05/24/2018
Asia’s Tech Sector A New Magnet For Investors
Moves like this demonstrate just how big investors think the prize is.
FinTech
05/23/2018
Japanese Bank To Be First In Major Cryptocurrency Rollout
Some reports are also suggesting that the roll out of the MUFG coin will be followed by the production of cash machines, that will also work with a mobile phone app, designed to streamline the exchange system.
05/23/2018
Japan’s Tokyo-based Bank Mitsubishi UJF Testing an In-House Digital Currency ‘MUJF Coin’
MUFG Coins is an inevitability would “overcome issues of [existing] virtual currencies” like volatility “[to] create a highly useful currency” said bank president Nobuyuki Hirano.
05/23/2018
Singapore to adopt European e-invoicing standard
The city-state is the first country outside Europe to embrace the Peppol e-invoicing standard to speed up business transactions and lower operating costs for SMEs
05/23/2018
Major Banks Pilot Successful Thailand-Singapore Blockchain Remittance
The endeavor involved major Japanese multinational Mitsubishi Corporation, independent group company and Japan’s largest bank MUFG – which operates independently, and Singapore-based banking giant Standard Chartered.
05/23/2018
China Finance Online Reports 2018 First Quarter Unaudited Financial Results
Mr. Zhiwei Zhao, Chairman and CEO of China Finance Online, commented, “As we continued to ramp up our cloud-based software sales, our bottom line losses narrowed. After four quarters of streamlining our business units, our efficiency reached a new r
05/22/2018
Singapore's Largest ICO Advisory Centre Launches Most Ambitious ICO Consortium in the WorldS
The oversubscribed event drew investors from around the region, many of whom already hold substantial traditional investment portfolios
05/21/2018
Artificial intelligence to become commonplace at instos
The findings come from surveys conducted at Northern Trust client events in the first quarter of 2018.
05/20/2018
The innovation wave for banks by Profile Software
Latest technology and methodologies are utilised in its digital banking offering with a number of successful implementations around the world.
05/17/2018
GovPass pilot to launch in October; digital ID project to push 2.8m transactions online
GovPass to cut Tax File Number application time from a month to minutes, acting DTA chief executive says
05/17/2018
IBM and Keio University Announce Collaborations with JSR, MUFG Bank, Mizuho Financial Group and Mitsubishi Chemical to Accelerate Quantum Computing in Japan
The combination of IBM Q's quantum hardware, software, and scientific expertise with Keio University's 20 years of quantum computing research is why JSR, MUFG Bank, Mizuho Financial Group, and Mitsubishi Chemical joined our IBM Q Hub.
05/17/2018
PayPal, Alpha JWC Team Up To Invest In Southeast Asia FinTechs
The company is in the process of raising $100 million for a second fund that will continue to invest in FinTechs in Southeast Asia as well as consumer-facing companies in the region.
05/17/2018
Ant Financial extends dominance in Chinese online finance
Alibaba's fintech arm claims surge to 622m users and reveals scale of wealth business
05/17/2018
The World’s Second-Largest Maker of Bitcoin Mining Rigs Seeks $1 Billion Crypto IPO
A top China Securities Regulatory Commission official visited the company’s headquarters last month and ‘welcomed’ them to list domestically.
05/16/2018
HSBC and ING collaborate on blockchain-powered transaction
A letter of credit was issued using the Corda blockchain by HSBC to ING.
05/16/2018
Crypto Wars Take Asia
Some nations have embraced the cryptocurrencies sweeping across the eastern continent. Others are doing everything they can to block them.
05/16/2018
Deutsche Bank acquires Indian fintech company to help expand Open Banking
The bank says theacquisition significantly ups the game for Deutsche Bank’s Open Banking strategy.
05/16/2018
Avaloq opens state-of-the-art office and service facilities in Singapore
The pace of growth and the significant opportunities have fuelled the need for new facilities and an expansion of Avaloq’s local infrastructure. While Avaloq’s existing services premises in the
05/16/2018
Asia Is Shifting Toward Digital Banking: McKinsey Survey
Customers prefer to use digital channels for simple transactions such as checking their bank account balance, peer-to-peer transfers or paying bills.
05/16/2018
Digital wealth management still in its infancy: report
While 34.6% of wealth management products are sold online, it is second to the US's 40.7%, leaving much room to grow