Financial Technology
Singapore inks deal with Dubai to bolster fintech ties
Singapore inks deal with Dubai to bolster fintech ties
They will implement joint projects involving digital and mobile payments and blockchain.
Bank of East Asia's half-year profit surges 25.9% to $3.99b
Earnings were boosted by net fee and commission income growth.
Will Singapore banks' digital home loans rattle incumbent proptechs?
OCBC has already scored $200m worth of home loans from its digital solution.
OCBC rolls out robo-investment service
It has an initial investment amount of $3,500.
Tech firms may soon be allowed to own internet-only banks in South Korea
A bill is paving the way for tech firms to be the largest shareholders.
Thailand moves forward in wholesale digital currency development plan
The first phase will be completed by Q1 2019.
Shinhan Bank ties up with telco provider for blockchain platform
The move aims to capitalise on the government’s digital voucher efforts.
UOB unveils digital business solutions for SMEs
Businesses can soon gain real-time overview of their operations.
Nearly half of Singapore fintech funding are $10m and above in H1
This bucks the trend that startups are only receiving seed funding.
Singapore nabbed Asia's fintech crown from Hong Kong in 2017
Total fintech funding hit $983.6m in 2017 versus Hong Kong's $596.8m.
Krungsri taps on IBM for digital transformation
The deal is worth $140m.
UOB unveils plans to launch ASEAN digital bank
It will tap on mobile-first and mobile-only customers.
Citibank Hong Kong boosts API ecosystem with three new partnerships
Watsons, EGL Tours and Fortress will integrate Citi Pay with Points API into their platforms.
Over 60 applicants scramble for a Hong Kong virtual banking license
This includes Standard Chartered Bank and online loan platform WeLab.
Open banking loses steam in Australia with 3 in 5 consumers hesitant to share data
Consumers remain wary of banks in light of the damaging inquiry. Open banking is facing considerable headway in Australia as three in five banking...
China and India to intensify fintech oversight as risks mount
Fitch believes that the possibility of disruption is higher in these markets.
Singaporeans ditch bank visits to go mobile
Mobile banking usage has now overtaken branch visits by 15%.
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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.
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