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IDC 12/04/2019
SINGAPORE, December 4th, 2019 – IDC has published a new report titled Many Things from the Shiny New Thing: 20 Early Adopters of Artificial Intelligence in Asia/Pacific Financial Services , which discusses how Asia/Pacific* banks and insurance companies is embracing artificial intelligence (AI) and the many technologies that come under its ambit.
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Fintech Singapore 12/12/2019 02:20
While Hong Kong has reinvigorated Asia’s interest in virtual banks, one of the earliest instances of virtual banks was actually formed in Japan in 1999.
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Japan Today (Japan) 01/03/2020 16:37
Government-backed development banks of Japan, China and South Korea have signed an agreement with public and private financial institutions in Southeast Asia to meet growing demand for infrastructure projects in the fast-growing region.
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MarketWatch 12/18/2019 23:06
Following a listless day on Wall Street, investors looked ahead to other interest rate decisions by central banks in Indonesia, Taiwan and Sweden.
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“WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising in Greater China, year to date. This round drew the backing of new investors as well as 5 existing investors who made follow-on investments, including Alibaba Hong Kong Entrepreneurs Fund and […]
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Asia is a step ahead of other regions in developing central-bank digital currencies, with China, Hong Kong and Thailand set to roll out sovereign virtual tokens as a means of payment and to better monitor money flows.One thing these central banks have in common is that they are all planning to partner with commercial banks in rolling out their digital tokens.
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Reuters.com 01/22/2020 03:24
The Financial Services Commission has also issued a third preliminary digital license to a consortium led by Toss, a mobile money transfer app provider, and which includes the local subsidiary of Britain’s Standard Chartered PLC (StanChart.
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Asian Banker (Singapore) 12/11/2019 12:06
Swiss bank SEBA now accepts clients from 9 new markets, including Singapore and Hong Kong.
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Business Times (Singapore) 02/10/2020 02:34
Meanwhile in Hong Kong, UOB will continue to offer commercial banking services via its commercial banking centres in Kowloon and Causeway Bay, though it has closed the centre in Kwun Tong till Feb 14.
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Big News Network (UAE) 12/14/2019 01:42
Taiwan will be tied with South Korea in 2020, the bank forecast.
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Japan Times (Japan) 01/03/2020 03:19
Government-backed development banks of Japan, China and South Korea have signed an agreement with public and private financial institutions in Southeast Asia to meet increasing.
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China News Service (China) 02/13/2020 08:10
Since November 2018, the bank has established a normal mechanism of issuing central bank bills in Hong Kong.
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Business Wire 02/06/2020 03:00
The company works with corporates, banks and non-bank financial institutions in 15 markets across Asia Pacific, providing technology and expertise to enable institutions to successfully execute their banking and payments strategies.
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Singapore Business Review 02/10/2020 20:52
UOB has closed two banking outlets in Shanghai and Beijing, as well as its commercial banking centre in Kwun Tong, Hong Kong due to the coronavirus, according to a news release.
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