05/15/2019
EU and Singapore: accelerating digital transformation and delivering value
Digital transformation is about people and technology.
FinTech
05/15/2019
JP Morgan throws weight behind Indian business payments fintech
Its cloud-based platform – Freepay – facilitates the electronic sharing of invoices, handling of payments and comprehensive management of transaction information between B2B buyers and sellers.
05/14/2019
NAB raises the white flag on IT outsourcing
The bank disclosed as part of its first half results this month that it had suffered the worst rate of critical incidents to its service or payment channels in three years, with eight in the quarter.
05/14/2019
Singapore and China ink major fintech collaboration agreement
AFF executive president Du Yan added that the emerging fintech era requires more international communication
05/13/2019
Sampath Bank wins 3 awards at Infosys Finacle Client Innovation Awards 2019
The Bank’s iGift mobile app which set up a new gifting trend was declared the Gold winner of the ‘Emerging Technology led Innovation’ category.
05/13/2019
Financial Sector Cyber Resilience Relies on Global Cooperation – FSB
To facilitate effective communication between authorities and with the private sector, the FSB also published a cyber lexicon, which comprises a set of about 50 core terms related to financial sector cyber security and cyber resilience.
05/10/2019
Surveys suggest 68% of high net-worth investors will own cryptos by 2022
The first of several surveys came from the Dubai-based deVere Group, an independent financial advisory organization.
05/10/2019
Telenor CEO vows to 'control' Asia tie-up with Axiata
Singtel and Viettel are also bent on Southeast Asian domination
05/10/2019
Intelligence Brief: Can Asian MNOs play in mobile pay?
From a mobile payments perspective, China is very much the poster-child.
05/10/2019
Bank Of Thailand Building Blockchain Solution For Crypto Project
They built the prototype as part of the central bank’s digital currency project, called Inthanon.
05/10/2019
Australian SME challenger bank goes live with Temenos
Judo Bank selects cloud-native, cloud-agnostic Temenos T24 Transact to transform the SME experience
05/10/2019
Hong Kong’s internet banking pioneer says it will stay above the fray in city’s rush to embrace virtual banking
The eight new licences are the largest number of new comers in a single year, and increase the local incorporate banks by one-third
05/09/2019
Chinese AI start-up Megvii raises $750 million ahead of planned HK IPO: Reuters
Reuters reported in December that Megvii was targeting raising $500 million in a new funding round.
05/09/2019
Singapore Fintech Firm Heading into Indonesia
P2P lending platforms have gained popularity and have grown rapidly in Indonesia.
05/09/2019
Bank workers who survive robot uprising stand to make more money
Forty per cent of existing jobs at financial firms could be automated with current technology, McKinsey said.
05/08/2019
Sumitomo Mitsui Trust Bank (Japan) selected Acumen-net to be deployed across 6 Overseas Offices to support their Treasury Operations
Acumennet will also support flexibility and efficiency of operations by integrating several dealing platforms currently used by SuMiTB.
05/08/2019
Singapore MBC Foundation Creates a New Era of Block Chain Wealth
Create a new economy of wealth and maximize the value of investment
05/08/2019
Sharesies granted robo-advice licence
According to Roberts, there are a large number of people “prevented from getting appropriate investment advice because they don’t have big enough portfolios.
05/07/2019
Robos face headwinds in Hong Kong
Only two other fintech firms are known to have launched robo-advisory platforms in Hong Kong: Yunfeng Financial and Magnum Research.
05/07/2019
Paperless Trade Financing an Inevitability
The paper-filled world of trade financing is ripe for reform as the expertise of forgers in faking documents used by banks is forcing the trade financing industry to digitalize.