Archive
4 Banks in Asia Pacific That Are Winning Open Banking Adoption
Following the UK banks’ ambitious move towards open banking, fintech hubs across the globe have been following suit, leading to a banking revolution that could fast-track the development of fintech—particularly fintech based on personal wealth and spending habits. With Singapore’s
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Japan’s Banks Elect Fujitsu to Build Their Blockchain for Interbank Settlements
Last year, a consortium of 61 Japanese banks banded together to test domestic fund transfers using digital currencies in hopes of gaining a low-cost alternative to traditional money transfers. At the time, the consortium tossed around the idea of using
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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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2 Disturbing Trends That Force Us to Consider: Are ICOs A Failure?
As of the first half of 2018, 86% of the leading initial coin offerings (ICOs) that listed on a cryptocurrency exchange in 2017 are below their initial listing price and a portfolio of these ICOs is down by 66% since
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Banking Services Coming to 7-Eleven Stores in South East Asia
7-Eleven outlets across Asia have begun offering banking services. In Thailand, a pilot program starting October 31 will enable 20 million customers of Government Savings Bank to deposit and withdraw funds at more than 10,000 convenient stores across the country.
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24 Fintech Experts and Entrepreneurs to Meet at Singapore Fintech Festival 2018
Singapore’s annual Fintech Festival, one of the largest fintech events in the world, will take place in less than a month from now and promises, once again, to bring together some of the globe’s most influential fintech entrepreneurs, leaders and
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Singaporeans Will Receive Their Visa-Enabled Crypto.com Cards Soon
Crypto.com announced that it has begun shipping MCO Visa Cards to customers in Singapore. The MCO Visa Card enables users to spend their cryptocurrencies anywhere that Visa is accepted. Reportedly, it already has more than 190,000 app downloads and 93,000
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Grab’s E-Wallet Will Come With a Mastercard-Enabled Prepaid Card By 2019
Grab, which started out as a Southeast Asian ride-hailing platform that has since delved into “super-app” ambitions, announces a partnership with Mastercard. The pair will be issuing joint prepaid cards geared for the Southeast Asian market. Grab will be issuing
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Bolster the Digital Payment Revolution Across “One Belt One Road” Economic Corridors
EMQ, a financial settlement network in Asia based in Hong Kong, and FOMO Pay, a qr code payment solution provider in Singapore, has announced a partnership to support the growing demand for real-time international settlements from Singapore to China, with
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Samsung Joins Global Team Up to Create Yet Another Logistics Blockchain Project
There is still a lot of space in the logistics sector to use digitisation to achieve more transparency and, particularly, more efficiency. This is perhaps why the field of logistics has been of particular interest for companies across the globe, with
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