Archive

Fintech Vietnam 2017 in Review

The Vietnamese fintech industry is on the rise, fueled by growing interest from foreign investors and a desire from the government to boost financial innovation. Today, there are about 48 operational fintech firms in Vietnam, which provide varied financial services

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Securities Commission Malaysia Regulatory Sandbox Calls for Participation

The Securities Commission Malaysia (SC) today announced that parties interested in establishing and operating an Alternative Trading System (ATS) in Malaysia can apply to participate in the Securities Commission Malaysia regulatory sandbox sessions. The Securities Commission Regulatory sandbox will be

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Fintech Singapore 2017 in Review

The fintech ecosystem in Singapore has grown significantly this year, with now more than 400 fintech ventures based in the city-state and over 30 fintech innovation labs or research centers set up by multinational corporations. The Monetary Authority of Singapore

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Startup Korea: Is Korea Conducive for Fintech Startups?

Earlier this month I had the opportunity to the attend the Korean Startup Festival 2017, which is part of the efforts of the Korean Ministry of SMEs and Startups to gather thousands of startups, VCs and international media to shine

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Lithuania Opens its Doors to the EU Single Market for the Singapore Blockchain Industry

Following the signing of a landmark agreement for fintech innovation between the Singapore FinTech Association and Lithuanian government-backed business advisory Invest Lithuania, Lithuania has announced it aims to become a gateway for Singapore’s blockchain industry to Europe and beyond. Europe’s first international Blockchain

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Top 5 Fintech Philippines News of the Week (CW 51)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Here we go:   Philippine Central Bank may Decide to Regulate Bitcoin After all Banko Sentral ng Pilipinas has kept close tabs on Bitcoin’s progress.

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AlgoMerchant Raises Over US$2M in Funding and Launches Robot Trading Platform

AlgoMerchant, Singapore’s first platform offering trading robots for retailer investors, announce the public launch of their fully automated robot trading platform. This followed after raising more than US$2M from East Ventures and a network of prominent individuals in the fund

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Bank Of Asia Uses Avaloq Banking Suite As A Service To Create Digital Bank

Bank of Asia has decided to build its digital bank using the Avaloq Banking Suite in a Software as a Service (SaaS) model. Avaloq will provide the complete digital banking solution as a service through its Singapore based service centre

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Why the Insurance Industry needs to Digitalise

Digitalisation benefits the entire insurance industry. From simplifying complex policies and streamlining approval processes, digitalisation can have a positive impact on all parties including customers, agents and brokers. On the internet, 80%1 of local financial research is largely centered on

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Everything You Need to Know about Singapore’s Personal Data Protection Act

Singapore’s Personal Data Protection Act (PDPA) governs the way companies in the country collect, store, use and disclose data. In order to comply with KYC (Know Your Customer) laws, fintech companies must collect personal data from customers. And that, in

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