Asia

March 12, 2018 @ 8:51 am By JD Alois  |  

Zilliqa, a Fintech that is working on high-speed Blockchain technology that is predicted to rival transaction speeds of VISA, has hired En Hui Ong as Head of Business Development. Ong was most recently at JPMorgan and prior to that she worked at Blackrock. Ong will… Read More

March 12, 2018 @ 4:00 am By JD Alois  |  

GTR Ventures, an investment and venture platform that is specializing in the global trade and supply chain financing sector, has announced investments in five Fintechs based in the UK and Asia: Tradeteq, Trade Finance Market, Culum Capital, eFundSME and Incomlend. Launched in September 2017 with… Read More

March 11, 2018 @ 9:43 pm By JD Alois  |  

Zhou Xiaochuan, the Governor of the People’s Bank of China (PBOC), participated in a press conference on Friday addressing a diverse group of topics regarding financial reform. Mixed within the presser, the leader of the Chinese central bank addressed initial coin offerings (ICOs) and Bitcoin… Read More

March 11, 2018 @ 5:20 pm By JD Alois  |  

Binance recently revealed a foiled attempt to hack their cryptocurrency exchange. The sophisticated ploy was uncovered by their “automatic risk management system” before any theft of funds took place. Today, Binance is going on the offensive by offering a $250,000 bounty to anyone that provides information… Read More

March 11, 2018 @ 1:42 pm By Xu Gao  |  

  Fintech Remarks and Proposals from 2018 Two Legislative Sessions March 3rd saw the opening of “2018 NPC & CPPCC: annual legislative and political advisory sessions” in China. Here are some fintech related remarks and proposals that we summarized from this year’s sessions. (Source: 01Caijing)… Read More

March 9, 2018 @ 3:28 pm By JD Alois  |  

Wemerge Ventures Ltd, a Blockchain project that brings together entrepreneurs, angel investors, blockchain experts and top management with MNC experience from the US, China, India, Lithuania, Australia, Singapore and Malaysia, has launched a community blockchain incubator. During an event in Malaysia, the group announced their… Read More

March 9, 2018 @ 8:23 am By Samantha Hurst  |  

The Hong Kong Monetary Authority (HKMA) announced on Friday it has signed a Memorandum of Understanding (MoU) with the Polish Financial Supervision Authority (KNF) exchanged a Memorandum of Understanding (MoU to enhance fintech collaboration between the two authorities, with a view to strengthening co-operation between… Read More

March 9, 2018 @ 7:49 am By Samantha Hurst  |  

Global Fintech Hub LATTICE80 announced on Friday it has strategically relocated its global headquarters from Singapore to London. The hub also reported that it is planning to expand into several cities globally, which includes London, New York City, and Seoul. This news comes just days after… Read More

March 8, 2018 @ 10:12 am By Samantha Hurst  |  

Sentbe, a digital money transfer operator in South Korea, announced this week it has teamed up with TransferTo, a global cross-border mobile payments network for emerging markets to offer its customers greater flexibility and reach to perform real-time money transfers from South Korea to more than 60 countries across… Read More

March 8, 2018 @ 9:12 am By JD Alois  |  

XinFin Fintech Pte. Ltd, a Singapore-based Blockchain platform targeting global trade and finance, has integrated with the Bancor Protocol to provide continuous liquidity for the XinFin platform. XinFin says it has developed a sca​lable, secure, permissioned and commercial grade hybrid Blockchain architecture by forking JP Morgan’s Quorum. The… Read More

March 8, 2018 @ 2:34 am By JD Alois  |  

GIFTO, a blockchain based gifting platform, has announced a partnership with DATx that will enable GIFTO to use DATx’s ability to discover fake nodes within the GIFTO blockchain, remove and eliminate them from the root cause before any of the fake nodes can cause damage…. Read More

March 7, 2018 @ 3:11 pm By Samantha Hurst  |  

Digital payment platform Alipay announced this week it has reached a new partnership milestone with Canada-based fintech Motion Pay Technology Inc. According to the company, the partnership has resulted in a significant number of merchants across Canada enabling Alipay at point-of-sale.  According to the duo, Alipay is now accepted… Read More

March 7, 2018 @ 3:02 pm By Samantha Hurst  |  

On Tuesday, Ripple announced that the Japanese Bank Consortium will release MoneyTap mobile app, which is powered by the company’s blockchain technology, to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week. According to Ripple, MoneyTap… Read More

March 7, 2018 @ 11:36 am By Samantha Hurst  |  

Global Fintech Hub LATTICE80 announced on Wednesday it has signed a memorandum of understanding (MoU) with Nanyang Polytechnic mid last year in 2017 to offer a first-of-its-kind fintech experience programme for its year 1 and 2 students. This news comes just as Lattice80 prepares to launch… Read More

March 7, 2018 @ 10:15 am By Samantha Hurst  |  

PINTEC, a China-based end-to-end fintech solution provider, announced on Tuesday it was expanding its partnerships with e-commerce installment platform for luxury products Shefenqi to provide a customized interest-free installment financing solution for all products on Shefenqi’s platform. According to PINTEC, Shefenqi is backed by Tencent and… Read More

March 7, 2018 @ 9:54 am By Samantha Hurst  |  

The Symbiosism Economy Foundation (SEF) announced on Tuesday it has become a member with voting rights of the Singapore FinTech Association (SFA), a cross-industry, non-profit association that aims to be a platform for collaboration between all market participants and stakeholders in the financial technology ecosystem. Established in… Read More

March 6, 2018 @ 10:44 pm By JD Alois  |  

Dare to be the best. Far Eastern Air Transport or FAT Taiwan Inc. has announced it will “fully accept encrypted digital currency” to purchase airline tickets and related services. FAT wants to be a pioneer in the airline industry and its decision to embrace Bitcoin… Read More

March 6, 2018 @ 9:15 am By JD Alois  |  

Singapore based Fintech Hub LATTICE80 will begin their Initial Coin Offering (ICO) at some point this month (March). The ICO will commence with a private sale for approved investors. LATTICE80 will issue “KAYA” tokens as part of its vision to connect Fintech and Blockchain startups globally… Read More

March 5, 2018 @ 7:05 am By JD Alois  |  

Speedy blockchain platform Ziliqa has added smart contract technology experts Dr. Ilya Sergey and Evan Cheng to their advisory board. Ziliqa is a project founded by researchers at the National University of Singapore and is designed to address the transactional shortcomings in most of the Blockchain… Read More

March 5, 2018 @ 6:49 am By JD Alois  |  

Bank Negara Malaysia (the central bank of Malaysia) has published an Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies. The document sets out the minimum requirements that a reporting institution must observe to increase the transparency of activities relating to digital currencies, such… Read More