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.
Rivals’ merger births world’s third biggest fintech21/06/2017 Patrick Buncsi News
Leading financial technology developers, Misys and D+H, have merged to create Finastra – the world’s third largest fintech.
Insurance giant pilots blockchain-powered policies20/06/2017 Patrick Buncsi News
Global insurance and banking heavyweights, AIG and Standard Chartered Bank, have teamed with technology titan IBM to pilot the world’s first multinational, ‘smart contract’ insurance policy developed with blockchain technology.
Nine out of 10 ASEAN CEOs relish disruption – KPMG20/06/2017 Patrick Buncsi News
Three out of four chief executives around the globe see disruption as an opportunity rather than a threat, with an average of 94 per cent of Singapore and ASEAN chief executives expressing the same optimism around disruption, according to KPMG's 2017 Global CEO Outlook survey.
Getting chatty: UBS to develop ‘industry first’ social chat network20/06/2017 Patrick Buncsi News
UBS’ Wealth Management division has announced plans to develop a secure social chat facility, providing a direct communication channel between clients and advisers.
India’s banking sector set for bumper 201720/06/2017 Patrick Buncsi News
India’s banking and securities industries are forecast to grow by 8.6 per cent in 2017, according to Gartner's global industry forecast.
Australian CEOs most pessimistic over global growth14/06/2017 Patrick Buncsi News
Australian CEOs are among the world’s most pessimistic when it comes to assessing global economic growth, according to results from KPMG’s annual Global CEO Outlook survey.
Could banks’ collaboration with fintechs disarm the 'BigTech' threat?14/06/2017 Patrick Buncsi News
Collaboration rather than competition between fintechs and established banks will help mount the best challenge against a looming ‘BigTech’ threat, according to a recent study by The Australian Digital Transformation Lab, a research partnership between the University of Sydney Business School and Capgemini.
Hong Kong & Australia ink fintech cooperation deal14/06/2017 Patrick Buncsi News
The chief regulators for Hong Kong and Australian's investment and securities markets have signed a cooperation agreement to nurture innovation in Asia-Pacific's most dynamic fintech hubs.
Singapore regulator champions rise of the robos13/06/2017 Patrick Buncsi News
The Monetary Authority of Singapore has proffered its take on the imminent explosion of digital advisory – or ‘robo’ – wealth management services and has asked the public to weigh in on the robo surge.
HSBC unveils its own B2B ‘social network’13/06/2017 Patrick Buncsi News
HSBC is going social... alone, launching a dedicated network for its business clients to connect, communicate and share resources, the bank announced.
World’s biggest bank launches e-commerce platform for HK13/06/2017 Patrick Buncsi News
The Industrial and Commercial Bank of China, the world’s largest bank by market capitalisation, has launched a new e-commerce platform for the Hong Kong market.
Singapore signs fintech cooperation pact with the Americas09/06/2017 Patrick Buncsi News
Singapore’s Monetary Authority has inked a cooperative agreement on fintech with the Association of Supervisors of Banks of the Americas, strengthening ties between Singapore and Latin America's burgeoning fintech markets.
Can’t beat ‘em? Demo ‘em: Citi showcases fintech’s brightest minds09/06/2017 Patrick Buncsi News
Over half a year in the making, the day has arrived: 'Demo Day' (Singapore) that is – a chance for finalists from the Asia-Pacific round of the Citi Tech Integrity Challenge to showcase their innovations, and quite possibly reshape the public sector and industry as we know them today.
FST Media spoke with Laura Gaviria Halaby, chief coordinator of the T4I, to discuss how the event seeks to inspire innovations that promote integrity and accountability.