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FinTech

09/19/2018

FS firms admit spending £1m on wasted digital transformation

These findings suggest that right now many organisations are failing to follow through on these important projects, leaving organisations heavily out of pocket and at a digital disadvantage.

09/17/2018

Avaloq upgrades open software architecture designed to make banks more agile

The upgrade to Avaloq’s open software architecture allows financial institutions to consolidate IT operations onto a single platform.

09/17/2018

Fintech firms to get access to Singapore's real-time payment system

Singapore will form a Direct FAST industry working group

09/17/2018

SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan

MoneyTap’s website does not provide a specific launch date for the mobile app but does reveal the user interface (UI) while confirming the proposed launch, in fall this year (September-December).

09/14/2018

Crypto Giant Huobi Invests in Lux Regtech Startup

Huobi is the world’s third largest digital currency exchange by daily trading volume.

09/13/2018

Mobile app to offer free wealth management solutions

The actions then form the basis of a masterplan for all future financial and investment decision making.

09/13/2018

Indian Government Approves Bank's Blockchain Research

The approval is ex-post facto, meaning that Exim Bank has already signed a Memorandum of Understanding under the BRICS Interbank Cooperation Mechanism

09/13/2018

Virtual banking poised to rock Hong Kong banking market

Hong Kong Monetary Authority is expected to issue 8 to 10 licenses for first batch of virtual banks

09/12/2018

Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification

Investors who have not converted their virtual crypto accounts into real-name verified ones cannot deposit Korean won into their accounts; they can only withdraw them.

09/12/2018

Thai Bank taps Nice Actimize for anti-money laundering solution

NICE Actimize’s automated AML and case management solutions will reduce investigation time and overall cost of compliance for the bank

09/11/2018

nCino Expands Presence to Sydney, Australia to Meet Increasing Demand in Asia Pacific for Advanced Technology and Digital Transformation in Banking

Leading cloud banking provider hires General Manager for Asia Pacific

09/11/2018

Australia Leads Blockchain Implementation: May Have National Blockchain Platform

Randall Brugeaud, who was appointed to be the CEO of the DTA earlier this year, identified the Australian welfare system as a near-term target for blockchain implementation.

09/11/2018

DBS wealth clients can now use WhatsApp and WeChat for banking services

To access the service, RMs can register interested clients in a private chat group with the bank.

09/11/2018

Bank of China’s US branches goes live with Fenergo solutions

Fenergo CLM provides BoC US Branches with an end-to-end client management solution

09/10/2018

Australia in driving seat as global blockchain standards take shape

Australia is chairing the International Standards Organisation group developing standards for blockchain and distributed ledgers and Mr Dunn is chairing the work.

09/10/2018

Standard Chartered’s Saadiq embraces digital in a big way

According to the report, 38 per cent of conventional banking users surveyed used digital banking, in contrast to only 26 per cent of Islamic banking users.

09/10/2018

China’s 9F Group aims for Hong Kong virtual bank license

Mainland Chinese fintech expert 9F Group has partnered with local and international firms to apply for a virtual banking licence in Hong Kong.

09/10/2018

OCBC hooks up to SME Cloud Exchange Network

OCBC Bank is ASME’s first strategic partner in SMECEN and the two have been partners for many years in the Entrepreneur of the Year Award (EYA).

09/09/2018

Jack Ma Talks About His Plans After Retiring From Alibaba

Billionaire plans shift to education, admires Gates’ example

09/09/2018

OKEx blowout exposes soft underbelly of lightly regulated cryptocurrency transactions

How the bad example of Hong Kong-based trading venue, the world’s second-largest digital exchange, shows just what a minefield crypto can be

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