Financial Technology

Singapore inks deal with Dubai to bolster fintech ties

They will implement joint projects involving digital and mobile payments and blockchain.

Singapore inks deal with Dubai to bolster fintech ties

They will implement joint projects involving digital and mobile payments and blockchain.

Bank of East Asia's half-year profit surges 25.9% to $3.99b

Earnings were boosted by net fee and commission income growth.

Will Singapore banks' digital home loans rattle incumbent proptechs?

OCBC has already scored $200m worth of home loans from its digital solution.

OCBC rolls out robo-investment service

It has an initial investment amount of $3,500.

Tech firms may soon be allowed to own internet-only banks in South Korea

A bill is paving the way for tech firms to be the largest shareholders.

Shinhan Bank ties up with telco provider for blockchain platform

The move aims to capitalise on the government’s digital voucher efforts.

UOB unveils digital business solutions for SMEs

Businesses can soon gain real-time overview of their operations.

Nearly half of Singapore fintech funding are $10m and above in H1

This bucks the trend that startups are only receiving seed funding.

Singapore nabbed Asia's fintech crown from Hong Kong in 2017

Total fintech funding hit $983.6m in 2017 versus Hong Kong's $596.8m.

UOB unveils plans to launch ASEAN digital bank

It will tap on mobile-first and mobile-only customers.

Citibank Hong Kong boosts API ecosystem with three new partnerships

Watsons, EGL Tours and Fortress will integrate Citi Pay with Points API into their platforms.

Over 60 applicants scramble for a Hong Kong virtual banking license

This includes Standard Chartered Bank and online loan platform WeLab.

Open banking loses steam in Australia with 3 in 5 consumers hesitant to share data

Consumers remain wary of banks in light of the damaging inquiry. Open banking is facing considerable headway in Australia as three in five banking...

China and India to intensify fintech oversight as risks mount

Fitch believes that the possibility of disruption is higher in these markets.

Singaporeans ditch bank visits to go mobile

Mobile banking usage has now overtaken branch visits by 15%.