Views
Who will really change the finance world with fintech?
Changes in the finance industry have been quite insignificant and even the new technology, or fintech, has only played a small role – so far. Read more…
finance
Features
Indonesia issues ‘James bonds’ to help balance the books
Indonesia’s finance ministry used celebrities, dance music and social media influencers to pump up interest in national savings bonds. Read more…
News
Three big Australian banks to trial blockchain for retail financing
Australian banks will test a bank-guarantee platform for shopkeepers that uses a shared database, the first use of blockchain for retail finance Read more…
Views
Defining financial inclusion and its true value to society
At least 1.5 billion adults worldwide do not have access to financial services and, as a result, are not benefiting from financial inclusion. Read more…
Views
Follow the FinTech: the new battle for control
Money, power and politics have always been linked to each other. The control of banks and finance services is an important way to use power and control macro developments. For example, anti-money laundering measures are Read more…
News
Banks launch blockchain-based trade finance platform in HK
HONG KONG (Reuters) – A new blockchain-based trade finance platform, developed by HSBC, Standard Chartered and ten other banks, was launched in Hong Kong on Wednesday to boost efficiency in the multi-trillion-dollar funding of international Read more…
Views
Criticizing FinTech over reputation risk is sheer hypocrisy
Traditional finance institutions often question and criticize the new finance models enabled by FinTech, using the excuse that banks are heavily regulated and must manage risks and protect their reputations. Yet the banking sector has Read more…
Off the Wire
Standard Chartered in blockchain bank-guarantee pilot
Standard Chartered has announced it is collaborating with Siemens Financial Services, the financing arm of Siemens, and digital trade provider TradeIX on a client pilot in the UAE to create an end-to-end blockchain-based smart guarantees Read more…
Features
Beijing quashes protests over P2P lending crisis
BEIJING (Reuters) – Peter Wang was asleep at his home in Beijing last Monday when police officers arrived before dawn to detain him, saying he had helped organize a protest planned for later that day. Read more…
Views
Wanna use FinTech to monetize web services? The East is already doing it
“The West monetizes web services with the advertising model, and the East monetizes them with FinTech.” I heard this comment at a think tank event I recently participated in. It is a very interesting observation. Read more…