11/24/2020
This e-bulletin summarises the latest developments in cybersecurity and data protection in China with a focus on the regulatory, enforcement, industry and international developments in this area.
11/24/2020
According to the announcement, the Philippines market is ripe for innovation and disruption – around 70 percent of the population of the Philippines is considered unbanked, while the country has very high mobile penetration
11/23/2020
US tech giants have been making more beachheads in financial services an area where their Chinese rivals are already well advanced.
11/23/2020
The partnership currently has a combined community that exceeds 750,000 members.
11/23/2020
The augmented intelligence component and overall scalability of the Optimiser solution is a distinguishing point.
11/20/2020
The initial pool was further shortlisted to 140 firms before 12 finalists were selected.
11/20/2020
Other Singapore names that remain invested in OakNorth include the Economic Development Board of Singapore's EDBI, and the Singapore-based private investment firm Clermont Group.
11/20/2020
Traditional players unfazed even as digital newcomers offer higher interest rates
11/20/2020
Miners struggling to liquidate crypto holdings because Beijing has frozen bank accounts
11/19/2020
China Cybersecurity and Data Protection: What you need to know about China’s draft Personal Information Protection Law
The draft PIPL also lays down obligations on processors when sharing and transferring personal information to third parties.
11/19/2020
The transaction is expected to close in the first half of 2021
11/19/2020
BOCHK launches brand new Design and Features for Mobile Banking
The pandemic has accelerated the digitalisation journey of BOCHK, and we are seeing an exponential growth in our digital transaction volume.
11/19/2020
HSBC Malaysia: More banking transactions to be done digitally post-Covid-19
HSBC said it remains to be seen how far people will be willing to use video platforms as part of this interaction, which may depend on factors such as how long social distancing persists.
11/19/2020
The rapid development in consumer technology has driven customers to expect instant services and the delivery of frictionless solutions and platforms.
11/19/2020
Singapore Customs Digitalizes Banker's Guarantee Process
During the pilot it accounted for about 65 percent of the BGs issued by the participating banks to the Singapore Customs.
11/19/2020
Japan has among the most cash-loving people in the world, with cashless payments making up only 20% of total settlement - well below the United States, with 45% and China with 70%.
11/18/2020
Lu and Kasikornbank launch online wealth management platform FinVest
The new digital investment platform is aimed to help retail investors in Thailand
11/18/2020
Early Days for Virtual Bank Competition in Hong Kong
Many of the VBs offer much more attractive deposit rates than those offered by the incumbents.
11/18/2020
Hong Kong investors embrace tech platforms
Hong Kong investors remain proactive investors despite Covid-19, a Calastone survey found.
11/18/2020
Good data housekeeping is the first step toward reliable client reporting
A single source of truth applies to a data domain