Archive

Timo Interview: We Have Just Launched the Coolest Bank in Vietnam

In an exclusive Interview with the CEO of Vietnams first Digital Bank Timo,  Claude Spiese is telling Fintechnews about their business model, the scalability and about some future plans. He explains why his mobile only bank is targeting 50 Millions Vietnamese and claims

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Leonteq Opens New Innovation Lab Teqlabs in Singapore

Leonteq  the FinTech provider for investment and pension solutions, announces the launch of its Teqlabs innovation lab facility in Singapore’s Central Business District at Asia Square. The innovation lab will foster its FinTech research and development for the benefit of the financial

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Digital Bank Timo Targeting Vietnam’s Millennials, The “Simple” for Vietnam

Vietnam’s first digital bank Timo – which stands for “time is money” – has on-boarded 4,000 customers since launching earlier this year, highlighting the appetite of Vietnam’s millennial generation for all things mobile. Their story reminds of successful US digital only banks such

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China: ApplePay Struggles to Take Off Amid Fierce Competition / Launch in Singapore

The mobile payments industry is expected to become a US$142 billion market by 2019, according to PricewaterhouseCoopers, a trend that has led to the emergence of a great number of mobile payments systems. Apple Pay, which launched in the US

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Fintech Report 2016: Asia Fintech Funding Hits new High of US$2.6b in First Quarter 2016

After a significant pullback in funding in Q4’15, mega-rounds lifted quarterly investment into VC-backed FinTech companies by over 150 percent, according to the Pulse of FinTech, the quarterly global report on FinTech VC trends published jointly by KPMG International and

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New Report Explores Design Thinking in Financial Services

Design thinking is a methodology used during the process of designing and a problem-solving protocol which consists in, first, defining the problem, and then, implementing the solutions, always with the needs of the user demographic at the core of concept

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Oracle, Wharton Fintech Report: Millennials, An ‘Immense Opportunity for Banks’

Totaling 80 million individuals who are commanding US$1.3 trillion in direct annual spending in the US alone, Millennials are the largest generation in world history. The demographic represents a diverse financial services segment completely different from their predecessors and an

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SWIFT and Accenture Identify Key Factors for Blockchain Tech Wide Adoption

Although blockchain holds many promises for the financial services industry, the technology will need to overcome many challenges before reaching wide adoption, according to a new paper by SWIFT and Accenture. The paper, which aims at formalizing SWIFT’s position on

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5 Upcoming Fintech Events in Singapore and Southeast Asia You Don’t Want To Miss (Special Offer for FintechNews Singapore Readers)

Fintech has gaining more and more attention from not only industry experts but also those who are active in finance and technology. It is quite surprising that how many events related to Fintech, Bitcoin & Blockchain, Mobile & Online Payment,

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