Financial Technology
Australia's Westpac launches Singapore innovation lab
co.lab will help Australian fintechs crack the Asian market.
Australia's Westpac launches Singapore innovation lab
co.lab will help Australian fintechs crack the Asian market.
Hong Kong's Faster Payment System processed 1.58 million transactions in October
The value of Hong Kong dollar-denominated transactions hit $33.29b.
Singapore fintechs give China a run for its money
Ride-hailing firm Grab nabbed a place in the top five.
Sibos 2018: China and Australia put APAC on the map in global fintech league
Three of the top five in KPMG's Fintech100 were nabbed by Chinese firms.
Ride hailing firm Grab inks prepaid card partnership with Mastercard
Customers can transact and top up their prepaid cards through any drivers and merchants.
OCBC enables instant SME account opening
It has tapped on data repository MyInfo.
Hong Kong digital banking startup Neat raised $2m to boost hiring
It aims to bolster onboarding for its mobile banking solution.
Hang Seng Bank enhances capabilities of AI-powered chatbot
‘HARO’ can now help customers manage their personal finances.
Indonesia's mid-sized banks struggle against digital dominance of state lenders
Top players are accounting for the lion's share of e-banking fees.
Standard Chartered to pilot blockchain-powered smart guarantees for trade finance
The bank aims to digitise the previously paper-intensive process.
Singapore inks deal with Dubai to bolster fintech ties
They will implement joint projects involving digital and mobile payments and blockchain.
Bank of East Asia's half-year profit surges 25.9% to $3.99b
Earnings were boosted by net fee and commission income growth.
Will Singapore banks' digital home loans rattle incumbent proptechs?
OCBC has already scored $200m worth of home loans from its digital solution.
OCBC rolls out robo-investment service
It has an initial investment amount of $3,500.
Tech firms may soon be allowed to own internet-only banks in South Korea
A bill is paving the way for tech firms to be the largest shareholders.
Thailand moves forward in wholesale digital currency development plan
The first phase will be completed by Q1 2019.
Shinhan Bank ties up with telco provider for blockchain platform
The move aims to capitalise on the government’s digital voucher efforts.
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