04/19/2018
Wealth management products make big leaps in digital sales readiness
Avoka commissioned a research team to trawl through each banking product listed on the websites of the 50 banks.
FinTech
04/18/2018
Singapore Equity Crowdfunding Platform FundedHere Raises Capital for F&B Mobile Ordering and Payments App Waitrr
Waitrr speeds up services in restaurants across Singapore by letting diners order food and make instant payments on their smartphone devices.
04/18/2018
Colt launches low latency connectivity between ASX and CME exchanges
Colt continues significant investment in upgrade and expansion of ultra low latency network connecting key financial markets globally
04/18/2018
JCB Pilot of Japan's First Fingerprint Authentication Chip Card from IDEMIA
To test improved security and usability of contactless chip card with biometric authentication
04/18/2018
Banks and the Crypto Industry: Asia
The two biggest crypto concerns of global banks are debt liability from customers who have no protection from market volatility; and security risks associated with unregulated exchanges, such as terrorism funding, scam operations, money laundering and oth
04/17/2018
US-based cryptocurrency exchange Kraken quits Japan
The move will impact only residents of Japan and not Japanese citizens or businesses based out of the country, Bloomberg reported.
04/17/2018
Online consumers in Asia buy three times more banking products than less tech-savvy peers, says McKinsey
The trend is a wake-up call to lenders to increase and improve their digital offerings, says the consultancy
04/17/2018
Why India’s cryptocurrency exchanges may move to Singapore, Switzerland, or Malta
These “cryptocurrency-friendly” locations include Singapore, Switzerland, Estonia, Malta, Japan, Dubai, and the Cayman Islands.
04/17/2018
Traditional and locally focused banks keep pace with 'digital wave'
Asia has attracted more funds in FinTech investments than in North America and Europe, partly driven by the rapidly expanding middle class and 'digital natives' who have enthusiasm to tap into the latest technology.
04/16/2018
Asset manager cautious about Apple’s suppliers
The handset lens maker’s shares soared 610 percent in Taipei in the six years through last year.
04/16/2018
Fintech players are shaking up the banking sector in SEA
There are more than 600 fintech companies headquartered in Asean and this number has been growing exponentially over the past decade.
04/16/2018
A leading financial services institution in MENA goes live on JMR’s Genie De Banca Digital Platform
This implementation will allow the financial services firm to accelerate growth by delivering unique and innovative customer finance offerings, while creating a digital disruption in the market space.
04/16/2018
Why China will win the global race for complete AI dominance
Kai-Fu Lee – a former Apple, Microsoft and Google executive turned investor – is placing big bets on machine learning. And China is leading the way
04/16/2018
Capabilities key to firms’ future success
'Arms race' underway to make better sense of data
04/15/2018
LGT Bolsters Digital Services
This is a strong investment in our customer service capabilities and the processes will enable it to scale our advisory services
04/15/2018
RBI's move to block crypto-trading a huge blow to industry, say stakeholders
The Reserve Bank of India last week issued an order to banks barring all transactions related to virtual currencies, a move, stakeholders say, made without any consultation
04/13/2018
Paytm all set to foray into wealth management
“One hundred percent of the initial registrations received are from retail customers and around 90% of them are from mobile phone users showing promising signs of people’s growing comfort with financial transactions on the mobile phone,”
04/11/2018
EMQ partners Kotak Mahindra Bank to expand footprint in India
The collaboration is aimed at meeting the “growing demand for instant remittances to the country” from more than 16 million Indians residing overseas.
04/11/2018
People’s Bank of China would Continue to rectify Crypto Activity in China
The Chinese people have been closely following the PBOC’s actions to see whether there has been a change in stance
04/11/2018
Hedgie giant targeted by Chinese scammers
The firm is the latest in a long line of investment companies targeted by scammers.