09/11/2019
Why China’s Rushing to Mint Its Own Digital Currency
Some questions remain, including the impact on commercial banks as well as Big Tech companies such as Ant Financial and Tencent Holdings Ltd. that already offer payment services.
FinTech
09/11/2019
Glue42 wins bet on new market segment and expands footprint
In July, the team also expanded beyond its existing wealth management portfolio into new markets and added a sports betting company as well as an alternative asset management firm as new clients.
09/10/2019
Open banking best for consumers
Australia's banking revolution will extend beyond our shores, predicts the founder and chief executive of online lender Tic:Toc, Anthony Baum.
09/10/2019
The future of money is being built in Asia
More than US$1.8b in crypto currencies are traded daily on Asian exchanges.
09/10/2019
Australia gives banking licence to mobile startup firm Xinja
An inquiry by the country's top economic adviser found that a lack of banking competition has been detrimental to customers.
09/10/2019
StanChart eyes digital banking licence here
Lender looking for like-minded local partners to support potential bid for MAS permit
09/10/2019
Lufax Uses New Data Types and Advanced Fintech to Optimize Wealth Management
The system takes into consideration the biographical, financial, and lifestyle information customers voluntarily enter themselves to understand and anticipate their wants and needs, and project their future investment paths.
09/10/2019
India's Yes Bank nears deal to sell stake to tech firm - CEO
The board has given India’s fourth largest private lender the go ahead to raise more growth capital.
09/10/2019
Malaysia Association Joins APAC RegTech Network
The admission of the Fintech Association of Malaysia was announced at the Fin/SUM Fintech and RegTech Summit in Tokyo on Friday
09/09/2019
New initiative helps payment firms easily access specialised legal services to meet compliance needs
Instead of relying on informal referrals, PREP provides payment firms with a streamlined process to gain access to lawyers specialising in payment services regulations to meet their compliance needs.
09/09/2019
Customer experience a big challenge
A major challenge for digital banks to value-add has been the customer experience conundrum.
09/06/2019
Wirecard collaborates with Mizuho for global expansion
The supplier states that the collaboration is expected to complement Mizuho’s service offering with the launch of a corporate payout solution.
09/06/2019
A tiny Pacific island nation is about to issue its own cryptocurrency
Governments across the world are wrestling with whether they should issue sovereign currency in digital form.
09/05/2019
Bangkok Tops Mastercard’s Global Destination Cities Index For The Fourth Consecutive Year
With a Decade of Destination Insights, Mastercard Shows the Dramatic Rise in International Travel—and the Particular Growth of the Asia-Pacific Region
09/05/2019
Exiger Wins Central Banking Award for Best Anti-Money Laundering Technology Provider
Honored for Furthering Central Banking Mission and Combating Financial Crime
09/05/2019
Korea Eases Fintech Investment Rules for Financial Firms
Financial firms will also not have to face inspections and penalties for failed investments in fintech, unless the losses arising from such failures are intentional or related to gross negligence.
09/04/2019
Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate
Undeterred by regulatory uncertainty and an onerous banking ban, five crypto exchanges in India revealed their new projects last week.
09/04/2019
Four Japanese Banks Invest in Ripple-powered SBI App
xCurrent can handle fiat and cryptocurrencies, including Ripple’s XRP cryptocurrency.
09/04/2019
HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
The blockchain platform ostensibly enabled the parties to exchange electronic documents in 24 hours instead of the regular five to 10 days required for traditional document exchanges.
09/04/2019
B-North selects Mambu for core banking
This new platform will allow B-North to process loans at speed and deliver a highly efficient, “minimum hassle” service to its SME customers.