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June, 2016
Archive

Central Bankers Told They Should Be Sprinting Toward Blockchain

By Matthew Leising for Bloomberg

Janet Yellen, meet the blockchain. Blockchain, meet Janet Yellen. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 7, 2016

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RBI to set up panel to study issues facing fintech players

Reserve Bank of India (RBI) is setting up a multi-disciplinary panel to understand financial technology (fintech) companies and create the right ecosystem for them.

RBI is also looking at other technology-based systems, trends for sale of receivables and unified payment interface systems (more…)

Fintech news

June 7, 2016

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Can South Korean startups (and the government) save its flailing giant tech conglomerates?

By  for techcrunch

With 17 percent of the GDP, it’s fair to say that Samsung is South Korea, or at least has represented it on the global business stage for the last decade or so. (more…)

Global trends, Government activities, InspirAsia

June 6, 2016

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Can startups disrupt the $20 billion cyber insurance market?

By  for Tech Crunch

Over the past few years, cyber insurancemarkets have been growing at between 25-50 percent CAGR each year. According to The Betterley Report 2015, annual policy premiums are approaching $2.75 billion. The ecosystem of insurance underwriters, intermediaries/brokers, analysts/management consultants and compilers of insurancemarket information is evolving rapidly, trying to make the most of this rising tide. As largeinsurance underwriters try to grapple withcyber insurance, newcomers aim to disruptthis ecosystem. And the battle has just begun. (more…)

Fintech news

June 6, 2016

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The rise of APIs

By ,  for Tech Crunch

It’s been almost five years since we heard that “software is eating the world.” The number of SaaS applications has exploded and there is a rising wave of software innovation in the area of APIs that provide critical connective tissue and increasingly important functionality. (more…)

Banks, Global trends

June 6, 2016

1497

How banks should should react to the fintech revolution: Accenture Report

By Nora Hanafi for E27.com

Fintech is not necessarily a threat poised to hobble the banks, but rather can be leveraged to make old institutions more nimble and efficient (more…)

Fintech news

June 6, 2016

1373

In Thailand, banks are starting to look into the local fintech scene

By Anisa Menur A. Maulani for e27

Bangkok Bank is the latest to foray into the industry with US$56 million initial investment budget (more…)

Fintech news

June 6, 2016

1234

Ping An becomes first Chinese member of R3 blockchain consortium

By Jemima Kelly for the Deal Street Asia

China’s second-biggest insurance company, Ping An Group, has become the first Chinese member of a global consortium led by fintech firm R3 that is working on ways blockchain technology can be used in financial markets, the companies said on Tuesday. (more…)

Fintech news

June 6, 2016

What Is The DAO and Why Is It the Biggest Crowdfunding Project in History?

By LetsTalkPayments

If you haven’t heard yet about the biggest crowdfunding project in the history, hurry up to get to knowDAO: Decentralized Autonomous Organization. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 6, 2016

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Cash is still king in Vietnam, but two fintech firms look to bring a drastic change

By Andrew Rowan for e27.com

Last year remittances to Vietnam topped US$12.24 billion, up from US$6.18 billion in 2007 (the year Vietnam joined the World Trade Organisation), according to the World Bank. These incoming funds, about half of which came from the US, contributed to 6.4 per cent of Vietnam’s GDP and solidified the country’s status as the 11th biggest remittance recipient worldwide. (more…)

Deals, Global trends

June 5, 2016

1396

Fintech mergers are reshaping nascent sector. What must APAC firms do to survive?

By Vladislav Solodkiy for The Deal Street Asia

Fintech is currently undergoing a natural evolution stage, with the previous three years being a ‘toothbrush’ era: when you performed just one function, but better than anyone, and when you are irreplaceable and used every day. The long-awaited turning point came in 2015 when various services started merging with each other in some way. (more…)

Deals, Global trends, InspirAsia

June 5, 2016

1572

The Future of Banking Is in China

By JAMES T. AREDDY and ALYSSA ABKOWITZ for WSJ

Tech companies use internet payment systems as a wedge into an array of money-management services

(more…)

Banks, Blockchain, Cryptocurrencies, Global trends

June 5, 2016

Blockchain Could Disrupt Global Securities Value Chain: Morgan Stanley

By Value Walk

With the securities industry experimenting with blockchain across the post-trade market, Morgan Stanley analysts anticipate that blockchain presents a threat / opportunity to the $77 billion post-trade market. Daniel P. Toohey and team point out in their June 2 research piece titled “Global Insight: Blockchain- Is ASX set to shape a brave new world?” that within the equities value chain, central securities depositories (CSDs) seem best placed to drive innovation as they maintain a record of ownership. (more…)

Blockchain, Cryptocurrencies, Fintech news

June 5, 2016

The 4 Main Ways to Innovate in a Digital Economy

 

By Tucker J. Marion and Sebastian K. Fixson for Harvard Business Review

Over the last 20 years, digital design and collaboration tools have fundamentally altered how firms approach innovation. In the pre-digital era, product and service development was usually conducted by experts working inside firms or through expert vendors hired by those firms. (more…)

Analytics, Fintech news, Global trends

June 5, 2016

Core of banking could be destroyed by blockchain, says Barclays’ former boss

(more…)

Blockchain, Cryptocurrencies, Fintech news

June 5, 2016

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Sir Richard Branson Hosts Blockchain Summit This Weekend

By Shin Laura for Forbes

The What IS. Arguably at The MOST exclusive blockchain Industry Conference, at The blockchain of Summit , Sponsored by at The BitFury Group and MaiTai, Ltd. Free Join , KICKS OFF the ITS SECOND Annual Event the this catalog on Saturday ON Long-Time Innovator, Futurist and Entrepreneur Sir Richard a Branson ‘S Necker Island in at The Caribbean. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 5, 2016

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How Much You Make Impacts How Much You Support Diversity

By Lydia Dishman for Fast Company

Men who make six figures are more likely to want to work for a company that supports diversity, while high-earning women aren’t so positive.

(more…)

Fintech news, Global trends

June 5, 2016

1111

Bengaluru pips Tokyo, Tel Aviv in list of innovation hubs

By Shivani Shinde Nadhe & Bibhu Ranjan Mishra  for Business Standard

India has emerged as a new innovation ‘empire’ of choice by global corporates. Bengaluru – the information technology and start-up hub – has surpassed many global cities as a preferred destination for innovation centres, according to Capgemini’s study on ‘Innovation Empire’. (more…)

Fintech news, Global trends, Government activities

June 5, 2016

1179

Samsung Pay Enters Europe Via Spain

By David Mayer for the Fortune

Samsung beats Apple and Google to the punch in mainland Europe. (more…)

Fintech news, InspirAsia

June 5, 2016

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Mediachain enivisions a blockchain-based tool for identifying artists’ work across the internet

By Jonathan Shieber for Techcrunch.com

On the internet, where “aggregation” is often the highest form of flattery, not everyone appreciates the compliment. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

June 2, 2016

1476

Crowdfunding: Why private equity opportunities are ever closer for investors

By Claire Madden for CityAM

Small business investment has gone mainstream – or has it? (more…)

Crowdfunding/investing, Fintech news, Global trends

June 2, 2016

Yes, Biotech Unicorns Are Still Real

By Max Nisen for Bloomberg

Biotech, at its core, means burning tons of cash on R&D for years in pursuit of a wildly uncertain and highly regulated outcome. Failure isn’t just likely, but near-certain. Fun! (more…)

Global trends, InspirAsia

June 2, 2016

A16z, USV Lead $1.5 Million Round for Blockchain Startup Mediachain

By Rob Price for business insider

Top Silicon Valley investors are betting on a startup that wants to create a vast decentralised library of the world’s images so authorship isn’t lost and artists can get paid. (more…)

Deals, Fintech news, Global trends

June 2, 2016

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Tesla was just the beginning: Introducing the connected car landscape

By Liz Jensen for Venture Beat

Until 2012, there had been no significant changes within the automobile industry for 15 years. But 2012 marked an inflection point from which myriad innovative opportunities emerged. (more…)

Global trends

June 2, 2016

FinTech: Picking Up Momentum

By John Mason for Seeking Alpha

(more…)

Banks, Fintech news, Global trends

June 2, 2016

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PayPal Isn’t a Bank, But It May Be the New Face of Banking

By TELIS DEMOS for WSJ

By some measures, PayPal Holdings Inc. holds more customer money than all but 20 U.S. banks. What does that say about the future of banking? (more…)

Banks, Cashless, eWallets, Fintech news, Global trends

June 2, 2016

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Five Highlights From Mary Meeker’s 2016 Internet Trends Report

By Cathleen Chaykowski for Forbes

At 213 slides, Mary Meeker’s anticipated annual “Internet Trends” report was a gold mine of data on everything from debt-to-GDP ratios by country to U.S. Internet advertising growth. (more…)

Banks, Global trends, InspirAsia

June 2, 2016