01/20/2021
The allure of cryptocurrencies
Asian family offices take wait-and-see attitude towards digital assets
FinTech
01/20/2021
Lightnet Group, Velo Labs and Asia Digital Bank partner in Asia
By connecting legacy finance, CeFi and DeFi industries, Velo Labs’ Federated Credit Exchange Network positions Velo Labs as one of few blockchain projects with a clear path towards mass adoption.
01/20/2021
An evolving regulatory landscape of cryptocurrency in Hong Kong - An update
This alert highlights the proposed licensing regime and the reception by industry players.
01/20/2021
Rakuten launches Taiwan's first Web-only bank
Rakuten's banking services feature two special programs for customers that will serve as the bank's foundation in promoting financial innovation.
01/19/2021
Malaysia seen attracting more applicants for digital bank licences than rival jurisdictions
Many of the interested parties are expected to form consortiums to apply, as was the case in Singapore and Hong Kong.
01/18/2021
Digital payments overtake card transactions in Southeast Asia
Southeast Asia’s move to cashless had another shot in the arm during the pandemic, with contactless payment methods preferred
01/18/2021
MAS Enhances Guidelines to Combat Heightened Cyber Risks
The revised Guidelines have incorporated feedback received from the public consultation
01/15/2021
UBS Poised for Indian Fintech Deal
UBS is attempting to buy shares from Paytm employees, the news service reported.
01/14/2021
PlanetSpark Innovation Centre, First Hardware-targeted Accelerator for AIoT Innovations Led by Singapore Company, is Launched to Enable Tech Startups Achieve Market Deployment
Backed by its SGX-listed parent company Excelpoint and supported by Enterprise Singapore, PlanetSpark Innovation Centre will be investing an initial S$5 million to expand its engineering capabilities, expecting to benefit more than 30 local startups over
01/14/2021
Iress to deliver Tiger Brokers clients with direct access to SGX
This will be fully hosted and co-located in the SGX Data Centre, with Iress Pro trading software to be used by SGX dealers to supervise and manage trades.
01/14/2021
Premia Partners Launches New Report on Asia Innovative Technology
New report discusses Asia megatrends and offers a playbook to participate in opportunities from disruptive innovations and technology-enabled productivity growth benefitting through passage of time
01/14/2021
Technology leads finance for Ping An Bank
Digital transformation is a long term, ongoing strategy that has gained even greater momentum at Ping An Bank this year, complementing the entire group’s commitment to continuous innovation.
01/14/2021
CES 2021 Taiwan based startup AuthMe responds to digital banking transformation with turnkey solutions for eKYC and fraud detection
There have been pain points for a product or service to onboard their new customers when obliged to implement Know-Your-Customer (KYC) in order to provide a more personalized experience, or simply due to local regulators require so.
01/14/2021
Singapore's Sea acquires Indonesian bank to gain foothold in financial tech
Bank BKE began operations in 1992 with the primary goal of supporting the welfare of civil servants, according to its website.
01/14/2021
E-payments, fund transfers pip card transactions in South-east Asia
Grab has rolled out a micro-investment service and e-commerce installment plans, and could offer personal loans from bank partners through its app.
01/13/2021
Fidelity ups stake in Hong Kong cryptocurrency company
Bitcoin's price reached to a record $42,000 last Friday, more than doubling since early December, though the volatile asset dropped by as much as 19% on Monday.
01/13/2021
HSBC Becomes First Foreign Fintech in China
The new entity will initially provide centralized technology and data services to the bank’s mobile financial planning offering in the mainland – «HSBC Pinnacle Venture» – to target customers outside the branch network.
01/13/2021
NZ central bank says it was not specific target of cyberattack
"We have been advised by the third party provider that this wasn't a specific attack on the Reserve Bank, and other users of the file-sharing application were also compromised,"
01/13/2021
Gaining a Distribution Edge in APAC – The World’s Fastest-Growing Region
Broadridge Data and Analytics.
01/12/2021
Cognizant Acquires Australian Data and Analytics Consulting Firm
Acquisition Will Enhance Cognizant's Digital Portfolio and Market Presence in Australia and New Zealand