Financial Technology
Banks find relief with 'regtech' firms as risk and compliance account for up to 20% of operating costs
Banks find relief with 'regtech' firms as risk and compliance account for up to 20% of operating costs
And the cost to implement regulatory requirements is predicted to grow over the next five years.
Over 4 in 5 of Singapore’s affluent middle class rely on banking apps: report
The pressure is on banks to roll out loyalty incentives.
DBS pilots cloud-based productivity tool for employees
It plans to cover all 22,000 employees by year-end.
Singapore, Australia ink deal to help fintechs go global
Licensing timelines will be streamlined.
Singapore's central bank mulls "regulatory sandbox" for new fintech products
Regulations will be eased to boost innovation.
Bullish investors pour $150m into Southeast Asian fintech startups
Guess who clinched the largest funding round.
What can we learn from Turkish Economy Bank's free financial literacy training?
Within the next three years, TEB will have reached 25% of Turkey's entire population.
DBS launches second run of pre-accelerator programme for startups
Applications are accepted until 1 April 2016.
UOB to invest US$10 million in global equity crowdfunding platform OurCrowd1
This collaboration is OurCrowd’s first foray into Asia.
OCBC launches new fintech startup accelerator programme
It is housed in a 2,400 square foot space on New Bridge Road.
Half of Hong Kongers get the jitters over e-banking on smartphones
Respondents think it’s borderline unsafe.
Standard Chartered Hong Kong launches a FinTech accelerator programme
The programme will commence on 11 January 2016.
Shadow banking in China slows, contributing to financial risk reduction
But there are new challenges ahead.
Total returns of top 4 Thai banks dwarf regional benchmark
Investors have been rewarded.
Guess how many deals targeted a Hong Kong-based bank since 2008
Clue: only 2 from this year.
These are the things to consider should the RMB's fortune reverse
It includes resistance in FX policy.
European hubs fuelling RMB Internationalisation
Europe now represents 10% of total RMB payments.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. Aussie banks launch digital locks versus online fraud 3. UOB reports flat net profit growth in Q1 despite record fee income 4. J.P. Morgan unveils automated cross-currency payment collection and settling service 5. HSBC group chairman Mark Tucker announces retirementResource Center
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