Tagged: taiwan

November 10, 2023 @ 3:04 pm By Omar Faridi  |  

Binance, which is being sued by US regulatory authorities for a wide range of issues while also facing major operational challenges globally, says that it is pleased to be promoting the safety of the virtual-asset ecosystem. Following a law enforcement training workshop in collaboration with… Read More

October 13, 2023 @ 7:09 pm By Omar Faridi  |  

Fime Asia in Taiwan has been accredited by Visa (NYSE: V) in order to support vendors to validate the Level 2 compliance of their contactless payment terminals. This gives solution providers in the APAC region “a local one-stop shop for all their payment compliance needs,… Read More

September 29, 2023 @ 8:34 am By Omar Faridi  |  

Elliptic – the global leader in cryptoasset risk management – is partnering with MaiCoin and MAX Exchange, which are both integral platforms of MaiCoin Group in Taiwan. The collaboration will further MaiCoin Group’s commitment “to advancing digital assets into the mainstream, while providing its clientele… Read More

August 27, 2023 @ 4:42 pm By Omar Faridi  |  

Binance, which is being sued by US regulators for a wide range of issues, is pleased have collaborated with Taiwan’s New Taipei District Prosecutors Office on “a workshop focused on combating cybercrime within the virtual assets space.” Conducted on August 24, the workshop is part… Read More

July 20, 2023 @ 5:12 am By Omar Faridi  |  

Shinhan Bank, SCB TechX, and an unnamed financial institution in Taiwan have announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot, according to a release. The PoC was reportedly built on the Hedera network, a high-performance blockchain. The pilot was said to have… Read More

June 22, 2023 @ 9:13 am By Omar Faridi  |  

International insurtech bolttech announced its partnership with one of Taiwan’s telecommunications providers, Taiwan Mobile, in order “to offer a range of personal insurance options for customers on the Taiwan Mobile app.” Powered by bolttech’s insurance exchange platform, “the first phase of the partnership will see… Read More

June 9, 2023 @ 3:16 pm By Omar Faridi  |  

On June 8, 2023, Binance, which is being sued by US regulators for a wide range of issues, conducted a one-day training program in collaboration with Taiwan’s Criminal Investigation Bureau (CIB) in Taipei. This collaboration is “part of their broader commitment to contribute to combating… Read More

April 28, 2023 @ 1:03 pm By Omar Faridi  |  

TapPay, which is one of the top 100 fintech companies selected by KPMG, has officially enabled Tap to Pay on iPhone in the TapPay iOS app for merchants in Taiwan. Tap to Pay on iPhone “accepts all forms of contactless payments, including Apple Pay, contactless… Read More

January 6, 2023 @ 3:49 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Next Commercial Bank, a new digital bank backed by Chunghwa Telecom, Taiwan’s largest telecom operator, has “gone live on Temenos core banking platform, opening to customers during 2022.” One of the first digital banks in Taiwan “to receive a virtual… Read More

November 21, 2022 @ 10:06 am By JD Alois  |  

CYBAVO, a Taiwan-based “infrastructure-as-a-service platform” enabling digital asset custody tech and security services to firms like cryptocurrency exchanges, NFT marketplaces, cryptocurrency wallet providers, and Fintech service providers, has been acquired by Circle. The purchase was completed during Q3 2022 but was previously announced this past… Read More

September 20, 2022 @ 9:52 pm By Omar Faridi  |  

The Taiwanese card payments market will “grow by 6.2% in 2022 to reach TWD3.5 trillion ($127.5 billion), as the country’s economy gradually recovers from the COVID-19 pandemic,” forecasts GlobalData, a data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments… Read More

August 26, 2022 @ 7:11 pm By Omar Faridi  |  

Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM in order “to replace its legacy core systems with Temenos open platform for composable banking.” Part of the IBM Ecosystem, Temenos and IBM have successfully “teamed for… Read More

January 27, 2022 @ 4:10 pm By Tony Zerucha  |  

Fintech firm XREX announced today it has obtained the money services business (MSB) license from the Financial Transactions and Reports Analysis Centre (FINTRAC) under the Canadian government. The license allows the Taipei-based company to extend its crypto-fiat exchange services, which include cross-border payments, remittances, global… Read More

October 14, 2021 @ 4:37 pm By Omar Faridi  |  

XREX Inc, the Taipei-based neo Fintech, announced that it has implemented a full suite of risk management tools created by TRM Labs, a blockchain intelligence provider, in order to enhance the platform’s ability to “detect and defend against fraud, scammers and suspicious activities.” XREX is… Read More

August 24, 2021 @ 10:31 pm By Tony Zerucha  |  

Canadian venture capital firm ThreeD Capital was among the backers of XREX’s recent US $17 million Pre-Series A financing round. ThreeD Capital acquired 282,386 preferred shares in the Taiwanese tradetech company for US $400,000. “We are very excited about our investment in XREX and its… Read More

June 23, 2021 @ 10:55 pm By Omar Faridi  |  

Bank CTBC Indonesia, which operates as a special unit of CTBC Bank, an established private bank in Taiwan, recently revealed that it has introduced a digital lending platform for a personal loan product, known as KTA Dana Cinta. The KTA Dana Cinta product lets you… Read More

June 14, 2021 @ 6:22 pm By Omar Faridi  |  

Quant trading platform SIGTech has been selected by MasterLink Securities, one of Taiwan’s largest securities dealers, according to a release shared with Crowdfund Insider. As mentioned in the announcement, SIGTech, the provider of quant trading tech for international investment managers, has secured a contract from… Read More

January 26, 2021 @ 11:10 am By Samantha Hurst  |  

  Taiwan’s Financial Supervisory Commission (FSC) recently announced it has granted a banking license to Rakuten International Commercial. The FSC reported that Rakuten International Commercial Bank (RICB) is the first internet-only bank to obtain a banking license in Taiwan. The FSC further revealed that RICB… Read More

January 6, 2021 @ 4:48 pm By Samantha Hurst  |  

  SecuX Technology Inc., a Taiwan-based cryptocurrency hardware wallet provider, announced on Wednesday it is now featuring buy cryptocurrency options through Coinify. SecuX repoted it will now allow its users to add the Buy Crypto feature on its Wallet Web App (My Wallet on SecuX’s… Read More

November 23, 2020 @ 11:33 pm By Omar Faridi  |  

Taiwan’s Joint Credit Information Center (JCIC) is reportedly planning to provide a database for local Fintech firms so that they can obtain relevant information on consumers’ credit risk profiles. Taiwan’s Financial Supervisory Commission (FSC) made this announcement after Fintech companies held a meeting in June… Read More