09/27/2016
Australian ‘Big 4’ Bank Taps Blockchain to Transfer $10 to Canada, in 10 Seconds
The banking brigade buoying blockchain keeps on rolling.
FinTech
09/26/2016
Japan banks target fintech start-ups after law change
Change to 5% ownership cap part of national effort to push financial technology
09/26/2016
Yahoo Admits It Has Been The Subject Of World’s Biggest Hack
The Yahoo data could be used to obtain the personal correspondence of public figures.
09/26/2016
IRESS acquires super software provider
The proceeds of which will be used to fund the Financial Synergy acquisition.
09/26/2016
Thailand considering tougher tax collection rules for internet, tech firms
The idea is to seek appropriate solutions for Thailand and it could involve an amendment in some regulations because current laws are outdated and have been used for more than 50 years
09/25/2016
Japan banks target fintech start-ups after law change
Japanese institutions are concerned that a Google Bank or Facebook Bank will conquer Japan
09/23/2016
Use of blockchain in finance to become widespread in 5 years, say asset managers
Asset managers and owners expect the technology behind bitcoin to be widely adopted by investment firms
09/23/2016
Earning trust a big challenge for fintech start-ups
Mr Phillips added that start-ups can partner with industry players with an existing customer base in order to shorten the process of building trust.
09/23/2016
InvestHK turns spotlight on city as Asia's Fintech hub with launch of first Fintech Week Hong Kong
"Hong Kong welcomes Fintech startups and SMEs."
09/22/2016
Paytm Partners with Induslnd Bank to Offer Financing Options for Booking of Two-Wheelers
The company has tied up with IndusInd Bank to launch two wheeler financing and plans
09/22/2016
Technological, Economic and Demographic Shifts Will Transform the Wealth Industry By 2021, Says Roubini ThoughtLab
Fast-moving investment providers are already driving top- and bottom-line growth by going digital.
09/21/2016
Stuck between a rock and a hard place
The Asian private banking industry needs a new formula via digitalisation and an unrelenting focus on customers' needs and experiences, as it strives to adapt and evolve in how it interacts with clients, according to senior industry practitioners.
09/21/2016
Private banks and wealth managers are increasing their spending on technology
“Innovation is serendipity, so you don’t know what people will make.” – Tim Berners-Lee, inventor of the World Wide Web
09/20/2016
Bank-Genie Selected as a 2016 Red Herring Top 100 Asia Winner
Singapore based FINTECH STARTUP selected as TOP 100 Asia winner at RED HERRING Awards ceremony at Makati/Manila
09/20/2016
Standard Chartered and SuperCharger seeking start-ups for fintech accelerator
The first round of the accelerator was launched in January 2016.
09/19/2016
Bank of Tokyo-Mitsubishi inks deal with IBM to trial blockchain
Both companies will use blockchain to automate business transactions and execute contracts, with the Japanese bank planning to use the technology to manage deals within its business next fiscal year.
09/19/2016
PNB MetLife looks to expand its digital channel presence
Plans to engage customers through games and storage services
09/19/2016
Fintechs struggling to attract graduates, who still favour traditional banks
One experts says graduate roles at banks have fallen by 5-10 pc this year compared to last year as they are also finding it harder to retain staff
09/19/2016
Independent Wealth Manager in Singapore First
Clients’ assets and funds will be cleared and held with Pershing, part of BNY Mellon.
09/19/2016
SocietyOne freshens executive team
SocietyOne, which has a string of high profile backers, claimed the rise in defaults remained well below the industry average of 2-3 per cent.