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FinTech

01/24/2017

Thai bank SCB to invest up to $1.1 bln in tech infrastructure over 3 years

The plan may include investments in Europe and the United States.

01/20/2017

Accuity Wins the Asian Private Banker Technology Award for the Best Compliance Solution

Accuity is honoured to receive this award from Asian Private Banker, which recognises our capability in the compliance space

01/20/2017

Seeking Unicorns: Indian Billionaire Kapoor Introduces Yes Fintech Accelerator

Yes Fintech Accelerator aims to help Yes Bank co-create disruptive innovations in the financial inclusion

01/20/2017

FinTech Robo Advisor Aimed at Women in Asia

Miss Kaya, the platform designed as the first women focused financial platform in Asia

01/19/2017

AI-Based Fund Mirae Asset Management Launches AI-Based Fund

Mirae Asset Management established Korea's first artificial intelligence-based finance research center

01/17/2017

Capgemini seeks nod for 'excess' pay to exec

There is no option but to go to the central government for excess remuneration

01/16/2017

For HSBC, the future is robo-advice and Asia

The CEO of the bank’s asset management business sees growth in pension provision

01/16/2017

RM100 million fund for biotech companies

The government has taken into consideration that bio-based companies require a longer gestation period.

01/13/2017

Indonesia issues new fintech law for lending firms

Foreign ownership is limited to 85%. So this adds a layer of complexity for those looking to set up in Indonesia as they have to find a local partner.

01/13/2017

HSBC targets Hong Kong millennials with new social payment app

The new app’s concept is similar to that of Zelle and Venmo in the US, which are locked in a duel for the millennials’ market.

01/13/2017

Rising Asian Fintech Investor AMTD Goes Global

As China’s online finance market grows, the Hong Kong firm is pursuing investment and partnerships at home and overseas.

01/12/2017

DIFC launches FinTech Hive at DIFC’, the region’s first fintech accelerator

FinTech Hive at DIFC aims to empower entrepreneurs to innovate and meet specific market needs.

01/12/2017

UBS and the Robo-Girl JiaJia

The technology will generate some 50 million jobs over the next decade

01/12/2017

Postal Savings Bank of China Teams with IBM to Build Blockchain-Based Asset Custody System

Blockchain technology has the potential to eliminate the trust frictions in financial business activities

01/12/2017

Hong Kong consumers open to robots in retail financial services, says survey

77 per cent of Hong Kong respondents welcome robo-advice about opening a bank account

01/11/2017

Philippines: Fintech startups Acudeen, First Circle join hands to target SMEs

First Circle CEO Patrick Lynch said the partnership with Acudeen expands opportunities for thousands of Philippine SMEs to expand their business.

01/11/2017

S. Korea to foster blockchain financial services

A government-civilian consortium on blockchain was created last month.

01/11/2017

K-Bank leads South Korea’s entry into the Internet only banking race

Kakao Bank is the other Internet-only bank to have received preliminary approval in November 2015.

01/09/2017

China Rapid Finance Partners with Tencent Licaitong on New Investment Products

By facilitating small consumption loans for EMMAs, CRF helps its users to build credit histories.

01/09/2017

Chinese Search Engine Gains Online Banking License

Baixin Bank has not given a definitive timeline for when its full suite of services will be available to consumers in China.

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