Tag "regulation"
10 Takeaways from the Fintech Ecosystem Playbook
In the recently released Fintech Ecosystem Playbook, EY gives a panoramic view of the fintech ecosystem in 26 fintech hubs in emerging markets across six clusters, namely ASEAN, Latin America, Central, Eastern and Southeastern Europe and Central Asia (CESA), the
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The Needs for APAC Banks to Reinvent Themselves
Consumer banking is rapidly changing in Asia-Pacific (APAC) and banks must reinvent themselves amid changing regulations, emerging technology, elevated client expectations and the entry of disruptive competitors, according to a new article series by EY. Changing regulations The banking
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Singapore Financial Regulator Releases Updated Guide for ICOs
The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update to its guide for businesses looking to raise money through initial coin offerings (ICOs). The paper, titled A Guide to Digital Token
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Indonesia Warms up to Blockchain
Following in the steps of international counterparts, Indonesia is setting its sights on blockchain as an enabler of increased efficiency and greater transparency with applications currently being explored in areas and industries that include e-voting and agriculture. Melbourne-based startup Horizon
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Vietnam Welcomes New Fintech Bachelor Program
On September 26, 2018, the National Economics University in Hanoi officially held a launch ceremony for the new International Bachelor Program in Financial Technology. Attending the event were Prof. Dr. Tran Tho Dat, principal of the school, Assoc. Prof. Jenho
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P2P Lending Activity Accelerates in Vietnam
Peer-to-peer (P2P) lending is becoming increasingly popular in Vietnam with new players entering the market and regulators moving forward with creating a favorable environment. In September, a new company called Megalend Viet Nam Investment and Trading Corporation made its debut
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Thailand Strives to Become Top Fintech Hub with Government Help
In the past year, the fintech industry in Thailand has witnessed significant growth but the latest push from the government is set to position the country as one of the region’s top fintech hubs. The Thailand government is putting a
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Vietnam Fintech Sector Report: All about Digital and Mobile Payments ?
Vietnam’s fintech industry is poised for growth as Internet and smartphone penetration rates continue to rise and as the government pursues its push for greater digitalization of the economy, according to a new report by consulting firm Solidiance. In 2017,
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27 Non-Bank Organizations Licensed To Provide Payment Services In Vietnam: The Complete List
In December 2014, the State Bank of Vietnam (SBV) issued the Circular No. 39/2014/TT-NHNN which sets a series of rules banks and non-bank organizations in Vietnam must follow in order to be permitted to offer intermediary payment services such as
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The State of ICO Regulation Around The World: An Update
Initial coin offerings (ICOs) have been all the rage these past years raising an estimated US$4 billion globally. An increasing number of startups, in the blockchain space and beyond, are opting for the novel fundraising method instead of traditional venture
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