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623

Australian bitcoin exchanges announce Ethereum support

By Gola Yashu for Bitcoin News

Two of Australia’s leading bitcoin exchanges, CoinTree and CoinLoft, have announced this week new services allowing users to purchase a variety of altcoins including ether.

(more…)

Blockchain, Cryptocurrencies, Deals, Fintech news, Government activities

June 14, 2016

690

Fintech helps to push foreign direct investment in UK financial services sector to highest level since 2006

By Hayley Kirton for City AM

Foreign investors can’t get enough of the UK’s financial services market, with a report out today discovering that fintech has helped push foreign direct investment (FDI) to its highest level since 2006. (more…)

Global trends, Government activities

June 14, 2016

Fintech Startup Craves More Regulation

By RACHEL WITKOWSKI and TELIS DEMOS for WSJ

Some financial-technology upstarts are concluding it is better to be regulated than not. (more…)

Government activities

June 10, 2016

MAS Proposes a “Regulatory Sandbox” for FinTech Experiments

By MAS Singapore

The Monetary Authority of Singapore (MAS) today released a consultation paper on proposed guidelines for a “regulatory sandbox” that will enable financial institutions (FIs) as well as non-financial players to experiment with financial technology (FinTech) solutions.

(more…)

Government activities

June 8, 2016

How big data is helping small businesses get finance

By Emily Reynolds for Wired

Social media data is being used to help approve loans for small businesses. But how prepared are traditional banks to take on nimble fintech startups? (more…)

Fintech news, Global trends, Government activities

June 8, 2016

1910

Tech in Latin America: New WhatsApp suspension, fintech innovation and Rio Olympics

By Anna Heim for The Next Web

May was an eventful month for Latin America’s tech scene as it once again collided with politics on many fronts, and not always for the best. (more…)

Fintech news, Global trends, Government activities

June 8, 2016

670

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, Hotnews, InspirAsia

June 6, 2016

606

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

China online lending crackdown shutters Guangdong P2P site

By Reuters

A large Chinese online lending platform accused of illegal operations has suspended operations, one of hundreds that have been shut this year by the government, as China cleans up a sector ridden with stories of Ponzi schemes. (more…)

China, Deals, Government activities, InspirAsia, p2p-payments, p2p/online lending

May 26, 2016

835

What Banks and Fintech Need to Ponder Before They Partner

By Bryan Yurkan for American Banker

Some banks and fintech companies are in the early stages of collaboration, but for the partnerships to fully take hold, the companies need to fundamentally understand how they each operate and what they are hoping to achieve. (more…)

Banks, Fintech news, Global trends, Government activities

May 25, 2016

For Fintech Disruptors, Regulatory Freedom Will Be Fleeting

By Frank Sorrentino for Forbes

As long as there has been business, there has been disruption. A recent Harvard Business Review article discussed the concept of “spontaneous deregulation,” when a shiny new technology or innovative business model emerges onto the scene, disrupts its industry and – temporarily – renders existing rules and regulations obsolete. (more…)

Columns, Fintech news, Government activities

May 25, 2016

915

LendingClub Is Ruining It for the Rest of Fintech

Fintech news, Global trends, Government activities, Hotnews

May 20, 2016

918

Korea will pay to move your startup to Seoul — and why you should let them

By Nathan Millard for VentureBeat

 

At the start of 2015, I did something that would have seemed insane ten years earlier: I launched a startup in Seoul, Korea, as a Brit.

(more…)

Global trends, Government activities, InspirAsia

May 20, 2016

954

From Rwanda to the Dominican Republic: This is the big impact of microfinance

By Knowledge@Wharton

Microfinance is a powerful tool that can transform communities by lifting the poorest individuals out of poverty. David Simms, who has served in various leadership positions with the nonprofit Opportunity International for the past 30 years, understands the potential of microfinance. He’s seen its impact in more than two dozen countries, where his organization has leveraged the financial instruments to improve daily life. Simms is the former president and global chief development officer of Opportunity U.S. who recently founded Olive Tree Advisors, a consulting firm to nonprofits. He sat down with Tyler Wry, a management professor at Wharton, to share his insights on where the field is heading.

(more…)

Cashless, Global trends, Government activities

May 20, 2016

1175

India emerging a hub for fintech start-ups

By Shivane Shinde for the Business Standard

According to a report by Nasscom, there are close to 400 companies in India focused on the fin-tech market globally.

(more…)

Fintech news, Global trends, Government activities, India

May 18, 2016

736

Singapore start-up scene receives near $30M boost from government

By Saheli roy Choudhury for CNBC

Singapore’s start-up scene received a boost on Thursday, after the government said it will provide funds to four large local enterprises to match their investments in fledgling local companies.

(more…)

Global trends, Government activities, Hotnews, Singapore

May 17, 2016

792

China extends security reviews to gadgets from Apple and others

By James Vincent for the Verge

China has reportedly increased its scrutiny of foreign-made consumer tech products, reviewing devices — including those made by Apple — to judge whether they pose a threat to the country’s security.   (more…)

China, Global trends, Government activities

May 17, 2016

Bank of Japan Official: Central Banks Need to Watch Blockchain

By Stan Higgins for Coindesk

A deputy governor of Japan’s central bank has said that central banks worldwide need to pay close attention to developments surrounding digital currencies and blockchain technology. (more…)

Banks, Blockchain, Cryptocurrencies, Fintech news, Global trends, Government activities

May 15, 2016

1118

Fintech Flip-Flop

By Nisha Gopalan for Bloomberg Business

Few words fill banks with more dread these days than fintech, the growing bevy of unregulated upstarts mucking about in their business patch. (more…)

Deals, Government activities, Hotnews, p2p-payments, p2p/online lending

May 6, 2016

1244

In China, Traditional Banks Fight Challenge From Internet Firms

By Saibal Dasgupta for Voa News

China’s online finance companies, including Alibaba and Tencent, are competing fiercely with China’s traditional banks, which are adapting to the new marketplace. (more…)

Banks, China, Global trends, Government activities, InspirAsia

May 5, 2016

1141

Lending Startups Hone Their Focus

By Telis Demos for WSJ Venture Capital

Silicon Valley once threw money at startups that aimed to disrupt broad swaths of finance. Now it is rewarding those that have sharpened their focus. (more…)

Analytics, Fintech news, Global trends, Government activities, p2p-payments, p2p/online lending

April 27, 2016

1961

DBS Bank Takes Stake in the ‘Siri for Banking,’ Kasisto

The Development Bank of Singapore Ltd. has taken a minority stake in Kasisto, a personal assistant that helps customers with their banking. (more…)

Banks, Deals, Fintech news, Global trends, Government activities, InspirAsia, Singapore

April 27, 2016

747

RBI to bring P2P lending under regulation soon

By ENS Economic Bureau for Indian Express

P2P lending is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers. (more…)

Banks, Fintech news, Global trends, Government activities, India, InspirAsia

April 26, 2016

865

Mobile giants bust into Singapore e-pay market

By Saheli Roy Choudhury for Yahoo news

The world’s two largest smartphone makers muscled into Singapore’s already-crowded mobile payment space this week, but experts say it may take a while for them to see much enthusiasm from locals. (more…)

Banks, Fintech news, Global trends, Government activities, InspirAsia, Singapore

April 22, 2016

797

Apple Pay and Bitcoin Are No Match for Harriet Tubman’s $20 Bill

By Ben Steverman for Bloomberg

Cash is still king, and the twenty sits on the throne, making up more than half the value in your wallet. In replacing Andrew Jackson on the $20 bill, Harriet Tubman is getting pride of place in the American wallet. (more…)

Fintech news, Global trends, Government activities

April 22, 2016

1103

DBS Bank Report: Blockchain Technology to Unlock Southeast Asia’s Potential

By FintechNews Singapore

The most transformative blockchains will be those that can work across geopolitical boundaries and Southeast Asia has the most potential that can be unlocked with this technology, according to a new report by DBS Bank. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends, Government activities

April 19, 2016

1061

5 things you need to know in Australian tech today

By Harry Tacker for Business Insider

Welcome to a new week, this is what you need to know in tech. (more…)

Banks, Fintech news, Global trends, Government activities

April 19, 2016

779

Forget Melbourne v Sydney, Australian fintech must take a global view

By Simon Lee for Financial Review

In 1901 there was such a massive spat between Sydneysiders and Melburnians over which city should be capital of the newly federated Australia that a whole new city (and territory) was formed.

(more…)

Fintech news, Global trends, Government activities

April 18, 2016

793

Embedding security in a digital economy

by Mohd Ujaley for the Financial Express

Digital India can be successful only when a proper security framework to protect the critical infrastructure is in place (more…)

Cashless, Fintech news, Global trends, Government activities

April 18, 2016

827

UK banks have yet to address the elephant in the room: Their current business model is unsustainable

By Bill Michael for CityAM, Bill Michael is global head of banking at KPMG

It was another tough year for UK banks in 2015, and the challenges look set to continue. Our high-street banks are at a vital juncture: they’ve survived the crisis and are now preparing for one of the biggest overhauls of UK banking we have ever known with the introduction of ring fencing. (more…)

Banks, Fintech news, Global trends, Government activities

April 14, 2016