Singapore flexes its fintech muscle to the Nordics30/06/2017 Patrick Buncsi News
Singapore’s chief financial regulator has signed a cooperation agreement with its Danish counterpart, the Financial Services Authority (FSA), to assist fintech companies in expanding operations across both markets.
Better PayNow: Singapore launches P2P funds transfer service30/06/2017 Patrick Buncsi News
The Association of Banks in Singapore (ABS) has announced the launch of a new peer-to-peer (P2P) funds transfer service for Singapore-based banking customers.
Australia, Malaysia sign fintech cooperation deal30/06/2017 Patrick Buncsi News
The Australian Securities Investment Commission (ASIC) has signed a cooperation agreement with the Malaysian Securities Commission (SC) to pursue mutual support and development in fintech.
Australia among world leaders in fintech adoption28/06/2017 Patrick Buncsi News
Australia ranks among the world’s top fintech adopters, leaping ahead of rivals Hong Kong, Singapore, and the United States, EY’s FinTech Adoption Index has revealed.
Hong Kong, Guangdong simplify cross-border e-payment transactions28/06/2017 Patrick Buncsi News
The Hong Kong Monetary Authority (HKMA) and the Guangzhou Branch of the People’s Bank of China (PBoC) have launched a cross-border electronic bill presentment and payment (EBPP) service, simplifying mobile and online-based payments between Hong Kong and the mainland's most populace province, the Hong Kong regulator announced.
Mapping Australia’s burgeoning fintech market27/06/2017 Patrick Buncsi News
FinTech Australia, Australia’s peak body for financial technology companies, has released its first member ‘ecosystem map’, providing a graphical layout of leading fintech companies and their place in the local market.
Asian finance giant to build blockchain-based transaction platform27/06/2017 Patrick Buncsi News
One of Asia-Pacific’s largest financial services providers, Japan-based AEON Financial Service, is partnering with IBM Japan to develop a blockchain-based financial platform for the Asian market, the company announced.
AXA Hong Kong appoints new CEO27/06/2017 Patrick Buncsi News
Etienne Bouas-Laurent has been announced as the next chief executive of AXA Hong Kong following the forthcoming retirement of sitting chief executive, Stuart Harrison.
An ‘open’ secret to beating the fintech threat?27/06/2017 Patrick Buncsi News
Facing ruthless competition from customer-savvy fintechs, application programming interfaces (APIs) will prove “crucial” in banks’ fight to reassert their dominance over the wily disruptors, according to Capgemini’s 2017 World Retail Banking Report.
Asia-Pacific fintechs winning the battle for customers27/06/2017 Patrick Buncsi News
A focus on delivering convenience, innovation, and lower fees has paid dividends for Asia-Pacific's fintechs, with the region's customers revealing a clear preference for the tech-centric start-ups over traditional banks, according to Capgemini’s 2017 World Retail Banking Report.
Australia secures fintech agreement with Japan23/06/2017 Patrick Buncsi News
The Australian Securities and Investments Commission has signed an exclusive co-operation deal with Japan’s financial regulator to spur mutual innovation in financial services, the Australian regulator announced today.
ASIC seeks industry feedback to nurture crowd-funding startups23/06/2017 Patrick Buncsi News
The Australian Securities and Investment Commission has requested public feedback to assist in the development of Australia’s crowd-funding industry.
Millennials become dominant presence on CommSec investment platform21/06/2017 Patrick Buncsi News
Millennials are set to dominate CommSec by force of numbers, representing half of all new customers signing on to the share trading platform, according to data released by CBA.
Australian fintech claims victory at global innovation challenge21/06/2017 Patrick Buncsi News
Sydney-based banking software developer, Avoka, has taken home the gong at the ATB Financial Customer Onboarding Global Innovation Challenge, beating out rivals from the UK, US, Europe and the Asia-Pacific.