Archive

Why We Should Eliminate Passwords as Passwordless Authentication Is the Future

The computer password has been around for more than 6 decades. The first password can be traced back to 1961 in Massachusetts when a computer at MIT was protected with a password for secure login. Incidentally, MIT’s time-sharing system was

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KPMG Releases China Top 100 Fintech Companies List of 2021

KPMG China has released its annual selection of the country’s top 100 fintech enterprises and emerging leaders. Like previous years, the 100 companies comprising the 2021 China Leading Fintech 50 and Future 50 selection were chosen by a committee of

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Here Are 11 Promising Hong Kong Startups Featured at the Asian Financial Forum

The 15th Asian Financial Forum (AFF) gathered around 100 startups from various tech and fintech sectors spanning from blockchain, wealthtech, regtech, AI, and more to showcase game changing solutions to address business pain points and to help corporates with their

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Choco Up Partners Airwallex to Power E-Commerce Merchants’ Global Expansion

Choco Up, a revenue-based financing and growth platform, has partnered with global fintech platform Airwallex to support the growth of cross-border e-commerce. Bringing together Airwallex’s global payment technology with Choco Up’s funding platform and analytics tools, this solution will serve

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Artificial Intelligence as a Catalyst to Accelerate Financial Inclusion

The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to be a US$450 billion opportunity. But what’s the real story around what AI can do? Beyond just automating certain processes, AI

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HSBC Partners Animoca Brands’ The Sandbox to Make Its Metaverse Debut

HSBC has partnered with The Sandbox, a decentralised gaming virtual world and subsidiary of Animoca Brands, to connect with an emerging generation of metaverse participants and entrepreneurs through immersive experiences. The bank said that it is acquiring a 3×3 LAND

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Hex Trust Closes US$88 Million Series B Co-led by Animoca Brands, Liberty City Ventures

Hex Trust, a digital asset custodian which is fully licensed in Hong Kong and Singapore, announced that it has closed its Series B funding round of US$88 million co-led by Animoca Brands and Liberty City Ventures. Hex Trust’s Series B includes

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ConsenSys Raises US$450 Million Series D From Temasek, SoftBank and Microsoft

Global blockchain software company ConsenSys announced the close of a US$450 million Series D financing round, bringing its valuation to over US$7 billion. ParaFi Capital led this raise after participating in ConsenSys’ Series C round in November 2021. New investors

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Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says

Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the need to upgrade their IT security strategy to address the ongoing digital shift, according to a new survey by Okta,

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Airwallex Supports Investment App Plum’s Cross-Border Payments and FX Needs

Global fintech platform Airwallex announced its partnership with London-based investing app Plum to support its cross-border payments and FX needs. Airwallex was chosen as Plum’s global payments and FX partner to support the launch of the latter’s new stock investing

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