12/05/2019
Ripple is increasing its reach in the Asian market
They claim not to have created the asset or have no centralized control of it, something that is much questioned and debated within the cryptomarket.
FinTech
12/04/2019
Bahrain's Rsquare Technologies Signs MoU with Singapore's Startup Accelerator
The agreement builds upon strong 30-year diplomatic ties between Bahrain and Singapore
12/04/2019
Ping An's fintech halo is losing its glow
OneConnect reported a nearly US$150 million net loss in the first nine months of 2019
12/04/2019
India has highest concentration of fintech hubs in Asia
Emerging economies outrank developed countries in financial innovation
12/03/2019
Two years after Chase acquisition, WePay retains its autonomy
Aberman characterized the consequences of the acquisition as an expansion of WePay’s mandate rather than a “co-opting” of the technology.
12/03/2019
Singapore-based app-lending start-up scores $683m valuation
The app uses customers' personal data and machine learning technologies to determine eligibility.
12/03/2019
Avaloq Banking Suite adopted by Maybank Group
Avaloq has continued to expand in the Asia-Pacific region, winning new clients and expanding existing relationships due to the ‘future proofing’ capabilities of the Avaloq Banking Suite
12/03/2019
Reserve Bank of Australia reviews retail payments regulation
The Issues Paper discusses and seeks stakeholder views on a number of potential issues that could be covered by the Review
12/03/2019
As Chinese Digital Banks Arrive, OCBC Gets Ready
It’s attractive to us because it’s the way that we can test out in the new digital economy as to what we could do.
12/02/2019
Is Japan considering a digital currency?
The Bank of Japan’s Institute for Financial Research has released a report on legal issues surrounding a Central Bank Digital Currency.
12/02/2019
Philippine Business Bank taps Intellect Digital Core to power DX
To be the preferred bank of SMEs, PBB has been focused on increasing its branch network across commercial and industrial centers of the country.
12/01/2019
CITIC Launches Robo-Advisor in Hong Kong
The launch makes CITIC the first bank in Hong Kong to offer a goals-based robo-investment advisory solution.
11/29/2019
Apis Partners’ Investment In Coda Payments
Coda Payments is a payment processing firm that provides digital content providers alternative payment methods and helps them monetise games and digital contents.
11/28/2019
Liberty Securities Selects Broadridge to Simplify Post-Trade Processing for Hong Kong Equities and Derivatives
Broadridge’s consolidated multi-asset solution will help Liberty Securities increase efficiency with the highest level of straight-through processing automation.
11/28/2019
Cognizant to raise variable pay proportion for senior executives
The new compensation structure will be linked to business units
11/28/2019
Path Solutions chooses Nityo Infotech to strengthen its presence in South East Asia
This partnership is an expression of our confidence in Path Solutions’ top-notch Islamic banking technology, industry business practices, track record of fail-proof implementations, and world-class business model.
11/27/2019
Regtech firm Tookitaki adds $11.7m in Series A extension
The regtech firm’s existing backers Illuminate Financial, Jungle Ventures and SEEDs Capital also joined.
11/27/2019
Standard Chartered brings fintech to Greater Bay
Fintech banking unit just opened second Hong Kong-based eXellerator innovation lab; global head explains why
11/26/2019
OCBC Is Ready for Chinese Digital Banking Invasion, CEO Says
The Monetary Authority of Singapore unveiled plans this year to grant as many as five virtual bank licenses to boost competition and innovation in the nation’s financial industry.
11/26/2019
China Citic bank international (CNCBI): Redefining banking in Hong Kong and the greater Bay area
CNCBI welcomes various moves to promote banking innovation and development by the city’s central bank, the Hong Kong Monetary Authority (HKMA)