Trans-Tasman regulators strengthen bilateral commitment to fintech19/10/2017 Patrick Buncsi News
Australia’s chief corporate regulator ASIC has reaffirmed an agreement with its New Zealand counterpart, the Financial Markets Authority (FMA), to nurture fintech and innovation across the Tasman.
IBM develops high-speed, cross-border payment network on blockchain19/10/2017 Patrick Buncsi News
International technology giant IBM has led a global effort to develop a high-speed, cross-border blockchain network expected to process nearly two-thirds of all cross-border payments in the South Pacific region by early 2018.
York Butter Factory appoints new global CEO18/10/2017 Patrick Buncsi News
Melbourne-based start-up incubator, York Butter Factory (YBF) has appointed former GE and BP executive, Farley Blackman, as global chief executive – a newly created position within the company.
HKMA chief ushers in a ‘new era of smart banking’11/10/2017 Anonymous News
The Hong Kong Monetary Authority (HKMA) has unveiled a set of initiatives to further industry convergence between the banking and technology sectors and deliver a “new era of smart banking” for the territory, the regulator’s chief executive announced...
MAS leads global team in 'world first' inter-bank payment innovation11/10/2017 Patrick Buncsi News
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have led a global effort to successfully develop a ‘world first’ software prototype for inter-bank payments through blockchain.
OCBC, HSBC and Mitsubishi unveil blockchain breakthrough in KYC10/10/2017 Patrick Buncsi News
OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), have teamed with Infocomm Media Development Authority (IMDA), to deliver an industry-first Know Your Customer (KYC) blockchain authorisation system.
SCU launches AI chatbot04/10/2017 Patrick Buncsi News
SCU (formerly Sydney Credit Union) has partnered with Sydney-based fintech, Epictenet, to develop a customer interaction platform utilising artificial intelligence (AI)
Movers and Shakers | September – October 201704/10/2017 Patrick Buncsi News
September saw a number of high-profile appointments across the financial services sector, with noteworthy additions to NAB, ANZ, and the Securities Commission Malaysia.
MAS appoints cybersecurity advisory panel27/09/2017 Patrick Buncsi News
The Monetary Authority of Singapore (MAS) is set to bolster its digital security credentials, announcing a new Cyber Security Advisory Panel (CSAP) to support the state's chief financial regulator.
SE Asia’s 'first' ChatBot speaks volumes for RHB Bank27/09/2017 Patrick Buncsi News
Malaysia’s RHB Bank Berhad, the country’s fourth largest fully integrated financial services group, has teamed with financial product comparison site, RinggitPlus, to launch the region's “first” ‘ChatBot’ – a real-time messenger platform to facilitate personal loan applications.
OCBC rolls out ‘GIRO API’27/09/2017 Patrick Buncsi News
OCBC Bank has released Singapore’s first GIRO payment API, allowing customers to “instantly” and “seamlessly” set up GIRO transactions via third-party websites or apps.
AMP launches LIF online resource hub21/09/2017 Anonymous News
AMP’s insurance arm has launched an online resource hub to assist advisers in implementing the Federal Government’s mandated Life Insurance Framework (LIF).
MAS urges retailers to embrace QR payments13/09/2017 Patrick Buncsi News
The Monetary Authority of Singapore has urged Singapore's small-scale retailers to adopt QR code-based payments, considering it a “practical and convenient” way to introduce consumer-friendly e-payments services into a cash-dominated retail industry, the Singapore regulator’s Payment’s Council said.
DBS unveils mobile-only bank for Indonesia13/09/2017 Patrick Buncsi News
Singapore's DBS Bank has tapped into Indonesia’s booming smartphone market, launching a new “paperless and signatureless” mobile banking service in the archipelago state.