Financial Services News

One of China’s major airlines has selected a digital payments provider to digitise booking payments.

ATM transactions have plummeted to the lowest level in five years as mobile payments became the preferred method.

Israel has broken away from the pack recently in the race to become efficient utilisers of blockchain technology, says Deloitte.

CIMB Bank in Thailand will host talks with ten fintech companies about the design of a trade-finance solution for SMEs in the Asia-Pacific market.

Digital disruption has forced one of Thailand’s biggest banks to keep implementing new services to cope with the threat of digitisation.

Australian listed fintech, Rubik Financial Ltd has signed an agreement to implement its collections platform in Asia.

Banks are not able to roll out IT resources fast enough to cater to demographic changes as 27 per cent of millennials prefer not to have a bank, according to Huawei.

A leading Australian innovator is warning that the country’s lack of private equity will prevent it becoming a major fintech player.

Fintech start-up Airwallex has secured a funding round of $4.5M from a Chinese VC firm ahead of its launch.

Queensland-based local government fund, LGIAsuper, has picked Bravura’s Sonata solution as its new superannuation administration platform.

The Monetary Authority of Singapore has increased the country’s focus on nurturing its growing fintech ecosystem.

London has crowned itself the fintech capital of the world, but investors are now pulling away.

Singapore-based metaresearch engine GoBear, has launched a new function for personal loans in Singapore and Malaysia.

Fintech firms in China are still offering services that do not fall under existing regulation.

OnDeck Australia has today announced that it has, in partnership with CBA, won the Fintech-Bank Collaboration of the Year Award.