10/31/2018
One of Asia's Top Banks Isn't Sold on the Digital Revolution
Public Bank ranked lowest in survey of Southeast Asian banks
FinTech
10/30/2018
IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks
In June, Fujitsu also launched a blockchain-based data storage system for the tokenization of traditional retail promotional strategies such as coupons and loyalty points.
10/30/2018
Japanese Laws don’t Consider Stablecoins as Cryptocurrencies Reminds Regulators
With the rise of cryptocurrencies, Japan had amended its Fund Settlement Law and Payment Services Act so that it could regulate the country’s crypto industry.
10/30/2018
IRESS releases automated personal advice solution and announces implementation with WA Super
The multi-advice, multi-channel solution, drawing on information within the fund registry, allows members to set their retirement objectives, review projections and then make choices to optimise their retirement outcomes.
10/30/2018
UOB Asset Management launches Singapore’s first robo-advisory service for corporate investors
Using the new digital service, UOB's commercial banking clients can now submit their financial information, obtain their risk profile and receive an investment portfolio proposal in minutes.
10/30/2018
Fujitsu Trials Blockchain For Inter-Bank Settlements
Participants in the trial include Zengin-net, a payment clearing network that will both issue and reclaim the digital currency. Additionally, nine major Japanese banks have signed on as participants.
10/30/2018
DBS Launches Startup Matching Platform, Revamping Earlier Program
Startup Xchange is great as it helps the ecosystem of startups, DBS and its customers to commercialise emerging technology solutions to quickly achieve shared business goals
10/29/2018
Blockchain-Powered Islamic Bonds to Fund Microfinance Projects in Indonesia
Other planned blockchain-based sukuk will aim to fund an environmental waste disposal project and a hospital expansion, Reuters reported.
10/29/2018
HSBC wealth management profits rise amid robo-advice push
HSBC has been mulling a robo-advice style service since as far back as 2016.
10/29/2018
Hong Kong Strengthens User Protection For E-Wallets
In order to provide more comprehensive protection to users, the above refined process will apply to direct debit services conducted through both FPS and non-FPS channels.
10/29/2018
Bravura signs NZ bank
We are delighted with the success of the Sonata launch at ASB
10/29/2018
Stablecoins Not to be Considered Cryptocurrencies: Japan’s FSA
The entire world is demanding more stablecoins and is considering them as a bridge between fiat and virtual currencies.
10/26/2018
Unicorns weave their star-spangled spell in China tech sector
Once the stuff of mythology, startups with valuations of $1 billion are among us and in such burgeoning numbers it is hard to keep up
10/26/2018
Crypto Exchange Huobi Reveals Global Expansion and New Partnerships Plans
The first step in the ambitious regional expansion would be forging alliances with local blockchain notables.
10/26/2018
The Current Status of AEOI CRS in Hong Kong and the known developments in 2019 And 2020
Dion’s understanding about the current CRS status and future developments as well as a high-level impact analysis of the financial industry in Hong Kong can be summarised as follows
10/26/2018
Why Fintech Startups Love Singapore’s Hawk-Eyed Central Banker
The city-state’s top banking regulator welcomes the potentially disruptive startups to the prosperous island
10/25/2018
HSBC: We invested $9bn in FinTech sector
Assaf revealed that the HSBC Group invested a huge amount in technology amounting to $9 billion in order to reach the current situation.
10/25/2018
DBS makes foray into Chat Commerce with "Foodster"
Foodster currently supports seven F&B merchants in the Marina Bay area
10/24/2018
The dawn of FinTech in Asia
Financial institutions are the backbone of the world economy and the local national economies around the world.
10/23/2018
Blockchain could increase global trade volumes by $1.1 trillion by 2026, off the current base of $16 trillion
Solutions could provide a $2 billion annual revenue lift in documentary trade financing by 2026 for the global banking industry