Digital banks will spur financial innovation but limited threat to banks
KUALA LUMPUR: While digital banks are disruptors relative to traditional banks and will intensify competition, their impact will be limited in the next…
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Financial
Grab raises US$850 mil to expand into financial services
SINGAPORE: Grab, Southeast Asia’s most valuable startup, raised more than US$850 million from Japan’s Mitsubishi UFJ Financial Group Inc and TIS Inc to…
Easypaisa – Leading the Digital Financial Revolution in Pakistan
Easypaisa, Pakistan’s first mobile banking platform, for a decade now has been empowering lives and leading the digital revolution in Pakistan. With the…
United States and Singapore to enhance data mobility in financial services
THE NETWORK of connectivity today is ever increasing. Across all industries, a barrage of data, deemed as the new currency, is available, and the financial…
GBG rolls out anti-fraud solutions to protect against financial crime
GBG has launched four fraud solutions including its flagship Instinct Hub as a platform solution in a bid to broaden the fight against modern day financial…
Financial tech firms disagree on ban of customer data screen-scraping
For years, financial technology (fintech) companies have used screen-scraping to retrieve customers’ financial data with their consent. Think lenders,…
Digital banking is changing Malaysia’s financial landscape
Financial services and financial technology (FinTech) are supported by regulators including Bank Negara Malaysia (BNM). Digital banking allows the offering of…
Apple admits possible financial impact from coronavirus in China
Apple’s Q1 earnings for 2020 showed that some analysts’ predictions of decline may be untrue, but the coronavirus could impact manufacturing. Apple is still…
Ukrainian cyber police exposed a fraudulent scheme of financial auctions
Earlier EhackingNews reported that cyber police in the Kharkiv region exposed members of a criminal hacker group who purposefully carried out attacks on…
Singapore financial regulator got 21 applications for digital bank licenses
TECHNOLOGY has disrupted banking a great deal. While traditional bankers are struggling in one way or another, new-age digital banks are thriving. Just about a…