Category : Fintech News

«Olympics» of Legal Hackathons in Singapore

The Singapore Academy of Law’s Future Law Innovation Programme and Singtel are co-organising the Singapore leg of the Global Legal Hackathon 2019.

How can technology help us with boring paperwork?

Adulthood can be pretty interesting given that we live in the day and age of rapid technological advancement. However, some things from everyday life can be not only stressful but boring as well. Whether it’s going to the bank or the doctor, there’s...

Paragon Expands into Soft Assets in Response to Shift in UK Industries

Paragon’s Asset finance has expanded its proposition to finance soft assets along with its existing support for traditional hard assets. The move reflects the evolving world of British businesses in the 21st Century and will allow the bank to get mor...

Objectivity Acquires Algorfin from Unione Fiduciaria

Objectway, the leading Fintech group in Italy and one of the premier European players in software and services for the wealth, investment and asset management industries, acquired Algorfin, the software and services division of Unione Fiduciaria S.p....

LMAX Exchange Appoints Industry Veteran Himanshu Kher as Group Treasurer

LMAX Exchange Group, a leading player in global capital markets that operates multiple institutional exchanges for electronic trading of FX and cryptocurrencies, has appointed Himanshu Kher as Group Treasurer. Himanshu began in this newly created rol...

Marketing Platform, Rally, Connects Digital Token for its 20,000+ Users

Rally, the marketplace that rewards users for word-of-mouth recommendations, has unveiled the Rally Token onto Ethereum’s public network. Users have already capitalised on its offering, with 10m Rally tokens distributed and 70,000 transactions conduc...

Falcon Reinforces Crypto Offering

After Vontobel and Bank Frick positioned themselves as custodians of cryptocurrencies, Falcon Private Bank is poised to make cryptos «bankable», finews.asia has learned.

Now on Twitter: Klarna’s Snoop Dogg Investment Announcement a ‘Bold’ Move

If you don’t have Snoop Dogg, what do you have? That’s what fintech startups other than Klarna must be thinking after the Swedish payments company announced this week it was bringing the rap icon onto its team as an investor. Snoop Dogg called it a “...

Amex Turns to Service-Focused Apps to Add Rewards and Cashback Perks

Rewards and cashback programs, crucial growth tools for credit card businesses, have traditionally been based on what consumers buy. American Express Co. is turning to consumer-focused service apps for giving its customers more tailored rewards, acco...

WeBank: Banks Must Open Capabilities to Market

To stay competitive in the fintech era, traditional banks must open their capabilities to the market and work with partners to co-innovate, said the vice-president and chief innovation officer of WeBank.

Bank Execs Optimistic Tech Spend Will Yield Cost Savings, Eventually

Executives at the four big U.S. banks seem to be optimistic their technology and innovation investments will pay off in the long run, and fourth quarter earnings for 2018 suggest some are already seeing progress on finding efficiency. Asked during JP...

How Banks Woo Rich Heirs: Silicon Valley Tour Ending at Dive Bar

It’s karaoke Thursday in Silicon Valley, and the song that ought to be playing is Travie McCoy’s “Billionaire.” After all, the young people gathered at Fred’s Place, a dive bar not far from the Googleplex in Mountain View, California, were fabulously...

Twelve Months On, Open Banking Poses a Significant Challenge to Traditional Banks

This Sunday marks the first anniversary of the Open Banking initiative which was designed to increase competition and ensure a better experience for account holders. The last year has seen a sharp rise in the number of new fintech start-ups entering...

Gemalto Awarded Uganda’s New e-Immigration Solution

New Border Management System (BMS) & e-Immigration solution builds on Gemalto’s successful Visa Management System; Self-service eKiosks will deliver a safer and speedier experience for passengers in Uganda; Fingerprint and facial recognition ensu...

DBS Chief: Banks Have Not Dealt Successfully With Fintech

Banks need to stay competitive in the new era of fintech, especially as digital banks more technologically savvy and nimble. To nurture this shift, a change in culture is necessary, the chief of DBS Bank said.