The Monetary Authority of Singapore (MAS) today announced the opening of its FinTech Innovation Lab. The purpose-built facility, known as Looking Glass @ MAS1, is located within the MAS ... Read More
Peer-to-peer online money exchange platform CurrencyFair has poached Richard Rose, the former chairman of AO World, to be its new chairman, hoping Rose can help CurrencyFair grow to a ... Read More
Relying on credit cards doesn’t work in Southeast Asia, where less than 10 percent of the 600 million population are estimated to own plastic. That makes alternative payments, like ... Read More
Q2 2016 holds all-time record for deals valued at or above $US1b Q2 2016 ranks third in highest value ever for global technology M&A Global tech dealmaking is on ... Read More
A consortium of 15 Japanese banks are to work with blockchain joint venture SBI Ripple Asia, to build a new payments platform promising round-the-clock real-time settlement for cross-border and ... Read More
Diebold and Wincor face an in-depth merger investigation by the CMA unless the companies offer undertakings to address competition concerns. Diebold, Incorporated (Diebold) and Wincor Nixdorf AG (Wincor) both ... Read More
Commonwealth Bank of Australia has sent alarming emails to thousands of its customers who are engaging with fintech start-ups, warning that sharing internet banking passwords could invalidate the protection CBA provides from losses on accounts relating to fraud. But ... Read More
The explosion of financial technology, or fintech, will allow millions of unbanked Asians to have easy access to financial services – and Singapore has a role to play in ... Read More
Sweden is becoming a cashless society due to high consumer awareness of e-payments and card usage levels, a new report reveals. Swedish consumers use cards with a frequency of ... Read More
In August 2016, payment service provider ECommPay began processing transactions on behalf of Wargaming.net, one of the market leaders in the sphere of online gaming. The strategic partnership promises ... Read More
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