Financial Technology
Endowus Hong Kong’s client base increased sevenfold
Endowus Hong Kong’s client base increased sevenfold
The group has surpassed US$200m in private markets and hedge funds.
PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime
They will develop a data and information sharing mechanism.
Volume of transactions drives financial crime compliance costs
Manual intervention and regulatory complexity also contributes to compliance expenses.
UPI expands beyond India, driving global adoption
It simplifies small payments for its users.
UPI transforms person-to-person, business transactions
Indian Bank CEO highlights UPI's impact and global trends at Sibos 2024.
Singapore fintech funding down 10% to $208m in Q3
The drop is in line with overall tech startup funding in Singapore.
Why banks will be ‘invisible’ by 2030
They either become the platform or willingly lose their brand visibility.
South Asia, SEA have ‘greatest potential’ for fintech lending: study
South Asia’s fintechs and young population lifted its rankings.
YouBiz, CloudMile announce AI and cross-border payment partnership
Companies using a YouBiz corporate card will receive up to a 5% discount.
SG WealthTech platform StashAway launches HNWI wealth offering in the UAE
Clients in MENA with $100,000 of assets with StashAway will be upgraded to Reserve.
ShopeePay and dLocal expand partnership for enhanced payment solutions
It will facilitate the pay-ins and payouts.
Visa, dtcpay launch card enabling digital currency conversion
The card will be available for public registration in Q4 2024.
DBS unveils crypto options trading and structured notes for wealth clients
They may earn yield on fiat depending on the product’s structure and price movements.
Bank-fintech alliance a win-win, says HSBC
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Ant Group unveils AI financial manager Maxiaoca
It has attracted 70 million monthly active users as of August 2024.
Mobile payments by tourists in China rise sixfold
The number of international tourists using mobile payment services quadrupled.
HKMA launches sandbox to accelerate tokenisation adoption
The sandbox will facilitate interbank settlement using experimental tokenised money.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
