Tag "fintech"
Taiwanese Fintech Sector Poised for Growth Amid Booming Startup Ecosystem
Taiwan’s booming startup ecosystem and recent fintech developments could be hinting at further growth in the local fintech sector. A leading global supplier of hardware, Taiwan has a vibrant startup ecosystem and is on track to grow into a global
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6 Cloud-Based Services Providers for Financial Institutions and Fintechs
The use of cloud technology is rapidly catching up in financial services, with PwC calling it one of the major fintech trends for 2020. A Cornerstone Advisors study found that a quarter of financial institutions are planning to invest in
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News Roundup: Hong Kong Fintech Week 2019, Product Launches and More
Last week, the Hong Kong Fintech Week returned for its annual week-long fintech gathering. The event, which brought together more than 8,000 attendees for one of the region’s biggest fintech events, was the opportunity for industry stakeholders to make some
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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
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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
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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
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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.
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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
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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
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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
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