Archive
10 Fintech Startups Selected for Accenture’s 2020 Innovation Lab Asia-Pacific
Ten fintech companies have been selected for the seventh annual FinTech Innovation Lab Asia-Pacific, a mentorship program created by Accenture that helps startups fine-tune their business plans and solutions by pairing them with mentors from leading financial institutions. This year’s
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Hong Kong’s EMQ Increases Remittance Transaction Value in Japan
EMQ, Hong Kong-based financial settlement network, announced the launch of its high transaction value cross-border settlements in Japan. This launch will enable global businesses to send a maximum of JPY30 million directly into local banks. This enhancement further expands their
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Taiwan’s First Virtual Banks: The Progress So Far
In July 2019, the Financial Supervisory Commission of Taiwan (FSC) gave its approval for the establishment of three virtual banks, though none of them have launched yet. Line Bank, a consortium led by Japan’s Line, was amongst the three companies
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South Korean Kakao Launches Global Blockchain-as-a-Service for Enterprises
Ground X, the blockchain affiliate of South Korean mobile platform Kakao, has launched its global Blockchain-as-a-Service (BaaS) to empower enterprises and developers to build and operate blockchain services. KAS, short for Klaytn API Service, is the Blockchain-as-a-Service to utilise Klaytn,
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Hong Kong Crypto Exchange to Start Trading on Nasdaq
Diginex, a Hong Kong-based digital assets financial services company, announced that it has started listing and trading on Nasdaq. The cryptocurrency exchange operator said that it had completed its business combination transaction with 8i Enterprises Acquisition Corp., a special purpose
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Robo-Advisors Poised for Growth in China
Though robo-advisors are relatively new in China, they are rapidly rising in popularity, with now roughly 38% of adult Internet users using automated, algorithm-driven financial planning services, according to 2020 survey from Kagan, a research division within S&P Global Market
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