Latest: Fintech News
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
Ranks of cryptocurrency speculators have swelled, with even obscure tokens minting the newly wealthy: at least on the blockchain
The cryptocurrency will allow the bank to streamline and accelerate its settlement process, given that it will be instantaneous
Cryptocurrency influencer Carl Runefelt says Bitcoin will hit $100,000 this year, and rise as high as $500,000 in 2023.
China's central bank imposed a 22.37 million yuan ($3.5 million) fine on MYBank, the online bank backed by Ant, for breaching rules on credit scoring management and deals with unidentified clients
Encouraged by a flurry of Southeast Asian tech start-ups seeking funding, Singapore may list up to a dozen SPACs in the next 18 months
Universities in Hong Kong are offering a variety of postgraduate programmes developed by different departments to boost people's knowledge of financial technology, or fintech
GlobalWafers said total capital expenditure may hit T$100 billion ($3.6 billion) between 2022 and 2024, including 'substantial greenfield investments'
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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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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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