Financial Technology
Hong Kong to launch blockchain-powered trade finance platform in September
This involves the participation of the central bank and seven other lenders.
Hong Kong to launch blockchain-powered trade finance platform in September
This involves the participation of the central bank and seven other lenders.
7 in 10 Indonesian banks threatened by ride-hailing firm Go-Jek
The app’s wide payment capabilities poses a risk to conventional banks.
Philippine banks explore blockchain for payment and remittance services
The central bank approved a pilot project creating a real-time remittance corridor.
How can Hong Kong banks reconcile third party data sharing with cybersecurity?
Banks need robust cyber resilience strategies to plug risks.
Indian court affirms ruling banning bank dealings in virtual currencies
The regulator gave banks three months to cease all crypto operations.
Philippine banks embrace digitalisation to fuel expansion plans
Lenders are shunning inorganic growth via M&As.
All-digital bank to launch in Australia as big four reel from scandal
Startup 86 400 will launch in early 2019.
Hang Seng Bank to use fintech in credit risk assessment by Q4
Fintech and big data will be used in assessing loan applications.
Indian banks embrace AI to drive costs down
SBI has deployed a virtual assistant to resolve customer queries.
CIMB Singapore debuts online application for SGD fixed deposits
It will offer promotional rates for the deposits until 31 July.
Citi hops aboard Hong Kong's chatbot race with planned Facebook Messenger chatbot
Customers will soon be able to check account balance via the messaging app.
Standard Chartered tapped for Alipay's blockchain cross-border remittance service
It will act as the settlement bank for AlipayHK and GCash.
Australia's purely digital bank Volt inks deal with fintech platform for payments
Customers will be able to connect with multiple service providers without changing existing payments and tech infrastructure.
Alibaba-backed online lender MYBank opens up tech solutions to other banks
The company is similarly boosting the digital transformation of other banks.
Korean banks to launch blockchain ID verification programme
‘BankSign’ will be officially rolled out in July.
RCBC to roll out blockchain remittance service in Japan
The move aims to cater to the overseas Filipino workers in the country.
Australia intensifies oversight over fintech lending
Moody’s lauds the move as a welcome development to improve transparency.
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