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FinTech

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Traditional Financial Services Firms fear almost a quarter of their business is at risk from FinTechs

15/03/2016(0)
FinTech companies are more bullish, believing they could capture a third of incumbents’ business Results from a PwC survey released today, which assesses the rise of new technologies in ... Read More
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Fintech funding hits all-time high in 2015, despite pullback in Q4: KPMG and CB Insights

11/03/2016(0)
KPMG and CB Insights release their inaugural quarterly fintech venture capital (VC) report, highlighting a record year for venture-backed fintech startups in 2015, but waning investor appetite to close ... Read More
HSBC

HSBC Going Solo in China Credit Cards Boosts Expansion Plan

10/03/2016(0)
Bank has ended card venture with Bocom, Asia head says HSBC would be just one of three foreign card issuers in China HSBC Holdings Plc winning approval to start ... Read More
JPMorgan

Big U.S. banks to take on tech rivals with instant payments

09/03/2016(0)
Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by ... Read More
WorldPay

Worldpay Group earnings climb 8 pct in debut annual results

08/03/2016(0)
Underlying earnings (EBITDA) up 8 pct to 406 mln pounds First interim dividend due late 2016 (Recasts, adds share price performance, company comments) British payments processor Worldpay reported an ... Read More
People queue up outside a Standard Chartered Bank branch before operation hours at the central business district in Singapore

Standard Chartered goes global with ‘bank on an iPad’

08/03/2016(0)
Standard Chartered is to equip staff worldwide with an iPad-based sales and service tool that “brings the bank” to the client. Retail Workbench, initially launched in Korea in 2014, ... Read More
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U.S. punishes Chinese tech giant over alleged plan to dodge Iran sanctions

08/03/2016(0)
The U.S. government is cracking down on a major Chinese telecom equipment maker over an alleged scheme to dodge sanctions on Iran. The plan by ZTE (ZTCOF) involved setting up several shell ... Read More
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BBVA announces the acquisition of an online business banking service

07/03/2016(0)
BBVA today announces the acquisition of Holvi, the Helsinki-based online business banking service, as it seeks to expand its portfolio of digital businesses to complement the Group’s overall transformation process. ... Read More
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Majority of robo-advisers likely to ‘fall by the wayside’

07/03/2016(0)
As the big financial services firms continue to move into robo-advice, it will become obvious that most start-ups in the sector are simply not viable, says Grail Partners. Speaking ... Read More
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The Floor promises to connect Israeli fintech with China, Hong Kong and the rest of Asia

03/03/2016(0)
The new hub will open an R&D center, collaborative workspace and host events that will link Israel’s best in financial technology with investors and partners from Beijing to Singapore ... Read More
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