The startup will apply for the first virtual banking licenses, setting it in eventual competition with traditional consumer banks.
The company’s FIC Network is designed to use blockchain tech to originate and distributed fixed-income securities in new ways.
The bank is using technology from Finastra to win retail and SME customers in Myanmar.
JIAM, a consortium supported by the Tokyo governor, wants global asset-management B2B fintechs to consider doing business in Japan.
Tomasz Kurczyk, head of digital transformation, says new API strategy in place in Singapore to overhaul insurance business.
Accessing data is one of several challenges big Chinese P2P players face if they try to export their models overseas.
Fei Zhang of B3i founding member Allianz says the consortium will transform into a company as it puts debut products into production.
DigFin reported Australian micro-investment app Acorns planned to go up the value chain. It turns out it has additional plans.
State Street’s Pinar Emirdag says the bank consortium behind USC wants to create DLT-based infrastructure for cash-leg settlements.
The bank has begun running one app on a vendor’s cloud, with more to come – within strict parameters regarding security.