Archive

The Hottest Digital Bank in Vietnam Just got Funding and a new Partner

Sun Life Vietnam Insurance Company Ltd. has entered into a 3-year partnership with Global Online Financial Solutions Ltd., the owner of Vietnam’s digital banking platform Timo. The partnership enables Timo to offer life and health insurance products and provide its customers

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Going Cardless and Cashless: How Banks and Fintechs are Reinventing Payments

Banks and fintech companies are developing innovative solutions for consumers to pay for goods and withdraw cash without payment cards, offering entirely new ways to transact. In the US, JPMorgan Chase, Bank of America and Wells Fargo are among those that

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Singapore and France Bolster FinTech Ties with Cooperation Agreements

The Monetary Authority of Singapore (MAS) signed a cooperation agreements with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) of France to enhance FinTech cooperation between both countries. The cooperation agreement provides

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Singapore Consumer Welcomes Robo-Advisor Services

Eight out of ten consumers in Singapore are willing to use robo-advisory services for their banking, insurance and retirement planning, highlighting the growing acceptance of computer-generated advice and services, a survey by Accenture found. Despite rising adoption of robo-advisors, consumers

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The Use of Robots in Early Education in Singapore

The use of artificial intelligence to aid student’s learning dates back to 1980s. It was the time when major technology companies like Lego, Leaf, and Androbot introduced the robots to simplify the study and related activities. Since then, the robotic

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Co-Living, An Introduction for Southeast Asia

Southeast Asia is quickly becoming a hotspot for startups and digital nomads, thanks to the region’s low cost of living and young, digitally-enabled workforce. Singapore has over 300 co-working spaces. Vietnam has seen more than 40 spaces open since its

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Security and Privacy Concerns Need to be Addressed When it Comes to IoT in the Financial Industry

The Internet-of-Things (IoT) is rapidly transforming the way banks interact with their customers. According to Jim Marous, Fintech expert and publisher of The Financial Brand, IoT is set to improve the customer experience and consequently, its relationship with its customers,

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Southeast Asian Fintech Deals Rise 29%

In 2016, Southeast Asia saw the greatest number of fintech deals, a trend driven largely by seed and angel stage investments in countries such as Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The number of investments in fintech companies

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How Fintech Can Be The Key Driver of Financial Inclusion

Fintech companies use software and digital platforms to deliver financial services to consumers and businesses. These digital tools and solutions often disrupt established business models by creating new and more efficient means of providing services. In the context of financial

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The Insurtech Race – Baker McKenzie Sees Jump in Potential Acquisitions Between Big Insurance and Tech Start-Ups

Asia Pacific-based insurance companies, from established players to new entrants, are increasingly looking to acquire or partner with non-insurance tech players to understand and harness the opportunities inherent in insurtech. Asia Pacific Guide for Investing in Start-ups, a new guide by

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