06/29/2020
The self-righteous attitude of supporters of the electronics payment firm — including the press — as well as the business elite’s prickliness about outside scrutiny combined to produce a very German failure
06/29/2020
This reflects the huge potential for blockchain technology in Singapore’s push towards becoming a smart nation, for such emerging technologies to be tested, deployed and scaled.
06/26/2020
Tencent is one of the world's biggest online gaming companies, but has been seeking to expand into new areas.
06/26/2020
Axiata Digital has expressed interest in Malaysia's upcoming digital banking regime and is preparing an application, the company said.
06/26/2020
PictureWealth also closed a $12 million late-seed funding round, comprising of private equity and debt.
06/26/2020
Central Provident Fund members can invest all but S$20,000 (US$14,407) of savings in their ordinary accounts in any investment products under the CPFIS.
06/26/2020
The wealth fund has been an active investor in fintech firms, leading a number of fundraising this year including in Israeli-US startup Pagaya Investments and US startup Apeel Sciences.
06/26/2020
The hybrid wealth manager brings together digital automation and licensed, human financial advisers to provide users with personalized actions and insights based on their financial profile.
06/24/2020
The subsidiary of China online wealth management firm Lufax can now tap Hong Kong retail customers after receiving regulatory approval.
06/23/2020
New remote system allows SMEs to open accounts without visiting branches, sending in documents
06/23/2020
This will enable the leaders to harness digital financial solutions and services to drive business excellence, the organisations said.
06/22/2020
The search for the missing cash hit a dead end in the Philippines, but the two Philippine banks have said documents purporting to show Wirecard had deposited funds with them were false.
06/22/2020
“The domestic deposits of the bank increased by 4.9 percent YoY to Rs 6,86,493 crore, and domestic advances increased by 1.1% YoY to Rs 4,95,045 crore,” the bank added.
06/19/2020
From promise to reality
06/19/2020
Krasnov said there has been a «rapid jump» in consumer demand for digital banking and digital transfers since the start of the year in the Philippines.
06/19/2020
Australia is being hit with a massive cyber attack by a sophisticated foreign “state-based” hacker, Prime Minister Scott Morrison has announced.
06/19/2020
Australia lagging on robo-advice
Investment Trends research director Recep Peker said the US robo-advice market wasn't standing still, with big players getting increasingly competitive about their robo offerings.
06/18/2020
The idea of a state-run digital currency (or e-RMB) has been brewing in China since 2014, with a pilot programme starting in recent months. It is a digital yuan – backed by the government.
06/16/2020
For the first time, the Civil Code enshrines the right to privacy and the principles of personal information protection.
06/15/2020
Transitions that have taken place over the past few weeks were previously expected to have taken up to a year on pre-Covid-19 timelines.