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104

Gartner: Global PC shipments fell 2.4% in Q1 2017, 10th quarter of decline in a row

By Emil Protalinski for Venture Beat

The PC market’s woes still seem to have no end in sight: It has now been in decline for 10 quarters in a row, per at least one research firm. For Q1 2017, Gartner found PC shipments were down globally, while IDC concluded they were flat. (more…)

Global trends, Hotnews

April 12, 2017

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Techstars partners Echelon, set to connect SEA startups across a 600-city network

By Chee Hui Ming for e27.com

 Curious about how to build your business wherever you choose to live? You don’t have to be in SV to benefit from APAC’s strongest startup community. Join Techstars and e27 on a journey from Penang, to Bangkok, to Singapore and Jakarta. (more…)

Accelerators/Incubators/Labs, Fintech news, Global trends, Hotnews, InspirAsia

April 11, 2017

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SG’s InstaRem partners ASX-listed Goldfield Money in Australian push

By Shiwen Yap for DealStreet Asia

Singapore-headquartered fintech company InstaReM has partnered ASX-listed Goldfield Money to provide digital banking services for migrants and overseas-based small and medium-sized enterprises (SMEs) operating in Asia. (more…)

Global trends, Hotnews, InspirAsia, Remittances

April 11, 2017

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Thailand’s Digital Ventures invests in geolocation data firm Pulse iD

Digital Ventures, a fintech-focussed venture capital subsidiary of Siam Commercial Bank (SCB), has invested in Hong Kong-based geolocation data startup Pulse iD, the bank said on Tuesday. (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia

April 11, 2017

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Ant Financial is planning to double-down on blockchain, focussed on data credibility

By Kevin McSpadden for e27.com

Jack Ma’s fintech giant Ant Financial is planning to increase its emphasis, and use, of blockchain technology in an effort to provide more trustworthy data to its user base, according to a report in the South China Morning Post. (more…)

Blockchain, Deals, Fintech news, Global trends, Hotnews

April 11, 2017

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Qatar Commercial Bank Completes International Money Transfer Blockchain Pilot

By Samburaj Das for CCN

Commercial Bank, a private Qatari bank has revealed the successful completion of an initial blockchain pilot enabling international funds transfers with a number of banks in the region and beyond. The offering could have a significant impact on outward remittances in a country that houses a large population of working immigrants from a number of regional nations. (more…)

Banks, Blockchain, Global trends, Hotnews

April 11, 2017

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Capital Float Tops Up Capital Raise

By PYMNTS,

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 million raise announced Monday (April 10). (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia, p2p/online lending, SME

April 11, 2017

Lend Closes CHF3.5M Series A Funding

By FinSME

Lend, a Zürich, Switzerland-based fintech startup, closed a CHF3.5m Series A funding. (more…)

Deals, Fintech news, Global trends, Mobile payments/banking

April 11, 2017

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Digital hubs take center stage as the Malaysian startup ecosystem leans into developing the digital economy

By Lyra Reyes for e27.com

Situated at the heart of SEA, Malaysia’s strategic location affords it the capability of easily connecting to a regional market of over 625 million people as it shares land and maritime borders with 6 countries. (more…)

Fintech news, Global trends, Government activities, InspirAsia, Payment processors/providers/gateways

April 10, 2017

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Flipkart raises $1.4 billion from eBay, Microsoft, and Tencent and acquires eBay’s Indian business

By Paul Sawers for Venture Beat

Indian ecommerce juggernaut Flipkart has raised $1.4 billion from eBay, Microsoft, and Tencent, in what is the biggest single investment in Flipkart’s history. The investment values Flipkart at a whopping $11.6 billion, according to a statement issued by the company. (more…)

Deals, Global trends, Hotnews

April 10, 2017

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London Islamic Fintech Firm First to Gain UK Regulator Approval

By Samburaj Das for Cryptocurrency news

Britain’s endeavor to cement itself as the global Fintech hub is extending to Islamic finance as a London-based Sharia-compliant FinTech startup gains regulatory approval. (more…)

Crowdfunding/investing, Deals, Global trends, Hotnews

April 10, 2017

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Payday loan firm hit by data breach

Wonga, a prominent UK payday loan firm, has warned 270,000 of its customers that their accounts may be at risk following a data breach. (more…)

Global trends, Hotnews, p2p/online lending

April 10, 2017

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Goldman Sachs wants to become the Google of Wall Street

By Matt Turner for BI

  • Marty Chavez, a top executive at Goldman Sachs, has outlined a radical future for the Wall Street bank.
  • He has said he wants Goldman Sachs to be for risk what Google is for search.
  • “We’re packaging everything we do, and actually, we’re redesigning the whole company, around APIs.”

(more…)

Banks, Global trends

April 10, 2017

Kabbage Exceeds $3 Billion Mark, Lends to over 100,000 SMEs

By  for Crowdfund Insider

Kabbage, a leading financial services, technology and data platform, announced it has extended more than $3 billion to small businesses across all 50 U.S. states, covering every industry. The company has also now served over 100,000 small businesses through its platform, representing the largest customer base of any online small business lender. (more…)

Fintech news, Global trends, p2p/online lending

April 10, 2017

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Lending Club founder Renaud Laplanche is back with a new startup and $60 million in funding

By  for Techcrunch

Renaud Laplanche had a terrible no good very bad 2016. But the founder and longtime CEO of Lending Club is back with a new lending startup called Upgrade, along with the support of investors who’ve provided the company with $60 million in funding. (more…)

Global trends, Hotnews, Influences FinTech, p2p/online lending

April 7, 2017

Standard Chartered launches digital wealth advisory tool

By Thomson Reuters,

Standard Chartered Private Banking has introduced ADVICE, a digital wealth advisory tool for its relationship managers (RMs) that integrates the Private Bank’s entire suite of house views and investment recommendations with Thomson Reuters’ real-time market information. (more…)

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

April 7, 2017

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Lackluster IPO shows subprime lenders still have hurdles to overcome

By Kevin Wack for American Banker

President Trump’s deregulatory push was supposed to be a bonanza for high-cost consumer lenders. (more…)

Global trends, Hotnews, p2p/online lending

April 7, 2017

Monzo Announces Banking Restrictions Have Been Lifted

(more…)

Fintech news, Global trends, Mobile-first banks

April 7, 2017

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Moneytree Sees Green with $9 Million Funding Round

By Julie Muhn (@julieschicktanz) for Finovate

Japanese personal finance app Moneytree has landed $9 million (¥ 1 billion) in a series B round recently. This is the company’s third round of funding and brings its total raised to $10.5 million. SBI Investment led the round. Mizuho Capital, SMBC Venture Capital, Salesforce Ventures, Fukuoka Technology Partners, Hiroshima Venture Capital, Senshu Ikeda Capital, and Baillie Gifford also participated. (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia, p2p/online lending

April 7, 2017

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Fintech deal size in Southeast Asia dropped in 2016, is only tiny spec of global market volume

By Igor Pesin, Partner, Life.SREDA

As I wrote last time, in 2016 China became the new leader in fintech worldwide with 39 per cent of global volume. (more…)

Fintech news, Global trends, Hotnews, InspirAsia

April 7, 2017

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Monzo gears up for current accounts after receiving full banking license

UK digital challenger Monzo has had its banking restriction lifted, enabling it to start bringing current accounts to its users. (more…)

Banks, Deals, Fintech news, Global trends, Hotnews, Influences FinTech, Mobile-first banks

April 6, 2017

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Singapore fintech investor tryb Capital injects US$4M into Chinsay, plans to leverage smart contract data

By Kevin McSpadden for e27.com

tryb Capital, a Singaporean growth-stage technology investor, announced today its first official investment — a US$4 million strategic financing for Chinsay AB, a Swedish SaaS company digitalising freighting contracts. (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia

April 6, 2017

Abra Goes Global, Leverages Crowdtesting

For technology startups looking to expand their reach, crowdtesting has become a key resource to ensure operability on the global market. (more…)

Fintech news, Global trends

April 6, 2017

Wells Fargo, Finicity Team To Provide An API-Based Way Of Sharing Customer Information

Wells Fargo & Company announced Wednesday (April 5) that it and Finicity, a provider of real-time financial data aggregation and insights, have signed an agreement that provides an application programming interface (API)–based method for sharing Wells Fargo customer information with the financial apps and services that Finicity supports. (more…)

AI / Machine Learning / Big Data, Banks, Fintech news, Global trends, Hotnews

April 6, 2017

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BNP Paribas to acquire 95% stake in French neo bank Compte-Nickel

BNP Paribas is to acquire a 95% stake in Financière des Paiements Électroniques, which runs innovative French neo-banking startup Compte-Nickel. (more…)

Banks, Deals, Global trends, Hotnews, Influences FinTech, Mobile-first banks

April 5, 2017

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WhatsApp makes P2P payments play in India

Facebook-owned messaging service WhatsApp is advertising for a digital transaction lead with experience of UPI, Aadhaar and BHIM, in a move which is seen as the precursor to the launch of a peer-to-peer payments service in India. (more…)

Fintech news, Global trends, Government activities, Hotnews, InspirAsia, p2p-payments

April 5, 2017

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InsurTech: The future of insurance is in partnerships

2016 was all about InsurTech: cash flowed in, the incumbents sat up and took notice, and a slew of start-ups arrived on the scene to grab the insurance industry by the shoulders and give it a good shake. Now, as the hype subsides, FinTech Futures have launched InsurTech Bytes podcast series, inviting John Egan, strategy practice lead at Anthemis, Dan Smith, Managing Partner at Exponential Ventures, and Jannat Shah, Associate at AXA Strategic Ventures to chew the fat on all things InsurTech: where’s the smart money heading? Why should the big players partner with start-ups? What effect is Brexit having on InsurTech VCs? (more…)

Global trends, Hotnews, Influences FinTech, Insurance

April 5, 2017

How US-based accelerator Plug and Play is tackling the Southeast Asia ecosystem through partnerships

By Yon Heong Tung for e27.com

Silicon Valley-based startup accelerator Plug and Play is renowned for having an eagle-eye for promising companies, having made investments in big name players such as Dropbox, PayPal, LendingClub, and Soundhound during their infancies. (more…)

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

April 5, 2017

JPMorgan’s head of new technologies hired by Lending Club

JPMorgan Chase & Co.’s head of new technologies has been hired by Lending Club Corp. as the peer-to-peer lending pioneer seeks to rebuild business following a scandal over its corporate controls. (more…)

Banks, Global trends, Influences FinTech

April 5, 2017

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5 rising startups in India – April 4, 2017

By Malavika Velayanikal for Tech in Asia

In 2015, we would have a handful of startups announcing funding from VCs and angel investors almost everyday. This year, it’s been quiet compared to then. Now investors seem to have become more cautious and that shows in the quality of the startups who bag any funding. (more…)

Fintech news, Global trends, India, InspirAsia

April 5, 2017