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DBS and OCBC push QR codes for mobile payments

Over the coming months, some 2,000 Nets terminals will be enabled for QR code-based payments, rising to 10,000 by the end of the year.

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Mizuho to go live with DLT-based trade finance application

The project will entail the exchange of digitised letters of credit for actual trade transactions between Japan and overseas clients,...

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Standard Chartered supercharges fintech accelerator graudates

The three month programme saw eight promising startups put through their paces at SuperCharger's 2000 sq. ft. co-working office in Hong...

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National Bank of Cambodia inks DLT development deal

Created by Soramitsu, Hyperledger Iroha is a software framework administered as part of the Linux Foundation's Hyperledger Project that...

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Paytm in talks to raise over $1 bn funding from SoftBank

New Delhi, Apr 19 () Fintech company Paytm is believed to be in discussions with Japanese conglomerate SoftBank to raise over USD 1...

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MortgageHippo secures $2.25M to bring more mortgages online

Illinois based lending platform MortgageHippo has raised $2.25 in Series Seed funding led by CMFG Ventures. MortgageHippo’s flagship...

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Irish fintech start-up Rubicoin raises a further €1.4m

Irish investment app platform Rubicoin has raised a further €1.4m in new funding bringing the company's funding total to over €5m....

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Insurance Customers Need to Get Used to Talking to Machines

Insurance companies will spend on average $90 million on artificial-intelligence technologies by 2020. That would place insurers in 4th...

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Five areas of fintech that are attracting investment

The 2017 FT Future of Fintech awards are upon us, highlighting that China, cyber security, artificial intelligence, blockchain technology...

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Indonesia’s Paytm In The Making - Fintech Startup Ayopop Aims To Revolutionise Payments In The Archi

Chiragh met Jakob Rost, who came equipped with the experience of running one of the biggest ecommerce companies of the archipelago, 

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How WeChat Pay became Alipay’s largest rival

Mobile payments is one of those areas of contention. It’s a lucrative and high-growth market, growing more than 200 percent year-on-year...

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South Korea makes coinless society push

According to the Korea Times, the country's central bank has signed several retailers, including CU and Seven Eleven, for the trial.

At...

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Alibaba's Ant Financial merges with helloPay Group

Under the terms of the agreement, helloPay will be rebranded as Alipay Singapore, Alipay Malaysia, Alipay Indonesia and Alipay Philippines.

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Swift and EastNets deny hacker claims that NSA infiltrated back door to spy on Mid East banks

The claims were made by elite hacking outfit Shadow Brokers in a blog post which railed against Donald trump's missile strikes in Syria....

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Nomura Launches Voyager-Nomura FinTech Partnership

Nomura, Asia’s global investment bank, has been at the forefront recognizing this new tech-driven innovation in financial services....

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Ant Financial raises MoneyGram offer to $1.2bn

The MoneyGram board of directors has unanimously approved the amended agreement, worth $18 a share in cash, up from the $13.25 initially...

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Belgium’s Qover raises €5.5 million in Series A funding

Belgian financial technology startup Qover has raised €5.5 million in a Series A round led by Anthemis.

Qover is a startup in the growing “insurtech” space. It provides digital insurance APIs to help build digital insurance products. With...…

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The Dark Secret at the Heart of AI

No one really knows how the most advanced algorithms do what they do. That could be a problem....This is a great Article on that side of AI

Last year, a strange self-driving car was released onto the quiet roads of Monmouth County, New Jersey. The experimental vehicle,...…

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Affirm Announces 1 Millionth Installment Loan

Affirm's loan volume more than tripled in 2016, growing to "hundreds of millions of dollars."  The company also expanded from 100 to 900...

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FinTech startup Neyber closes £7.5m Series B

FinTech startup Neyber, which allows employers to offer access to ‘affordable’ loans, has raised £7.5m in Series B funding.

The London-based company drew support from investors including Deutsche Bank COO, Henry Ritchotte, and Credit Suisse investment bank...…

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Qatar bank trials DLT for international money transfers

The bank says that it worked with Turkey's ABank, National Bank of Oman, United Arab Bank and other partners in Egypt and India to build...

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OCBC Bank launches Emma, the mortgage chatbot

Developed in collaboration with CogniCo - a graduate from the bank's startup accelerator programme - Emma interprets questions asked by...

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Abu Dhabi Securities Exchange chief talks up blockchain

“Blockchain is the most innovative technology in digital transactions. It represents the second generation of the internet and has...

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First Islamic fintech gets UK regulator's approval

Yielders, an equity-based crowdfunding platform for UK property investment, was given the green light by the Financial Conduct Authority...

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London and Singapore remain world's top fintech hubs

The study is the second output of the Global Fintech Hubs Federation, an initiative by Swift's innovation arm Innotribe and the UK's...

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Asia's fintech wave good for financial sector: Nasdaq

NASDAQ'S Asia-Pacific unit is confident fintech-driven disruption in the region's financial services sector will fuel significant growth.

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Fintech deal size in Southeast Asia dropped in 2016, is only tiny spec of global market volume

As I wrote last time, in 2016 China became the new leader in fintech worldwide with 39 per cent of global volume.

Vice versa, investments...

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Fintech Currency Firm Opens in India

Fintech currency firm World First joined a U.K. Government delegation to launch its service in India. 

As the business accelerates its...

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Elevate Credit pulls off lending IPO

Texas based consumer subprime online lender has officially IPO'd this week (after a failed attempt in 2016) at a valuation of $242.5m. 

After postponing its IPO last year, Elevate Credit, the venture-backed lending company, went public on the New York Stock Exchange today....…

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Why Your Extra-Safe Car Costs More to Insure High-tech collision-prevention systems on cars help pre

There is a simple answer. High-tech collision-prevention systems on cars help prevent crashes but cost a lot to repair!

New cars loaded with high-tech crash-prevention gear are having a perverse effect on car-insurance costs: They are soaring. Safety...…

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The country where 70% of millennials are homeowners

While young people around the world are struggling to get on the property ladder, an HSBC study found that 70% of Chinese millennials...

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Payments company Ayopop raises $1m seed funding

Jakarta based payments platform Ayopop has raised $1m in Seed funding led by GREE Ventures. Ayopop allows users to pay a wide range of...

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Betterment co-founder Eli Broverman steps down

The changes for two pioneers of the digital advice space come as the sector matures; major banks and wirehouses are ramping up their own...

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WhatsApp will reportedly launch peer-to-peer payments in India within 6 months

WhatsApp may be about to introduce peer-to-peer payments in India, which is its largest market with over 200 million users.

“India is an important country for WhatsApp, and we’re understanding how we can contribute more to the vision of Digital India. We’re...…

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ShapeShift Closes $10.4M in Series A Funding SWITZERLAND

Quite some Blockchain/BitCoin funding, could also be that several of the Seed funded companies now need to get re-funded, and next to the...

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Bitcoin Hardware Wallet Startup Ledger Raises $7 Million

Paris based bitcoin hardware startup Ledger has raised $7m in Series A funding led by MAIF Avenir. Ledger produces hardware where users...

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Illuminate Financial and IHS Markit to offer cheap capital markets data to fintech startups

And another partnership and Sandbox....next company will be a Sandbox comparison portal helping start-ups to navigate which sandbox fits...

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BAHRAIN SIGNS WITH SINGAPORE FINTECH CONSORTIUM AND TRUCIAL

Looks like each month # of partnerships is growing between Cities, Banks and Start-ups! Great momentum

We are proud to announce our partnership with the Bahrain Economic Development (EDB) and Dubai-based asset management and advisory firm...…

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