09/20/2018
Ping An to cast tech spotlight on Singapore’s wealth market
Its mobile application ‘Lu Global’ is being opened to Singapore-based clients with an minimum of US$1,000 to invest
FinTech
09/19/2018
Investree to be first P2P distributor of upcoming Indonesia gov’t sukuk issue - CEO
Details of the upcoming sukuk have not been revealed but Gunadi is optimistic of its size based on the success of the conventional bond issuance.
09/19/2018
China Cybersecurity and Data Protection: What you need to know about China's own GDPR
The Standards are the first set of national standards on personal information protection and are a key step to implementing the personal information protection provisions in the Cyber Security Law.
09/19/2018
FS firms admit spending £1m on wasted digital transformation
These findings suggest that right now many organisations are failing to follow through on these important projects, leaving organisations heavily out of pocket and at a digital disadvantage.
09/17/2018
Avaloq upgrades open software architecture designed to make banks more agile
The upgrade to Avaloq’s open software architecture allows financial institutions to consolidate IT operations onto a single platform.
09/17/2018
Fintech firms to get access to Singapore's real-time payment system
Singapore will form a Direct FAST industry working group
09/17/2018
SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan
MoneyTap’s website does not provide a specific launch date for the mobile app but does reveal the user interface (UI) while confirming the proposed launch, in fall this year (September-December).
09/14/2018
Crypto Giant Huobi Invests in Lux Regtech Startup
Huobi is the world’s third largest digital currency exchange by daily trading volume.
09/13/2018
Mobile app to offer free wealth management solutions
The actions then form the basis of a masterplan for all future financial and investment decision making.
09/13/2018
Indian Government Approves Bank's Blockchain Research
The approval is ex-post facto, meaning that Exim Bank has already signed a Memorandum of Understanding under the BRICS Interbank Cooperation Mechanism
09/13/2018
Virtual banking poised to rock Hong Kong banking market
Hong Kong Monetary Authority is expected to issue 8 to 10 licenses for first batch of virtual banks
09/12/2018
Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
Investors who have not converted their virtual crypto accounts into real-name verified ones cannot deposit Korean won into their accounts; they can only withdraw them.
09/12/2018
Thai Bank taps Nice Actimize for anti-money laundering solution
NICE Actimize’s automated AML and case management solutions will reduce investigation time and overall cost of compliance for the bank
09/11/2018
nCino Expands Presence to Sydney, Australia to Meet Increasing Demand in Asia Pacific for Advanced Technology and Digital Transformation in Banking
Leading cloud banking provider hires General Manager for Asia Pacific
09/11/2018
Australia Leads Blockchain Implementation: May Have National Blockchain Platform
Randall Brugeaud, who was appointed to be the CEO of the DTA earlier this year, identified the Australian welfare system as a near-term target for blockchain implementation.
09/11/2018
DBS wealth clients can now use WhatsApp and WeChat for banking services
To access the service, RMs can register interested clients in a private chat group with the bank.
09/11/2018
Bank of China’s US branches goes live with Fenergo solutions
Fenergo CLM provides BoC US Branches with an end-to-end client management solution
09/10/2018
Australia in driving seat as global blockchain standards take shape
Australia is chairing the International Standards Organisation group developing standards for blockchain and distributed ledgers and Mr Dunn is chairing the work.
09/10/2018
Standard Chartered’s Saadiq embraces digital in a big way
According to the report, 38 per cent of conventional banking users surveyed used digital banking, in contrast to only 26 per cent of Islamic banking users.
09/10/2018
China’s 9F Group aims for Hong Kong virtual bank license
Mainland Chinese fintech expert 9F Group has partnered with local and international firms to apply for a virtual banking licence in Hong Kong.