12/02/2020
A Fiat and Crypto Leader Simultaneously
The former involves a cautious government while the latter has flat out cracked down on the market and recently proposed a ban even on yuan-linked stable coins.
FinTech
12/02/2020
Singapore banks grapple with digitization as disrupters beckon
Incumbent lenders pour billions into technology before new players arrive
12/02/2020
Avaloq launches the Avaloq Data Synthesizer
The new solution derives information from real data, but it is free of any client-identifying data.
12/01/2020
Central Bank of Sri Lanka selects SimCorp for front-to-back reserve management
The agreement* aims to deliver the CBSL with increased operational resilience, improved automation and strong support of the bank’s investment strategy.
12/01/2020
Half of new jobs in Singapore’s finance sector are in tech
This is followed by private banking and wealth management roles.
12/01/2020
TransferWise wins restricted banking licence in Australia
TransferWise has been granted a licence to gain direct access to Australia's real-time payment system by the country's Prudential Regulatory Authority.
12/01/2020
Introducing Channel Asia State of Innovation
Set for Thursday 21 January, virtual experience will house two leading Channel Asia initiatives - Innovation Awards and State of the Channel
12/01/2020
First AI fund launched by Nextgen
“We believe AI will be the defining technology of our time. It is set for accelerated growth and demand and, as such, we have positioned the fund to take advantage of the exciting investment opportunities unavailable to public markets."
11/30/2020
Blockchain-based remittance firm Lightnet forges partnership with Siam Commercial Bank
This will also further expand the Lightnet Group’s money transfer network that connects to several trusted partners not only in South Korea, but throughout Southeast Asia.
11/30/2020
China drafts new antitrust guideline for internet companie
Claimed monopolistic practices by internet platforms include as requiring a provider to deal exclusively
11/30/2020
Commentary: Thanks to China's move on Ant, FinTech firms may look like banks soon
FinTech has thrived in other jurisdictions compared to China because of the presence of regulation, says Chris Skinner.
11/30/2020
Tech Stocks Slowly Gaining Prominence in Singapore’s Market
To add to that, Singapore’s government is rolling out the red carpet for top talent in the technology sector.
11/27/2020
ICICI Bank introduces ‘Cardless EMI’, a New Digital Mode of Payment
ICICI Bank is the first in the industry to introduce a fully digital, cardless EMI facility at retail stores, says the firm.
11/27/2020
Pandemic and internet banking push Japan's banks to revamp their branches
On Tuesday, Sumitomo Mitsui Banking Corp., one of the nation’s three megabanks, unveiled a new branch that has basically eliminated cash transaction services by bank tellers.
11/27/2020
South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges
KODA will roll out a beta service for corporate customers starting next month.
11/27/2020
Philippines greenlights 'digital banks' as pandemic drives demand
Central bank says branchless lenders will boost financial inclusion
11/27/2020
Switzerland Takes Part in Singapore Fintech Festival
The Singapore Fintech Festival will be held in Singapore from 7-11 December
11/27/2020
How DLT can reshape financial market infrastructure
Stock markets around Asia-Pacific have started to examine the emerging technology tool
11/26/2020
Ex-PBoC Governor Promotes Singapore-China Crypto Coop in Retail
In addition to opportunities, Zhou also noted that there were also fewer risks involved with initially focusing on retail payments.
11/26/2020
South Korean watchdog fines Facebook US$6.1 million for sharing user info without consent
The commission said it will refer Facebook Ireland, the recipient of the fine, to the country's prosecution for a criminal investigation.