Asia

April 10, 2018 @ 11:19 am By Samantha Hurst  |  

EMQ, a fintech firm with an extensive financial settlement network in Asia, announced on Tuesday a strategic partnership with Kotak Mahindra Bank to expand EMQ’s network footprint in India. This partnership will aid in meeting the growing demand for instant remittances to the country from more… Read More

April 9, 2018 @ 7:43 am By Samantha Hurst  |  

SenseTime, a Chinese artificial intelligence (AI) company, announced on Monday it raised $600 million during its Series C round of funding, which was led by the Alibaba Group with participation from  Temasek and Suning. This round of funding comes less than a year after the company raised $410 million through its… Read More

April 8, 2018 @ 11:49 pm By JD Alois  |  

Singapore based Marvelstone Group has launched a private equity fund for artificial intelligence (AI) investment. Marvelstone said it will invest in AI startups and projects through Marvelstone Capital, across geographies including the UK, China, Singapore, and Canada. The open-ended fund is targeting a capital raise… Read More

April 8, 2018 @ 12:00 pm By Cali Haan  |  

Musicians are increasingly looking to crypto to secure and boost bottom lines. Korean paper The Chosun Ilbo reported in February that Korean girl band T-ara are working with Australian firm ENTCash to produce a cryptocurrency or token that fans will be able to trade for… Read More

April 8, 2018 @ 10:00 am By Cali Haan  |  

In addition to calling Craig Wright a fraud, Vitalik Buterin addressed serious matters in Ethereum scaling at the Deconomy Summit in Seoul, Korea April 4th.   Vitalik Buterin calls Craig Wright (fake Satoshi Nakamoto) a fraud, while standing in front of him. #Ethereum #Bitcoin pic.twitter.com/lWd2cqLXfj… Read More

April 6, 2018 @ 3:31 am By JD Alois  |  

LATTICE80 announced the world’s largest Fintech Hub in Singapore with great fanfare at the end of 2016. The Singapore hub was housing almost 100 Fintech startups at one point. Expectations were to open 10 more hubs globally housing a thousand Fintech focused startups. Today, the… Read More

April 5, 2018 @ 1:19 pm By Erin Hobey  |  

In an effort to identify key innovators in fintech, the LATTICE80 team has created “top” Fintech influencers lists in Europe, Asia and the Middle East.  The Fintech Hub’s  lists are prefaced with sector highlights. Let’s start with Europe: “The Fintech industry in mainland Europe and… Read More

April 5, 2018 @ 4:16 am By Cali Haan  |  

CEO Edmund Lowell of the Hong Kong-incorporated blockchain ID company SelfKey hosted an AMA on reddit last Thursday, “in line with our commitment to transparency.” KEY tokens are currently trading for a fraction of what they debuted at on exchanges in January. One redditor asked… Read More

April 4, 2018 @ 2:07 pm By Samantha Hurst  |  

On Wednesday, Japan’s Financial Services Agency (FSA) announced it Exchanged of Letters for Cooperate Framework on fintech with the Swiss Financial Market Supervisory Authority (FINMA). According to the organization, this Cooperate Framework recognizes the global nature of innovation in financial services and intends to enhance… Read More

April 4, 2018 @ 11:32 am By Samantha Hurst  |  

Digital challenger bank Revolut announced on Wednesday it is currently making plans to launch in Singapore. This news comes just after the company announced it launched “disposable’ virtual cards. “From clunky apps to hidden fees, banking as we know it is broken. That’s why we decided to… Read More

April 4, 2018 @ 10:44 am By Erin Hobey  |  

Y-Combinator-backed Request Network Foundation launched its cryptocurrency payments service which allowing users to send and request payments or make money transfers in cryptocurrencies. “We’re very excited to see the ways in which developers connect with the technology, and use it to make cryptocurrency payments mainstream,… Read More

April 3, 2018 @ 6:16 pm By JD Alois  |  

Zilliqa has Released their public testnet of a Blockchain that deals with the technology’s biggest hurdle: the ability to scale and serve the demands of global financial institutions. Zilliqa uses a technique called sharding that apparently can enable their Blockchain to hit transaction speeds similar… Read More

April 3, 2018 @ 10:53 am By Erin Hobey  |  

Digital payments services are now live on India’s Microsoft Kaizala. By integrating the payment and both organizations’ mobile payment infrastructure services of Yes Bank and MobiKwik, Microsoft Kaizala users may swiftly send or receive money without having to leave the Kaizala mobile app. With Microsoft Kaizala, users will… Read More

April 2, 2018 @ 11:44 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced that it is working with key financial industry stakeholders to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions. The discussion on deep data and who… Read More

March 31, 2018 @ 1:16 pm By Xu Gao  |  

Cross-Border Payment Company iPayLinks Wins Hundreds of Million-Yuan B1 Round of Financing led by Tencent On March 28th, cross-border payment company iPayLinks announced that it had completed, at the beginning of this year, a hundreds of million-yuan B1 round of financing led by Tencent and… Read More

March 30, 2018 @ 10:48 am By Samantha Hurst  |  

Temenos (SIX: TEMN), a banking software company, announces on Thursday that the audience of the Innovation Jam in Hong Kong has voted vPhrase the winner of the fintech competition. Held in conjunction with Fintech Supercharger, an Asia fintech accelerator, the Hong Kong Innovation Jam, brought together eight fintech… Read More

March 29, 2018 @ 9:03 pm By Samantha Hurst  |  

Dianrong and China United SME Guarantee Corporation, known as Sino Guarantee announced the launch of a new lenders protection plan for Dianrong customers. According to the duo, this new protection plan went into effect at the beginning of 2018 and is designed to provide third-party… Read More

March 29, 2018 @ 8:50 am By Samantha Hurst  |  

On Thursday, CreditEase announced its venture fund, Credit FinTech Investment Fund (CEFIF) recently participated in the $70 million Series B investment round in market fintech company, Branch International. The fund reported that other investors of the funding round included International Finance Corporation (IFC), Andreessen Horowitz,… Read More

March 28, 2018 @ 3:53 pm By Samantha Hurst  |  

On Wednesday, Hong Kong Polytechnic University (PolyU) joins forces with Australia’s Monash University and CollinStar Capital to establish a university-industry joint research laboratory on blockchain and cryptocurrency technologies in Hong Kong. The organization reported: “Blockchain, a technology that underpins cryptocurrencies, has substantial potential to transform… Read More

March 28, 2018 @ 10:04 am By Erin Hobey  |  

CoinDesk, Inc, a digital media, events and information services company for the crypto and blockchain community, has partnered with South Korean daily newspaper The Hankyoreh to help launch the new CoinDesk Korea. With the new partnership, The Hankyoreh will translate and distribute CoinDesk’s daily news in Korean,… Read More