03/11/2016
A hacker’s typo stopped the biggest bank heist in history
The trick almost worked, as four requests to transfer a total of $81 million to the Philippines went through, making the bank heist one of the largest known thefts in history.
FinTech
03/11/2016
Australia: Mega Merger Unites Security Firms
Post merger, CRS will continue to operate as an independent division of Secure Logic.
03/10/2016
Malaysia among first in world with Retail Workbench iPad app, said Standard Chartered
The iPad tool is also live in India, the UAE, Bangladesh, Nigeria and Kenya, said Aaron Loo, country head, Retail Banking, Standard Chartered Bank Malaysia.
03/10/2016
Sophisticated malware detected that steals online banking passwords, thwarts text authentication
The sophisticated virus infects Android users and can steal password details and even thwart two-factor authentication.
03/10/2016
Android malware targets Australia banking apps
The malware then provides a fake login screen in order to capture usernames and passwords
03/09/2016
vPhrase raises funding from Ryerson Futures, Chokhani Family Office
vPhrase, which was accelerated at the Zone Startups India accelerator programme, helps businesses make their reports more easy to comprehend. vPhrase’s patent-pending platform, Phrazor, analyses data, derives insights and then communicates those ins
03/08/2016
SoftBank Splits Responsibility for Japan, Global Operations
Former Google executive Arora plans to invest about $3 billion each year as SoftBank backs startups that can become the next Alibaba, the Chinese e-commerce company that pulled off the world’s largest initial public offering in 2014.
03/08/2016
SS&C Rolls out Major Geneva Technology Upgrade
The alternative investment market is constantly changing, requiring fund managers to use proven technology and services that ensure operations can scale and firms can grow as asset strategies become more complex.
03/08/2016
Standard Chartered goes global with 'bank on an iPad'
“Banking should be easy and convenient. That’s what the Retail Workbench is all about,” says Karen Fawcett, Standard Chartered’s CEO for retail banking.
03/04/2016
Mesitis nets clients with combined wealth of $4.2b in six months
The rise in the number of high- net-worth individuals in the Asia-Pacific has contributed to the site's early success
03/04/2016
R3 completes trial of five cloud-based blockchain technologies with 40 banks
The banks connected to R3-managed private distributed ledger technologies built by Chain, Eris Industries, Ethereum, IBM and Intel.
03/04/2016
Tech start-ups the new gold for China's wealthy as economy slows
Venture capital investments into China's technology start- ups more than doubled to $32.2 billion in 2015, with $4.7 billion of investments so far this year, according to research firm CB Insights.
03/03/2016
Tech Start-Ups the New Gold for China's Wealthy as Economy Slows
Chinese tech firms valuations soar as stock markets languish.
03/02/2016
Milford Asset Management Live on Charles River
Milford is also leveraging Charles River’s fully managed data service and FIX network for the purchase and sale of global securities.
03/02/2016
SEC: Qualcomm Hired Relatives of Chinese Officials to Obtain Business
An SEC investigation found that Qualcomm also provided gifts, travel, and entertainment to try to influence officials at government-owned telecom companies in China.
03/02/2016
Al Ahli Bank of Kuwait selects Infosys Finacle to power its technology transformation
With Infosys Finacle, ABK will be able to achieve high operational efficiencies, accelerate growth and manage scale-ups easily
03/01/2016
How Defence Bank is aiming to stay one technology step ahead of customers
Defence Bank talks through its latest multi-channel investments aimed at better serving a technologically savvy customer base
03/01/2016
UOB commits $1m to Asian fintech accelerator programme
UOB today announced its plans to encourage the growth of the best and brightest financial technology FinTech start-ups in the region.
02/26/2016
A first-of-its-kind crowdfunding + e-commerce platform launches in Singapore
This first-of-its-kind crowdfunding + e-commerce platform which started in India is launching its platform in Singapore this March.
02/24/2016
8 Indian tech Startups that raised over USD 1 million in 2016
Indian tech startups are disruptive, game changing and have revolutionized the way business works fundamentally.