08/14/2019
Overseas Filipino Bank to become first digital lender in PH by 2020
The digital OF Bank will also provide a platform for bills payment, Borromeo said.
FinTech
08/14/2019
Hong Kong’s financial technology is getting traction
The HKMA has also opened an application programming interface to enable startups to develop their own applications (apps).
08/14/2019
Zheshang Fund Aims to Launch China’s First AI-Managed Mutual Fund
China’s unique social and political risks also lend themselves better to human analysis under certain circumstances, industry insiders say.
08/13/2019
China Cybersecurity and Data Protection: a major overhaul of the proposed data localisation regime
If enacted, the 2019 Draft Measures will have a significant impact on the way that personal information export is regulated and will increase the compliance burden for both domestic and overseas companies that collect personal information from China.
08/12/2019
China’s central bank digital currency is “ready” after 5 years of development
According to Changchun, the currency has been in the research and development phase since 2014.
08/11/2019
InfoTrack named a top 10 leading innovator in technology
The award measured top innovation initiatives implemented in the last 12 months.
08/09/2019
Personal finance platform CompareAsiaGroup raises $20m
This will provide the finance platform with access to Experian’s Digital Onboarding Platform, Decision Management and Eligibility Scoring services.
08/09/2019
Deutsche Bank rolls out digital signatures for Asia Pacific clients
“This development also aligns with our corporate focus to drive digitalisation in our processes” added Lui.
08/09/2019
Singapore's Digital Banks: Davids vs Goliaths?
The country's easily accessible digital infrastructure has also enabled traditional banks to deploy sophisticated solutions that are often the strength of digital banks elsewhere.
08/08/2019
Click bots are the biggest fraud problem in fintech in SEA
The financial sector is the most exposed to ad fraud due to the high pay-out it offers and its popularity as the third-largest app category.
08/08/2019
Fintech non-bank lender Ebury enjoys rapid growth, opens Melbourne office
Support from customers was so strong that Australia could become the number three market for Ebury trade finance globally, according to loan value, by 2020, he said.
08/08/2019
PT Bahana TCW Investment Management Automates Investment Operations with SS&C PORTIA
“We continue to invest in product development and market expertise to remain a leading solution provider in APAC.”
08/08/2019
Masayoshi Son hurries out Vision Fund 2 before market turns
SoftBank founder does not want to see high valuations of investments cut
08/07/2019
Fintech Platform Acquires Securities Firm
The acquisition «enhances the Group’s leading position in the alternative lending market and enables us to immediately ramp up our engagement with sophisticated investors via debt securities fundraising and credit fund management,» Helic
08/05/2019
The Pulse of Fintech H1 2019
The fintech market in most areas of the world remained relatively strong and well poised for growth.
08/05/2019
moneycorp acquires the Rochford Group in Australia
Rochford’s specialist treasury services offer bespoke solutions to clients, allowing them to manage the impact of treasury risks on cash, profitability and their balance sheets.
08/04/2019
PNB to strengthen ASNB’s digital footprint
“By early next year, we hope the platform will be up and running on 3 to 4 more banks, in our efforts to make financial inclusion easier for all our current and future (ASNB) unitholders,” he told Bernama.
08/02/2019
Singapore-based wealthtech startup Bambu raises USD 10 million in Series B round
The funding round was led by Franklin Templeton who also invested in Bambu’s previous rounds.
08/02/2019
Blockchain in trade finance making strides
Blockchain in trade finance makes strides as it is becoming increasingly used by corporates and governments
08/01/2019
IRESS as preferred provider for core advisory software
IRESS is a technology company providing software and services to the financial services sector across investment management, financial advice and trading and market data.