08/07/2016
Bitfinex Might Compensate Clients With Shares for Stolen Bitcoin
Bitfinex exchange decided to give all clients a 36% haircut across the board to cover for the affected bitcoin wallets.
FinTech
08/07/2016
SysArmy, Baker Tilly forge deal to boost cybersecurity preparedness in Malaysia
The partners will launch a full spectrum of integrated cybersecurity solutions to help local organisations in the initial phase of cybercrime prevention.
08/04/2016
OCBC to help pilot three fintech solutions for wealth management, home loan services
Three of the eight startups will now line up for a three-month pilot test at OCBC and Bank of Singapore in the fourth quarter.
08/04/2016
Uber Forced Out of China
Ride-sharing company the latest casualty of Chinese business climate hostile to foreign firms
08/03/2016
Charles River inks Asian deal
The Charles River Investment Management Solution gives us the capabilities and scale to grow our business,” said Thanavut Pornrojnangkool
08/03/2016
Bitcoin tumbles as hackers steal $65 million from Hong Kong exchange
In total, the mysterious hackers made off with 119,756 bitcoin, leaving Bitfinex customers seriously out of pocket.
08/02/2016
Trading Technologies launches new platform in Australian Liquidity Centre
David Raper, executive general manager trading services at ASX, says TT’s new platform will provide the community with an “innovative means” to access derivatives products on the Australian market.
08/02/2016
One of Australia's Top-Performing Funds Is on a Tech Spree
Magellan Financial Group Ltd.’s flagship fund is also betting on software maker Microsoft Corp. and Alphabet Inc., owner of the Google search engine and the Android mobile operating system.
08/02/2016
Looking beyond the hype at FinTech in Southeast Asia
It has announced a Smart Financial Centre, which includes the $225 million Financial Sector Technology and Innovation scheme and a regulatory sandbox environment to enable market entry for start-ups.
08/02/2016
PwC Singapore launches Venture Hub, one-stop shop for investors and startups
The team will be based in city-state and headed by Patrick Yeo, PwC’s Venture Hub leader.
08/02/2016
Bank of China to improve fintech services and platforms in Hong Kong
The bank also plans to strengthen its use of big data to eliminate suspicious activity and also to speed up its services like loan approvals.
08/02/2016
Looking beyond the hype at fintech in Southeast Asia
Regulatory change, a deep customer mistrust, and a seriously out of tune with reality technology stack and physical infrastructure all contribute to the opportunity to build exciting new companies in Financial Services.
07/29/2016
Fintech luring more bank customers, says UBS
Local UBS banking analyst Jonathan Mott along with analysts in London, New York and Tokyo contributed to the global report, titled Global banks: Is fintech a threat or an opportunity?
07/28/2016
WealthTrust lunches zero-commission wealth management app
The app allows investors to invest in direct plans of mutual funds of 25 fund houses, where no commission is paid to a distributor.
07/26/2016
Myanmar Microfinance Could See Fintech First
An initial test was conducted in June where microfinance transactions were successfully recorded in a blockchain.
07/26/2016
Capgemini enters list of top five IT employers in India
TCS remained the largest employer for 2015-16 while the Teaneck, New-Jersey headquartered Cognizant moved down to number three, making way for Sikka led Infosys, that stood second.
07/26/2016
Westpac backs AI for digital banking
What’s the best rate, this is what I want to achieve?
07/26/2016
VSoft develops app for instant transfer of money
Showcasing the app here, he said the app has a one-time registration to come on board the technology platform.
07/26/2016
How robo-advisers are seeking to change the investment management game
A bunch of them have started operations in India and have even raised venture funding over the past year or so. Startups such as Scripbox, Tauro, Wealthy.
07/26/2016
Let's not forget that RegTech is also about cybersecurity
The disruptive nature of RegTech provides benefits such as dataset agility, faster report speeds and integration, and analytics that are capable of mining large and complex datasets, the company says