10/24/2019
Singapore: Digibanks Should Not Pursue Mindless Market Grab
The statement comes as a range of technology firms and fintechs eye the digital licenses being offered in Singapore.
FinTech
10/24/2019
CIMB Singapore and iTrust link up for trade finance blockchain transaction
The platform aims to address many of the fraud risks facing trade finance, such as phantom cargoes, fabricated documents and theft, by making the end-to-end trading process more transparent.
10/24/2019
Bank-grade ID company Fractal partners with Philippine-based investment platform Seedbox, providing bankless access to mutual funds
The Berlin and Singapore-based identification management company signs an agreement with Seedbox to put the effort in driving financial inclusion in Southeast Asia, starting with the Philippines
10/23/2019
Leading Japanese Bank SMBC Completes Blockchain Cross-Boarder Test Using R3’s Marco Polo
After Indorama Ventures, Mitsui & Co and Bangkok Bank successfully finalized a cross-border proof of concept payment, Sumitomo Mitsui Banking Corporation, who is Japan’s third biggest bank for assets under management, plans to leverage R3
10/23/2019
Pictet AM pushes disruptive tech theme
Pictet looks to the future with a promotion tour of Asia for its three multi-billion dollar security, digital and robotic funds.
10/23/2019
Bank of China Blocks Fingerprint Access via Samsung Devices
The company said the malfunction was probably related to the use of screen protectors.
10/22/2019
G20 Finance Leaders Agree to Regulate Stablecoins
G20 finance leaders have agreed to impose regulations on global stablecoins
10/22/2019
CBA tech woes show terrifying software butterfly effect
The impact can quickly go national and will not necessarily be confined to the bank's own customers.
10/22/2019
HSBC Global AM to set up in Malaysia
The firm is seeking to hire key business and investment officers who will be based in the country.
10/22/2019
Indonesia issues world's first blockchain sukuk
Islamic financial firms are incorporating social elements, such as environmentally-friendly and sustainable practices, to widen their appeal beyond religiously-minded customers in the Gulf and Southeast Asia.
10/21/2019
Nikko to launch thematic ETF in Hong Kong
The firm joins other managers who have launched several themed products this year.
10/20/2019
China’s cryptocurrency plan has a powerful partner: Big Brother
The system emerging in China looks very different from bitcoin and other cryptocurrencies that enthusiasts have championed as tools of emancipation from big banks and governments.
10/20/2019
Financing innovation requires innovation in finance
This is where the STAR Market plays a role.
10/20/2019
Chinese AI company urges IPO despite U.S. blacklisting
The White House blacklisted eight Chinese companies this month, accusing them of being implicated in human-rights violations against Muslim minorities in the country's far-western region of Xinjiang.
10/18/2019
Damian Hitchen: «The Next Step of Swissquote's Growth Story Is in Asia»
A number of acquisitions since 2010 has allowed the bank to consolidate its position as a leader in online trading.
10/18/2019
Self-reflection needed in treasury management
Companies always need to evaluate the processes and tools that generate operational efficiency
10/17/2019
A Robo Alternative for Savvy Investors
Hong Kong, Australia and Indonesia are potential markets for expansion
10/17/2019
Singapore’s First Blockchain Trade Financing Platform Launched
CIMB Bank's Singapore Branch and iTrust have launched Singapore's First Blockchain Trade Financing Platform, and successfully completed their first structured trade financing transaction on the platform.
10/17/2019
Vietnam ed tech startup aims to fill Southeast Asia's talent pool
E-learning platform Topica helps young workers reskill for the digital age
10/17/2019
Apiax Raises $6.6 Million Series A Funding and Expands to Singapore
Apiax was the Startup of the Year at the Swiss FinTech Awards in March 2019 and also named by Fintechnews.ch as one of the Hottest Fintech Startups in Switzerland.