Latest: Fintech News
Officials seized more than $3.6 billion in cryptocurrency when llya Lichtenstein, 34, and his wife, Heather Morgan, 31, were arrested in New York
The $2 million funding will help Iimmpact allow companies to launch digital payment products such as phone top-ups and vouchers
Livspace said it would use the funding to support "ambitious expansion plans," including new markets in Asia, Oceania and the Middle East
Bank reports a half-year profit of A$4.7 billion, announces an interim dividend of A$1.75 per share
Payments involving bank cards, online payment vehicles, commercial papers, credit transfers and other settlements rose 16.2% over 2021
Industry pundits believe the move would make PayPal potentially lose customers and allow other competitors to step in
Tesla decided against notifying customers as the part is considered a redundant backup and was not needed for level 2 driver-assistance features, CNBC reported
The MAS noted deficiencies in DBS's incident management and recovery procedures to restore its digital banking services to a normal state after a two-day outage
SoftBank reported a 97% drop in quarterly profit and the collapse of a deal worth up to $80 billion to sell chip designer Arm on Tuesday, adding to pressure on the group to boost its sagging shares
For every 100-rupee note, the cost works out to be 15-17% on each tender in its four-year life cycle, the report said citing a market estimate
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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Fintech: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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