Cryptocurrencies and the critical vulnerability of a 51% attack
The processes, the vulnerabilities, and the dangers broken down.
Asia Pacific
Singapore remittance start-up InstaReM rebrands to Nium
Nium CEO envisions a world where everyone’s money is free for them to use.
Standard Chartered opens second innovation lab in Hong Kong
The hub will be located at the bank’s 42-storey skyscraper in central Hong Kong.
How to provide customers from China with a habitual and convenient service
An official account is the first step for a company towards the Chinese audience.
Moving from on-premise to destination to distributed platforms and networks
Most efforts to digitise global trade finance have been unsuccessful.
Revolut launches in Singapore
Country will be Revolut’s first Asian market and second outside Europe
A bird’s eye view of cloud and the payments industry
The sky is the limit for cloud and Volante.
Natwest, Nationwide and RBS pull banking apps from Google Play for Samsung S10 users
The S10’s fingerprint feature glitch means it can be unlocked by anyone.
Western Union expands into Asia with Kyodia and Hanpass partnership
The collaborations are live with payout functionality.
Trade finance – network to network
Trade finance indeed needs a network to network.
Thought Machine to power Standard Chartered’s new Hong Kong bank
Vendor to underpin digital bank’s new products.
PPRO joins forces with GrabPay in paytech partnership
Integration deal will support PPRO’s footprint in Asia-Pacific.
Meeting the global B2B payments challenge
International businesses increasingly expect global access to finance in real-time.
Rise of the machines: when will AI and machine learning change finance?
FinTech Futures is researching the impact of AI on the industry.
Uncovering the hidden costs of liquidity
Liquidity is paramount and real time liquidity is now a must-have.
FinovateAsia Best of Show winners announced
“We are thrilled to be back in the Garden City.”
CIMB Bank Singapore completes first trade finance transaction with blockchain
Bank was aided in the transaction through use of iTrust platform.
Hong Kong Exchanges and Clearing inks deal with Transaction Network Services
The agreement will see low-latency connectivity being offered to HKEX trading partners.
India’s fintech Paytm in talks with T Rowe Price for $1 billion funding round
Existing investors SoftBank and Ant Financial are also expected to participate.
China to ditch some foreign ownership limits next year as trade-war concession
Limits to be scrapped for securities, futures and fund management firms next year.
HSBC takes on digital challengers with First Direct overhaul
The telephone-based brand is looking at AI and in-app technology.
Viva Republica cosies up to Standard Chartered in plan to form Korean challenger
A successful licence bid would create the third internet bank in the country.
Video: Top fintech stories this week – 11 October 2019
FinTech Future’s weekly news round-up.
Indonesia’s OJK goes on fintech lender licensing spree
There are still 114 non-licensed companies registered with the OJK.
Swift to expand its gpi into securities and FX transactions
Swift predicts the world too will take this holistic approach to gpi.
Standard Chartered Bank tackles reporting restrictions with BearingPoint
The new solution covers more than 130 jurisdictions.
HKEX drops £32bn bid for London Stock Exchange
“We only regret the chances we didn’t take,” says HKEX CEO
ACS19: Bank execs need cybersecurity safe space
90% of breaches at firms are still attributed to employees clicking on phishing emails.
Wallets – the flexible way for banks to maintain competitive advantage
Mobile wallets for payments and loyalty provide the perfect weapon for banks seeking to fight off competition.
FSB investigating the regulatory potential of stablecoins
Emerging scale could pose challenges, says FSB chair
Swift and HSBC team up for common API standard in Hong Kong
Partnership aims to prevent fragmentation and enhance API uptake
UK challenger bank Tide gets investment from Japan’s SBI
The Telegraph says the SBI splashed £44 million on the British fintech.
HSBC plans 10,000 job cuts in fresh cost-saving exercise
Global bank plans to cull high-paid roles.
The challenges for banks and fintechs when building a partnership
Chris Ward, author at Mapa research, dissects the changing definition of ‘partnerships’ in fintech.
Video: Top fintech stories this week – 04 October 2019
FinTech Future’s weekly news round-up.
Samsung gears up digital wallet with debit card and cross-border payments
‘Samsung Pay Cash’ and ‘Money Transfer’ are just the beginning.
Refinitiv extends Matching service to Vietnam
Firm claims the launch the first electronic market for VND FX
Banking Technology October 2019 issue out now
Lessons from Africa.
Emerging markets seeking London’s fintech crown
City of London mayor gives UK firms stark warning.
Revolut’s losses double to £33m as it gears up to hire staff, expand reach
The fintech’s losses have gone from £14.8m to £32.8m in one year.
