Asia

Bitcoin.com Launches Token Creation Platform “Mint”

Japan-based crypto tech platform Bitcoin.com announced on Thursday the launch of Mint, a free token creation platform. According to Bitcoin.com, Mint was created to Mint to “drive blockchain adoption as it fuels the development of a vast new token ecosystem.” “Mint supports a specific type of… Read More

Dr. Huang Lin Explains Why He’s Developing the ZK-ConSNARK Privacy Protocol for Conducting Secure Cryptocurrency Transactions

The developers of the Suterusu protocol are presently working on a scalable, privacy-preserving second layer solution for secure digital asset management. Any crypto-asset, including Bitcoin (BTC) and Ether (ETH), may soon be used to conduct fully anonymous transactions using the Suterusu protocol. Suterusu’s technology, ZK-ConSNARK,… Read More

Digix, Developer of First Asset-backed Digital Gold Token, Launches Revamped Marketplace and Website

Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and digital platform aim to simplify the process of buying and managing Digix’s native DGX token. The token was launched to meet the increasing… Read More

Bengaluru-based Payments Firm Innoviti to Update its “Self-Healing” Tech, Supported by Dual-SIM Cards Across Point-of-Sales Terminals in India

Bengalaru-based Innoviti, a payment technology developer, has confirmed that it’s updating its “self-healing” technology, which is supported by dual-SIM cards across retail point-of-sales (PoS) terminals in India.  Innoviti’s latest technology has been developed to de-risk the processing of payments made at PoS terminals that are… Read More

SBM Bank India Teams Up with Karbon to Launch Karbon Card, India’s First Corporate Credit Card for Startups

SBM Bank India recently confirmed that it has teamed up with Karbon in order to introduce the Karbon Card, which is notably one of the nation’s first corporate credit card designed specifically for startups or early-stage firms. All corporate credit cards issued will come with… Read More

London-based Fintech Paysafe Appoints Sujit Unni as Firm’s CTO to Strengthen Core Technology Management Team

London-based Fintech Paysafe, a specialized payments service provider, recently appointed Sujit Unni as the firm’s CTO in order to strengthen its core technology management team. Unni will lead Paysafe’s technology strategy and will be expected to assist with the design, and architecture of Paysafe’s end-to-end… Read More

French Fintech EasyEuro Secures $4 Million Through Latest Funding Round to Launch Neobank For SME traders between Europe & Asia

EasyEuro, a France-based fintech startup, announced this week it secured $4 million through its latest investment round, which was led by Shanghai-based Ally Capital, with participation from seed investors SwiftPass, Geoswift, Huashan Capital and Unity Assets. The funds will be used to launch EasyEuro’s neobank… Read More

Direct to Consumer Furniture Company Castlery Now Accepting In-Person & Online Payments With Stripe

Castlery, a direct to consumer furniture store from Singapore, is now accepting in-person and online payments with payment platform Stripe. According to Stripe, Castlery sold its products online, and soon after ventured into offline retail with physical showrooms. “Handling both online and offline payments was… Read More

Payments & Financial Crime Compliance Solutions Provider Pelican Announces Expansion to South Korea Through Strategic Partnership With CMSoft

Pelican, a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, announced on Tuesday it has expanded its global sales reach by partnering with CMSoft Co., Ltd in South Korea. According to Pelican, the new strategic partnership will enable the company… Read More

Klaytn Names Huobi New Blockchain Governance Council Member

Klaytn, a blockchain project led by the South Korean Internet platform Kakao, announced on Tuesday cryptocurrency exchange Huobi is joining the Klaytn Governance Council. With Huobi onboard, the Klaytn Governance Council currently has 28 enterprises, which includes LG Electronics, Union Bank of the Philippines, and… Read More

India’s Largest Private Lender HDFC Bank Appoints Anjani Rathor as Head of Digital Banking

HDFC Bank, the largest private sector lender in India, recently appointed Anjani Rathor as the institution’s new group head of digital banking. Rathor’s official designation is chief digital officer at HDFC. He will be tasked with taking the institution’s digital transformation strategy forward, the bank… Read More

Bitmain Addresses Fraudulent Use of Websites Bitmain.farm & Antminersmiling.com

Bitmain Technologies, a China-based consumer-grade ASIC miner, recently address fraudulent usage of websites Bitmain.farm and Antminersmiling.com. The company reported it discovered some websites that have been impersonating Bitmain and have been communicating with its existing customers under false pretense. “In order to protect the legitimate… Read More

UK’s International Funds Transfer Service PaySend Partners Pakistan’s JS Bank to Launch Digital Wallet for Freelancers

PaySend, a popular UK-established cross-border funds transfer service, has teamed up  with Pakistan’s JS Bank, in order to introduce the “Freelance Wallet” for freelance workers in the $300+ billion economy. Pakistan is notably the world’s fourth fastest-growing global economy for freelancers, with revenues recording an… Read More

China: WeiyangX Fintech Review

Insurtech Platform Huize.com to List on NASDAQ on February 12 On February 6th, online insurance platform Huize.com updated its F-1 prospectus filed to the US Securities and Exchange Commission (SEC), and planned to list on NASDAQ on February 12th, with a stock code “HUIZ”. It… Read More

How to Overcome the Challenges Funders Face in 2020

In my former life as an investment banker I didn’t really pay the world of Fintech much heed. In my mind, Fintechs were the reserve of tech-savvy millennials or early adopters and not something for a Generation X Luddite to pay much attention to. Even… Read More

Singapore Banking Group DBS Completes First Digital Trade Financing Settlement, Performed on New Network Trade Platform

Singapore banking group DBS has reportedly completed the first all-digital trade financing settlement, which was conducted on the country’s newly developed Network Trade Platform (NTP). The platform is blockchain-based but NTP appears to go out of its way not to focus on the technology and… Read More

Pohang University of Science and Technology in South Korea to Issue Digital Diplomas Managed by Blockchain-based Platform

The Pohang University of Science and Technology (POSTECH) in South Korea is planning to issue diplomas and certificates that are stored and managed on a blockchain-based platform. Due to the current coronavirus threat, the Korean university thinks it’s not safe anymore for students to get… Read More

Asian Development Bank Launches ADB Ventures to Support Initiatives for Achieving UN’s Sustainable Development Goals

The Asian Development Bank (ADB) has launched the ADB Ventures platform in order to channel investments and extend support to Asian firms that are creating platforms for achieving the United Nations’ Sustainable Development Goals (SDGs). ADB’s investment fund is taking contributions from several different partners… Read More

Dot Receives $8 Million in Funding led by PayU, Fosun RZ Capital & Info Edge Ventures

Dot, a digital transformation platform for offline to online commerce, has received $8 million in funding led by PayU and Fosun RZ Capital with participation from Info Edge Ventures and more. Dot was founded by PayU India’s ex co-founder Shailaz Nag. Dot says it currently… Read More

Popular Crypto Exchange Zebpay Set to Relaunch in India After Shutting Down Due to Regulatory Pressure

Nearly 16 months after winding down its business operations in India, digital asset exchange Zebpay is reportedly set to resume offering services in the country. Zebpay was one of the most popular crypto exchanges in India. However, it had to shut down because of a… Read More

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