04/29/2019
Sumitomo Mitsui Trust Bank turns to Oracle FSS for tech modernisation
The deal is worth tens of millions of dollars, it is believed.
FinTech
04/26/2019
Blockchain Payments firm Bitspark Releases Stablecoin Pegged to Philippine Peso
Customers will also be able to pay their bills with the stablecoin in the form of a cash deposit at one of the shops in Bitspark’s network.
04/25/2019
China Delays Data-Onshoring Rules Until After US Trade Talks
The new regulations would require companies to localise data analytics processes in China.
04/25/2019
Technology to ‘Transform’ a Third of Singapore Finance Jobs – Study
MAS and the IBF have released the findings of a new study on the impact of automation and data analytics on Singapore’s financial services sector.
04/25/2019
Japan probes two cryptocurrency exchanges after management changes: sources
The FSA conducted inspections at Huobi Japan Inc and Fisco Cryptocurrency Exchange Inc, both of which recently underwent major changes to management structures
04/24/2019
Fintech becomes strong enabler for Islamic finance
Mahathir urged the country’s Islamic banks and financial institutions to invest in new technologies
04/24/2019
SoftBank Bets $1 Billion on Battered Payments Firm Wirecard
Payments company’s stock whipsawed after allegations of fraud
04/23/2019
Why China’s Ping An OneConnect picks Indonesia for expansion
Markets within Southeast Asia share similarities, such as the explosion in data usage, and are ripe for technological improvement to increase efficiency and lower costs
04/23/2019
Delayering AML – Ideal Test Field for Innovative Technologies
These breaches highlighted the lapses in banks’ CDD
04/22/2019
Huawei, the Chinese tech giant accused of spying, released quarterly financials for the first time ever in a defiant move
Its net profit margin was 8% for the quarter, but the company didn't disclose its actual net profit.
04/18/2019
Japan to require crypto exchanges to bolster internal oversight: source
Following a series security lapses at exchanges last year, the FSA restricted use of less-secure “hot wallets”
04/18/2019
Value Partners set to launch Asia innovation fund
The fund will focus on undervalued stocks of companies that are believed to be transforming their sectors.
04/18/2019
Crypto compliance startup Chainalysis raises funding from MUFG, Sozo Ventures
Chainalysis is known for its work in helping law enforcement, regulators, and businesses including banks track flows of cryptocurrency to spot illicit activity.
04/17/2019
Hogan Lovells Releases APAC Data Protection, Cyber Security Guide
Rising public awareness of data protection concerns, due to the ever increasing volume and scale of cyber incidents in APAC
04/17/2019
China Cybersecurity and Data Protection: Monthly Update – April 2019 Issue
Enterprises are encouraged to strengthen data safety management for external use and strengthen self-discipline by signing self-discipline conventions and public commitments.
04/17/2019
Avaloq launches avaloq.one, a new platform that connects fintechs with the world’s financial institutions
The platform gives us access to some of the world’s leading financial institution
04/17/2019
Japans Amazon opens cryptocurrency wallet service
Multifaceted Gateway for Cryptocurrency
04/17/2019
GlenBit Exchange Announces Integration with Blockpass KYC Connect
Blockpass is a leading RegTech and Compliance business which provides digital identity verification as a service.
04/16/2019
Ex-ANZ bigwig Steve Belotti’s new firm doubles down in blockchain
Fresh from a horror 2018, performance at Bellotti’s digital assets investment firm Token Capital Management has rebounded and his team is seeking to make the most of it.
04/16/2019
Objectway is one of the 100 World's Most Innovative Wealthtech.com
The WealthTech sector is one of the fastest growing verticals of FinTech