Deutsche Bank backs pan-industry online identity platform

Deutsche Bank is teaming up with a host of major firms to set up a platform for online registration, e-identity and data services. (more…)

AI / Machine Learning / Big Data, Banks, Deals, Global trends, Hotnews

May 9, 2017


ING joins Digicash family


ING is joining the DIGICASH family with the launch of its ING DIGICASH app in Luxembourg. (more…)

Banks, Bots, Global trends, Hotnews, Mobile payments/banking

May 9, 2017


Singapore Uni to offer digital transformation module in partnership with Standard Chartered

By Standard Chardtered

National University of Singapore (NUS) School of Computing and Standard Chartered Bank have signed a Memorandum of Understanding (MoU) for the co-development and co-delivery of a module on digital transformation. (more…)

Banks, Global trends, Hotnews, InspirAsia

May 9, 2017


Alipay teams up with First Data to increase US presence

By Sheila Yu for TechNode

Alipay recently announced a partnership with America’s First Data Corp, in its latest efforts to expand its presence in overseas mobile payment market. (more…)

Global trends, Hotnews, InspirAsia, Payment processors/providers/gateways

May 9, 2017


Lending Club Keeps Pushing Its Comeback


Hotnews, p2p-payments, p2p/online lending

May 9, 2017


Biometric Mobile Payments Set To Explode In 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. (more…)

Bots, Global trends, Hotnews, Mobile payments/banking, Security

May 9, 2017


Omise joins hands with Alipay: E-commerce firms can now accept payments from Chinese buyers in Thailand

By e27

As per Tourism Authority Thailand, 9.8 million Chinese citizens are expected to visit Thailand in 2017, which accounts for up to 30 per cent of the US$75 billion spent by foreign tourists (more…)

Global trends, Hotnews, Payment processors/providers/gateways

May 9, 2017


China’s Ping An preps $1bn overseas fintech and healthcare fund

China’s Ping An Insurance Group has hired Citi veteran Jonathan Larsen to lead a new $1 billion overseas fund than will focus on investing in financial and healthcare technology. (more…)


May 5, 2017


Ping An Launches $1 Billion Fund to Invest in Financial, Health-Care Technology

Ping An Insurance (Group) Co. of China Ltd. said Thursday it is launching a $1 billion fund to invest in financial and health-care technology globally, in a bid to further expand its business outside the domestic market. (more…)

Global trends, Hotnews

May 4, 2017


Next Insurance raises $29 million for online platform that targets small businesses with tailored plans

By Paul Sawers for Venture Beat

Next Insurance, an online insurance platform that targets small to medium-sized businesses, has raised $29 million in a Series A round of funding led by Munich Re/HSB Ventures, Markel, and Nationwide, with participation from other existing investors. (more…)

Deals, Global trends, Hotnews, Insurance

May 4, 2017


Square reports $462 million in Q1 2017 revenue, gross payment volume of $13.6 billion

By Ken Yeung for Venture Beat

Square’s ($SQ) first quarter 2017 earnings are out, revealing that it generated total net revenue of $462 million, a 22 percent annual increase and an earnings per share loss of $0.04. It continues to see its gross payment volume increase, coming in at $13.6 billion — a 33 percent year-over-year increase, but a drop from last quarter’s $13.7 billion. (more…)

Fintech news, Hotnews, Influences FinTech, POS/mPOS and online acquiring

May 4, 2017


Facebook passes 1.94 billion monthly users, 1.28 billion that use it daily

By Ken Yeung for Venture Beat

Facebook ($FB) has released its first-quarter 2017 earnings and revealed that it’s inching ever so close to having 2 billion people worldwide use the social network. It now counts 1.94 billion monthly active users, an 18 percent increase from a year ago. And 1.28 billion people use the service daily, making up 66 percent of the monthly count. (more…)

Global trends, Hotnews, Influences FinTech

May 4, 2017


Bank of America teams with Bypass for digitial commerce at stadium concessions

By Bank of America

Bank of America Merchant Services and Bypass are teaming up to help arenas, sporting venues, corporate and college campuses, hospital cafeterias and other contract food and beverage operators run their concessions more efficiently through a new unified, digital commerce solution. (more…)

Banks, Deals, Hotnews

May 4, 2017


Online insurance firm Next Insurance raises $29 million

By  for TechEU

Israeli-founded online insurance company Next Insurance has raised $29 million from Munich Re/HSB Ventures with participation from Markel, and Nationwide. (more…)

Deals, Global trends, Hotnews, Insurance

May 4, 2017


RBS gives AI a helping hand with ‘hybrid bots’

The Royal Bank of Scotland is rolling out a customer service “hybrid bot” from vendor LivePerson that hands over to a human colleague if questions flummox its artificial intelligence. (more…)

AI / Machine Learning / Big Data, Banks, Bots, Global trends, Hotnews

May 4, 2017


Alipay rumored to launch mini-app feature soon

By Sheila Yu for TechNode

Alipay, the online and mobile payment platform operated by Alibaba’s Ant Financial, is rumored to be launching its mini-app function next week, competing head-on with WeChat’s mini-app feature. (more…)

Fintech news, Hotnews, InspirAsia, Payment processors/providers/gateways

May 4, 2017


BNP Paribas signs global Snapchat deal

BNP Paribas is strengthening its ties to Snapchat, signing a global partnership deal with the teen-friendly video sharing platform in an attempt to boost its profile among the millennial generation. (more…)

Banks, Global trends, Hotnews

May 3, 2017


Barclays opens Europe’s largest fintech site

Barclays has opened an innovation centre in London’s hipster capital Shoreditch housing internal banking and technology teams alongside more than 40 fintech startups. (more…)

Accelerators/Incubators/Labs, Banks, Global trends, Hotnews

May 3, 2017


API Strategy: Partner API’s

By Dharmesh Mistry – Temenos for Finextra

Like an Extranet, Partner API’s are limited to specific parties, often for a very specific purpose like providing a product / service. (more…)

Fintech news, Hotnews, Influences FinTech, Open Source/ API

May 3, 2017


Investing In Blockchain Assets Through Hedge Fund: Pros and Cons

By Alicia Naumoff for CCN

Blockchain assets have emerged as a new class of digital assets allowing investors to get rewards at the protocol level. Blockchain assets have lately been going hand in hand with the concept of ICO, which on the one hand represents a quite efficient fundraising instrument for entrepreneurs around the world. On the other hand, it offers the broad public an opportunity to invest into a new business, eventually getting benefits, depending on the success of that business of course. (more…)

Blockchain, Global trends, Hotnews

May 3, 2017


DBS Q1 net profit up 1% from a year ago

DBS Group Holdings reported on Tuesday that its net profit for the first quarter ended March 31, 2017 rose to a record S$1.21 billion, up 1 per cent from a year ago. (more…)

Banks, Global trends, Hotnews, InspirAsia

May 2, 2017


Cisco to acquire networking tech firm Viptela for $610 million

By Venture Beat

Cisco’s second acquisition in the New Year is another big one. (more…)

Deals, Global trends, Hotnews

May 2, 2017


JD reportedly in talks to invest in Tokopedia, may propel its valuation past US$1B

By Anisa Menur A. Maulani for

With the investment in Tokopedia, JD will compete directly with Alibaba, which had purchased controlling stake in Lazada last year (more…)

Deals, Global trends, Hotnews, InspirAsia

May 2, 2017

Emirates NBD integrates blockchain tech into cheques

Emirates NBD is embarking on a pilot that will see it use blockchain technology to boost the security of its cheques. (more…)

Blockchain, Deals, Fintech news, Global trends, Hotnews

May 2, 2017


WeChat maker Tencent opens AI lab in US

By Steven Millward for Tech in Asia

Tencent, China’s US$300 billion tech giant and maker of the popular messaging app WeChat, today confirmed it has opened a lab in Seattle devoted to AI tech. The social media and gaming company also confirmed it has poached Dong Yu, a former principal researcher at Microsoft Research, to head its AI lab. (more…)

Accelerators/Incubators/Labs, AI / Machine Learning / Big Data, Hotnews, InspirAsia

May 2, 2017

What does the future of banking look like?

Derek White, BBVA global head of customer solutions, takes a tour of the new digital technologies that are set to reshape banking. (more…)

Banks, Fintech news, Hotnews

May 2, 2017


Monzo opens doors to community collaboration

Digital challenger bank Monzo has earmarked a dedicated space in its East London headquarters building as a collaborative community room, to host events and test out new ideas with its growing membership base. (more…)

Accelerators/Incubators/Labs, Banks, Hotnews, Mobile-first banks

May 1, 2017


BNP Paribas Wealth Management launches four new digital platforms

BNP Paribas Wealth Management is launching four digital platforms bringing unique financial, business and lifestyle content to private clients and prospects. (more…)

Banks, Hotnews

May 1, 2017


Fintech, Investment Activity Rises to $1.5 Billion in Q1’17

U.S. venture capital (VC) investment in fintech companies rose to $1.2 billion in Q1’17, driven by late-stage deals, which reached the highest activity since Q1’16, according to KPMG International’s Q1 2017 The Pulse of Fintech report. (more…)

Fintech news, Global trends, Hotnews

May 1, 2017


The Case for Robo-Advisory and Digital Wealth

By FintechNews HK

An April 2017 Burnmark report rexplored the tie-up between digital wealth and robo-advisory within the FinTech industry. (more…)

Financial Markets / Trading, Global trends, Hotnews, Wealth management

May 1, 2017