07/02/2019
Japanese Regulator Says Libra is Not Crypto, Gives the Green Light
The law firm said that Facebook is unlikely to face much in the way of push-back from Japanese legal authorities.
FinTech
07/02/2019
Silverlake and Japanese Fintech Launch Mytheo Robo Advisor
60,000 Japanese investors as users and US$300 million in assets
06/30/2019
Open banking era set to begin in Australia on Monday
The effective use of data and access to new value-added services will slowly become a major decision-driver for consumers when it comes to choosing or changing who ‘owns their relationship’."
06/30/2019
Millennials key to the future of Islamic banking
Sharia-compliant banks step up investments in digital space to cater to this demographic
06/30/2019
Kenya says to broaden cooperation with China over financial technology
Early this week, financial sectors regulators from China and Kenya held fruitful talks in Nairobi on cooperation in the fintech sector.
06/29/2019
Singapore to issue new digital banking licences to non-banks
Banks worldwide face increasing competition from technology firms
06/27/2019
Avaloq CEO: Making Banks and Wealth Managers «Future Ready»
Many banks rely on our technology and services on their wealth journey, and working with them, we see that more and more data is produced every day, while an increasing amount of regulations impacts the preparation time for advice.
06/27/2019
Singapore's fintech adoption almost triples in 2 years
outshining Singapore, China and India emerged global leaders with a 87% consumer fintech adoption rate.
06/27/2019
Singapore's fintech adoption almost triples in 2 years
Globally, an average 89% of consumers are aware of the existence of in-store mobile phone payment platforms and 82% are aware of peer-to-peer payment systems and non-bank money transfers.
06/25/2019
HSBC-backed startup aims to become LinkedIn of global trade
Bank chief John Flint plans to invest up to $17bn by 2020 on technology to boost growth
06/25/2019
How Millennials and Gen Zers are Forcing Luxury Brands into E-commerce
Luxury is an emotional purchase, so why not allow a consumer to choose when or where they want to buy it?
06/23/2019
Bravura will need round three to win GBST
Street Talk understands GBST's board will meet to consider Bravura's revised $2.72 a share all cash offer, which trumped an earlier scrip and cash proposal that valued its target at $2.50 a share.
06/21/2019
JP Morgan launches cross-border digital payments in China
J.P. Morgan has been actively exploring how emerging technologies such as blockchain, AI
06/21/2019
What's new with fintech development in Asia?
Investment sentiment continues to be ripe in the region with growth opportunities and Singapore establishing itself as a fintech hub
06/20/2019
J.P. Morgan Launches E-Customs Payment Solution To Digitized Cross-Border Payments In China
The solution solves common pain points associated with the manual nature of such transactions.
06/20/2019
AI to reorganise Asia's insurance landscape
The insurance industry in Asia is mostly welcoming of AI, and, according to Srikanth Venkatesan, Asia-Pacific head of insurance at Cognizant, the region is at the forefront of adopting newer technologies.
06/20/2019
HSBC’s scrapping of minimum balance fee for Hong Kong clients may prompt rivals to follow as they brace for competition with virtual banks
Other major banks are likely to follow suit, say analysts, as they get ready to fend off competition from eight virtual banks due to launch this year
06/19/2019
FinTech in Asia: Tale of Two Cities, a Hawksford insight
In the FT’s 2018 1000 High-Growth Companies Asia-Pacific index, (Reference – FT article, April 2018), FinTech companies from the APAC region topped rankings.
06/19/2019
Insurer to add value via tech
The app offers discounts on services and retailers like Jenny Craig, The Iconic, Garmin, Allen Car's Easyway Quit Smoking program and DNAfit.
06/18/2019
Singapore's 3 big banks can defend market share against fintech threats: Moody's
Equipped with vast financial resources, banks have been expanding their payment services in South-east Asia.