues that might otherwise go unnoticed. Tenants also benefit from complimentary home contents insurance underwritten by Chubb, adding an extra layer of security.

All property listings on Rently are verified through Singpass MyInfo, ensuring only verified and trusted partners are listed.  As an associate partner of the Real Estate Developers’ Association of Singapore (REDAS), Rently collaborates with reputable co-living and serviced apartment providers, such as Habyt, Far East Hospitality, and Casa Mia, ensuring secure and reliable housing options. The platform features an AI-powered application process along with AML (Anti-Money Laundering) and anti-fraud checks, creating a safe and transparent rental environment.

Rently also offers a hassle-free process for landlords. Landlords can list properties for free, receive security deposits directly from Rently, and manage contracts seamlessly with Singpass integration. Rently’s platform enables landlords to draft professional-grade contracts in just 60 seconds ensuring fairness and consistency and simplifying the rental process

Through Rently Pay, a free service that ensures timely rent payments, landlords receive one month of guaranteed rent payout in case of tenant default. Rently pays rent in advance to landlords and then deducts the amount from the tenant’s account, ensuring the full payment is received with no deductions

“At Rently, we are committed to transforming the public’s perception of housing rentals by making the process secure, seamless, and scam-free. We are collaborating with Habyt to automate end-to-end payments enhances convenience and transparency. We are also planning to introduce a platform and helpline for deposit disputes, offering services and information to assist individuals in recovering their funds,” said Shirley Tang, Chief Growth Officer, Rently.

About Rently

Founded in 2022, Rently Pte Ltd is a Singapore-based fintech startup in the property space that provides deposit-free rental solutions through their proprietary Rently Care subscription and property management services via the Rently app’s inventory feature. Rently allows the flexibility of listing any property type and aims to connect potential tenants with landlords, agents, and enterprises in a secure and effective way. The platform ensures that the process of renting a property is transparent, safe, and efficient. Rently is also a subsidiary of REFIN Group Limited.

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SOURCE Rently

– Fostering AI Talents through Informatics Olympiad Sponsorship

6th Informatics Olympiad concluded with record-breaking participation, sponsored by Hanwha Life for the second consecutive year

New Artificial Intelligence (AI) track introduced to foster digital talents for global financial innovation

“Hanwha Life Lecture Series” has empowered local community with digital finance education

Hanwha Life is taking the lead in nurturing the next generation of talent as a returning sponsor of the Vietnam Informatics Olympiad while introducing an AI track. This initiative goes beyond corporate social responsibility as Hanwha Life aims to support the development of AI talents in Vietnam and drive sustainable innovation.

DA NANG, Vietnam, March 24, 2025 /PRNewswire/ — The 6th Informatics Olympiad, exclusively sponsored by Hanwha Life, was successfully held from March 21 to 22 at Vietnam-Korea University of Information and Communication Technology(VKU). As a premier IT competition, the Olympiad identifies and fosters outstanding talents across Vietnam. The company has been sponsoring this event for two consecutive years, thus strengthening its commitment to regional technological advancement.

This year, the competition garnered significant attention, with a record-breaking number of participants. The number of participating schools surged by 48.3% year-on-year to 525 institutions, while student participation increased by 19.5%, with 2,848 competitors—the largest turnout so far. These figures show the growing interest in Vietnamese IT sector as well as the growing influence of increasing competition. Huynh Cong Phap, President of the VKU and Chairman of the Organizing Committee, Le Thi Bich Thuan, Director of Education and Training Department of Danang City, Hong Jeong-pyo, Senior Executive Vice President of Hanwha Life, and Shin Jung Won, Head of Corporate Social Responsibility of ChildFund, attended the event to encourage participants and discuss the significance of the competition.

The newly introduced Artificial Intelligence (AI) track was an exceptional contribution to this year’s event, marking a milestone in the competition’s evolution. This aligns with Hanwha Life’s vision of promoting AI and digital innovation within the global financial industry. The company has been actively expanding its AI research and business operations, establishing specialized units such as AI Division, AI Research Lab, and Hanwha AI Center (HAC) in San Francisco. These efforts aim not only to drive financial service innovation, but also to enhance personalized digital experiences for customers.

The winner of the AI track, Phùng Nguyễn Như Bách, stated, “I am sincerely grateful to Hanwha Life for providing a platform that showcases Vietnam’s AI capabilities on the global stage.” Vietnamese participants have made their mark internationally. Last year, the Super Cup champion went to compete in the International Olympiad in Informatics (IOI), securing an impressive two gold medals, one silver medal, and one bronze medal.

During the competition, the company hosted “Hanwha Life Lecture Series”, providing the participants and residents with insights into global finance and fintech. The event featured a keynote lecture by Jung Yoo Shin head of Korea Digital Economic and Financial Institute and a professor at Sogang University, titled “Digital Finance and Korean Fintech & Best Practices.” Through this initiative, the company aimed to enhance financial literacy among local youth and inhabitants, contributing to the development of the Vietnamese financial ecosystem while expanding its future customer base.

Hong Jeong-pyo, Senior Executive Vice President of Hanwha Life, said, “The introduction of the AI track and financial education initiatives are part of Hanwha Life’s overseas CSR strategy, ‘Future Plus Global.’ Through this program, we will strengthen global financial and digital capabilities of local youth. We will also continue to seek out local talents and develop regional financial education infrastructure.”

Huynh Cong Phap, President of the VKU and Chairman of the Organizing Committee, added, “Thanks to Hanwha Life’s strong support as well as the introduction of the AI track, young Vietnamese have gained a valuable opportunity to grow as future leaders. This competition evolves into an inclusive platform where young talents can showcase their potential, regardless of their socioeconomic background.”

Meanwhile, Hanwha Life remains committed to nurturing future talent in Vietnam’s finance and ICT sectors through its ongoing phased initiative in collaboration with ChildFund Korea.

Vietnam-Korea University of Information and Communication Technology (VKU):
Vietnam-Korea University of Information and Communication Technology (VKU) is a key institution for training talents in the field of Information and Communication Technology (ICT) under Da Nang National University. Established in 2007 as a specialized IT university and supported by the Korea International Cooperation Agency (KOICA), it was later upgraded to a 4-year ICT university, recognized for its high level of specialization. It is currently striving not only to become the leading ICT-focused university in Central Vietnam, but also one of the leading universities throughout the country.

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SOURCE Hanwha Life

HONG KONG, March 23, 2025 /PRNewswire/ — HashKey Chain announced that the tokenized USD Money Market Fund, “CPIC Estable MMF”, initiated and managed by CPIC Investment Management (H.K.) Co, Ltd, was successfully deployed on HashKey Chain, with subscription volume reaching USD 100 million on its launch day. This deployment enhances HashKey Chain’s position in the institutional DeFi sector and solidifies its status as the preferred blockchain for traditional finance and RWA assets. Through its compliance-driven, secure, high-performance infrastructure and comprehensive DeFi ecosystem, HashKey Chain is empowering asset liquidity and supporting global financial digitalization.

Efficient, Low-Cost, Compliant On-Chain Finance
Through deployment on HashKey Chain, CPIC Estable MMF supports flexible capital operations, providing institutional investors with transparent digitalized asset allocation tools. HashKey Chain improves fund management efficiency while its architecture ensures security and reduces costs. Currently, each on-chain Gas Fee is below USD 0.001, enabling efficient liquid asset configuration.

Dr. Xiao Feng, Chairman and CEO of HashKey Group, stated: “The essence of finance is the flow of value across time and space, and blockchain is the new infrastructure for this process. CPIC Estable MMF’s tokenization enables on-chain management of fund shares, creating a deep integration of traditional finance and blockchain technology. As a compliance-driven blockchain solution, HashKey Chain provides an efficient and transparent blockchain environment for this innovation, ensuring the stability and liquidity of assets on-chain. HashKey Chain will continue to optimize cross-chain interoperability and smart contract capabilities, providing compliance-first and efficient infrastructure support for more institutional-grade financial products, accelerating the digital and intelligent upgrade of global financial markets.”

Compliance-Driven Blockchain Supports Traditional Finance Upgrade
CPIC Investment Management (H.K.) Co. Ltd is a subsidiary of China Pacific Insurance (Group) Co., Ltd. and serves as the initiator and manager of CPIC Estable MMF. thePAC is its tokenization issuance platform, with Standard Chartered Bank providing custody, registration, and fund administration services. The fund is only available to professional investors and invests in USD-denominated short-term fixed income assets and high-quality money market instruments.

CG ZHOU, CEO of CPIC Investment Management (Hong Kong) Company, commented: “Web3 isn’t created out of thin air; it needs to be built step by step. Integration with traditional finance is an important direction for future Web3 development and one of the directions with the greatest certainty. The issuance of the tokenized USD money market fund represents a milestone step for CPIC IM Hong Kong in this direction. Moving forward, we will fully leverage our advantages as excellent traditional financial asset managers, using RWA technology to tokenize more traditional assets, and relying on compliance-driven public blockchains like HashKey Chain to provide the Web3 world with more quality assets that offer real yields.”

Leo Zhu, Head of Tokenization Ecosystem, stated: “The current RWA ecosystem is experiencing exponential growth, with each successfully implemented project weaving new nodes into this value network. Together with HashKey Chain, we are committed to building value interchanges connecting on-chain liquidity pools with off-chain assets, achieving the migration of funds and assets toward greater efficiency through smart contract-driven liquidity mechanisms. This vision requires collaborative innovation from HashKey Chain and multiple parties. We welcome asset issuers, managers, and global capital partners to join hands with us in collaborative innovation.”

HashKey Chain will continue collaborating with leading global financial institutions and compliant Web3 projects to launch more innovative financial products under the “Compliance-First Infrastructure + On-Chain Finance” framework, focusing on MMF, stablecoins, and RWA to provide efficient on-chain asset management solutions for global investors.

About HashKey Chain
HashKey Chain is the preferred blockchain for financial institutions and RWA tokenization, dedicated to promoting compliant and scalable Onchain Finance. As a compliance-friendly blockchain infrastructure, HashKey Chain provides a secure and transparent on-chain environment for institutions.

HashKey Chain inherits Ethereum‘s decentralized security while enhancing transaction efficiency through high-performance optimization, ensuring on-chain asset stability and traceability. Its low-cost solution offers minimal Gas fees and high throughput, enabling efficient circulation of MMFs, bonds, funds, and stablecoins while reducing institutional operational costs.

HashKey Chain collaborates with leading financial institutions and compliant Web3 projects to provide solutions for institutional DeFi, RWA tokenization, and stablecoin settlement, accelerating the financial system’s digital transformation.

Official website: https://hsk.xyz/
Disclaimer: https://group.hashkey.com/disclaimer-group/blank-1

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SOURCE HashKey Group