ANZ and Westpac have teamed with international technology powerhouse, IBM, and the country’s largest shopping centre owner, Scentre Group, to successfully deliver a blockchain-enabled guarantee process for commercial property leasing.
Westpac will follow in the wake of ANZ to become the second Australian ‘Big Four’ to join Swift's blockchain validation test program, the global payments messaging service announced.
DBS Bank has launched a fast-tracked electronic payment service for travel insurance claims, a joint initiative with Singapore-based insurer, MSIG.
Delta Insurance, an Auckland-based ‘insur-tech’, has opened its first overseas office in Singapore, delivering Asia’s “first cyber and technology Lloyd’s coverholder,” the company announced.
The Commonwealth Bank's mobile app has ranked number one in Forrester’s Global Mobile Banking Functionality Benchmark, edging out rival, Westpac, by a single point.
Hong Kong may be at the forefront of fintech and mobile banking innovation, but their banks' failure to adopt a critical future-proofing technology could leave the industry in the dust of their global rivals.
Jean-Louis Laurent Josi will step down as chief executive of AXA Asia, the company announced on Thursday.
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.
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.
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 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.
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.
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.
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.
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.
