Tag "fintech"

Banks in China Are Increasingly Partnering with BigTechs

2019 has been undeniably the year of Chinese commercial banks/tech companies collaborations. Incumbents have been actively pursuing partnerships with tech firms to drive fintech adoption as part of their digital strategies. Meanwhile, Chinese Internet giants have begun shifting their focus

Read More

South Korea Eyeing to Grant More Virtual Banking Licenses

South Korea’s Financial Services Commission (FSC), the government’s top financial regulator, will resume a new round of procedures for granting preliminary approval for digital banks, the FSC said on July 17. Earlier this year, the FSC said it intended to

Read More

A Deeper Look into The Greater Bay Area, China’s Answer to Silicon Valley

The Fintech Association of Hong Kong has released a new report exploring the Greater Bay Area (GBA)’s cities, policies, and fintech landscape. The report, gives an overview of the GBA’s demographics, fintech companies, projects and goals, including policy and regulatory

Read More

How is China’s Smallest Province Hainan Attracting Fintech Giants Like Tencent

Since president Xi Jinping announced a plan to gradually turn Hainan into a pilot free trade zone by 2020 and transform the location into a free trade port by the year 2025, Internet giants and fintech firms are flocking in.

Read More

Facebook Got Data Privacy Wrong, but Could it Get Blockchain and Fintech Right?

It is becoming more apparent that the financial services industry is being reshaped by bigtechs, or the big technology players such as Google, Apple, Facebook, Amazon and Alibaba, which are leveraging data and consumer insights to offer a unique, personalized

Read More

Top 5 Fintech Startups to Watch in Korea in 2019

South Korea is well-known as one of the most wired countries in the world with good education and a top global economy. First, a quick look at why Korean fintech startups have blossomed and then five startups to watch in

Read More

Top 10 Fintech Innovations Labs in Hong Kong

Innovation labs are traditionally associated with tech companies but there are now being embraced by companies across all industries, which are choosing hubs such as San Francisco, Singapore and Hong Kong to base themselves in a bid to pick up

Read More

Top 6 Upcoming Fintech and Blockchain Events in Taiwan

Over the years, Taiwan has remained rather open to blockchain and cryptocurrency, at least compared to its fellow Northeast Asia countries such as China and Korea. While they were originally criticized for lacking any regulation in the Fintech markets, and

Read More

Top 5 Upcoming Fintech Blockchain Conferences in Korea

From Singapore to Korea, the Republic of Korea continues to make moves at becoming a hub in the digital finance and fintech blockchain space. Thus, it is no wonder that a plethora of Fintech start-ups emerges month after month. It

Read More

North Korea is Exploring Fintech and Blockchain

North Korea is exploring the possibility of introducing fintech services to its population with an initial focus on improved payments and mobile technology. Fintech has been growing rapidly around the world and yet there’s still no appreciable fintech services available

Read More