05/16/2016
Vietnam's Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February's massive theft from the Bangladesh central bank.
05/15/2016
While the Qatar National Bank admitted of a data breach incident, InvestBank said its data was recycled from a breach from last year.
05/13/2016
The partnership will provide Sycamore’s middle office outsourcing services alongside Linedata’s flagship hedge fund management offering, Linedata Global Hedge.
05/12/2016
British fintech generated 6.6 billion pounds of revenue in 2015 and has a workforce of over 60,000 employees, according to the statement.
05/12/2016
In the Islamic finance industry, Muhammad said, the Investment Account Platform that was launched in February is an important example of a collaborative strategy by the industry to bring game-changing innovations to the market.
05/11/2016
Curren$eek’s Hakim Karim, in his five-minute pitch, said while trillions of dollars are exchanged into different currencies every year, not everyone knew where to get the best rates.
05/10/2016
Digital technology changes the way consumers interact with their bank and finances. How are smaller banks expected to compete with the new market entrants and larger banks that have developed innovation labs and are investing directly in fintechs?
05/09/2016
For tech companies looking to IPO, SGX’s Catalist may present a golden opportunity
While SGX may not seen as a tech exchange, the strengths of its Catalist might change that perception
05/09/2016
Ant Financial valuation a sign of things for come for China’s fintech sector
The US$4.5 billion it raised last month was the world’s largest single private placement by an internet company
05/09/2016
Are we ready for the National e-Payment Master Plan?
The master plan comprises five projects: an AnyID payment system; expansion of the use of electronic cards; an e-tax system and e-transaction documents; e-payment of government entities; and building awareness.
05/06/2016
Government support and financial experience make city-state fertile ground
05/05/2016
Despite these concerns, respondents said they thought robos would have the greatest impact on the financial services industry over both a one-year and a five-year time horizon
05/05/2016
Internet companies lent more than $150 billion to customers in 2015, which is an extremely small amount compared to the much larger lending by commercial
05/04/2016
He said some banks have worked with fintech companies to develop products and innovation.
05/04/2016
The growth of Internet and mobile banking means that about 95 percent of Citigroup’s retail banking transactions in the region take place outside the branch network, Selvakesari said.
05/04/2016
Bitcoin is the anonymous, intangible currency used by criminals and tech companies alike, but Australia’s leading research organisation will look at ways to use its technology in our banks, businesses, and government agencies
05/03/2016
But instead of seeing fintech companies as competitors, we might as well see how we can work together and strengthen our proposition to customers.
05/03/2016
ATO powers beefed up.
05/02/2016
Instead, customer authentication is done purely using the Aadhaar card.
05/02/2016
Interestingly, the cabinet also takes into stock the rising importance of virtual currencies and the new bills will recognize them as a means of making payments and having the potential to be digitally transferred.