Fintech

Blockchain to Banking: Key Takeaways From Singapore’s Huge Fintech Festival

Global finance and technology companies converged on Singapore this past week for the third annual Singapore Fintech Festival. Speakers focussed on several main themes in the fintech world, including artificial intelligence in finance, cyber-security, the future of money and banking and fintech opportunities for the region.

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This Country Has the Most Buoyant Fintech Ecosystem in the APAC Region

A 2018 fintech study shows that ASEAN is seen as an expansion opportunity for fintech entrepreneurs. The report was conducted by the Australia-based Westpac Banking Corporation and Austrade, which shows that Singapore has the most buoyant fintech ecosystem in the region, followed by Indonesia and Malaysia.

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Singapore, China to Collaborate on Fintech, Supervision of Futures Exchanges

Two agreements inked between financial agencies will pave the way for China and Singapore to collaborate on fintech innovations and cross-border supervision of futures exchanges and intermediaries.

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Singapore Fintech Fest Showcases Innovations in Payments

The Singapore Fintech Festival played host to a quartet of distinct cross-border and digital currency payment initiatives, drawing in United Overseas bank, Grab, Ripple and the country’s central bank.

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Fintech Should Expect Scrutiny Under Dem-Controlled House

Now that Democrats control the U.S. House, financial technology (fintech) companies should expect more hearings, summonses and scrutiny as federal regulators brainstorm the best way to regulate the exploding industry.

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Five Ways Banks Are Responding to the Fintech Threat

“The message is out there that new digital players are in town and the banks are under attack,” says Richard Lumb, head of financial services at Accenture. “What they are scared of is a leakage of customers and that leakage becoming a flood over time.” Banks are responding in different ways to this digital threat. […]

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Banks Versus Fintechs – Is It Still the Right Question?

If you can’t beat them, join them. The adage could be applied to the evolving relationship between banks and the fintechs that have become popular with consumers seeking an easy-to-use payment network.

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Fintech and Travel – The Perfect Match

Fintech is expanding rapidly, and many companies around the world have wised up to the fact that they need to be more accepting of modern payment methods and technologies. We’re seeing some great developments in this regard, and it’s clear that this trend is going to continue with full force in the next years.

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Community Banks Form Fintech Alliance: Should You Join?

A dozen American community and regional banks have formed a consortium, called Alloy Labs Alliance, dedicated to exploring fintech opportunities. The Alliance, which is being managed by Fintech Forge, is designed to help smaller banks pool their resources in the quest to stay relevant in the digital age.

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New Zealand Has a Bright Future in Fintech

The Reserve Bank and Financial Markets Authority didn’t exactly paint a rosy picture of New Zealand’s banking sector, but that doesn’t mean banks aren’t doing their part to keep pace with innovation. The fintech sector has brought in 220 million worth of exports into the New Zealand economy and has grown 33 in the last […]

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Politics vs. Innovation: How the Midterms Changed Fintech

The payments and financial services industry has enjoyed an unprecedented wave of invention, but the fruits of that labor are threatened by an ideologically driven political climate that complicates the evolution of global, interoperable, mobile-driven commerce. The 2018 midterm elections split the U.S.

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FinTech and Challenger Banks Rapidly Changing Financial Landscape

As new challenger banks and FinTechs attack business models across the banking landscape, newcomers are rapidly making inroads into the sector’s profits by offering agile, digitalised alternatives. In retail banking, the trend is visible across the value chain, from customer contact and lending to mortgages, payments and alternative financing.

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