Asia-Pacific now home to more than Half of the World’s ATMs
Sep15

Asia-Pacific now home to more than Half of the World’s ATMs

The number of ATMs installed worldwide grew by 3% to 3.3 million in 2016. As in recent years, the vast majority of new ATMs were installed in Asia-Pacific China still propels ATM expansion At a country level, China added by far the most ATMs in 2016. Local banks have sought to gain new customers and provide a better service for current ones by introducing ATMs to rural and previously underserved urban areas. It should be noted however...

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Asia Retains Payment 2017 Innovation Crown
Jun21

Asia Retains Payment 2017 Innovation Crown

The Global Payments Innovation Jury identifies key fintech trends in 2017 The Global Payments Innovation Jury today releases its 2017 Report, revealing that while Asia remains home to most payments innovation, Europe has leapfrogged Africa, North America and Latin America for the first time in nine years. The Global Jury is a panel of 70 CEOs and senior industry executives from 37 countries across 6 continents, making it the most...

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Asia’s First Shariah Compliant Robo will Launch on the 10th of July 2017
Jun20

Asia’s First Shariah Compliant Robo will Launch on the 10th of July 2017

Farringdon Group is proud to confirm the launch of its’s new Robo adviser service which follows Shariah investment guidelines. Its shariah investment strategy is approved by well-known Shariah Scholar Datuk Dr Daud Bakar of Amanie Advisors. The official launch date is July 10th 2017. Their new system branded as “Algebra” is aiming at revolutionising the way its prospective clients receive advice. Algebra can complete a fact find and...

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BDO Unibank Selects Fiserv to Provide Managed Services and Expertise
Nov03

BDO Unibank Selects Fiserv to Provide Managed Services and Expertise

Support will cover multiple solutions including Signature, Teller and Communicator from Fiserv Fiserv, Inc one of the largest banks in the Philippines, expanded their relationship with Fiserv to include Managed Services to support the IT initiatives of the bank. BDO Unibank utilizes the Signature core account processing platform, the Teller front-end teller system, and the Communicator enterprise framework solution from Fiserv. With...

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eg Secures First Landmark Contract in Asia Pacific   
Oct27

eg Secures First Landmark Contract in Asia Pacific  

eg solutions plc (AIM: EGS), the back-office workforce optimisation company, is pleased to announce that it has signed its first direct contract in the Asia Pacific region with a leading financial services group, headquartered in Singapore.  This contract is worth approximately £500,000 with circa 50% of the contract value expected to be recognised in the current financial year. The contract will see the deployment of the eg...

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Algebra, Asia’s first Shariah-Compliant Robo-Advisor, set to Launch
Oct27

Algebra, Asia’s first Shariah-Compliant Robo-Advisor, set to Launch

Algebra, Asia’s first Shariah-compliant robo-advisor, will be launched this December by Farringdon Group Private Wealth Managers. Open to investors from across the globe, with a minimum investment of US$200 per month, they will select funds from the Islamic Master Select Portfolio, a strategy with five risk-weighted baskets. Shariah-compliant refers to funds that follow basic Islamic principles. For example, no stocks may derive...

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Rising Demand for Cash in Asia will Drive Growth in ATMs for Years to come
Oct26

Rising Demand for Cash in Asia will Drive Growth in ATMs for Years to come

Demand for cash from ATMs in Asia Pacific is growing dramatically as the banked population expands The value of cash withdrawn from ATMs in eleven major Asia-Pacific markets has soared by 50% since 2011, according to ATM Hardware, Software and Services 2016, a report from RBR, the specialist ATM research and consulting firm. In 2015 alone, the value of cash withdrawals grew by more than 15% in the Philippines, Vietnam, Indonesia and...

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Money20/20, the World’s Largest FinTech event, Announces Launch of Money20/20 Asia
Oct26

Money20/20, the World’s Largest FinTech event, Announces Launch of Money20/20 Asia

Money20/20, the world’s largest FinTech events, today announced the launch of Money20/20 Asia, a complete conference and exhibition event for the Asia Pacific payments and financial services landscape. The inaugural Money20/20 Asia will take place in Singapore from 13th – 15thMarch 2018. Money20/20 was founded in the US in 2011 and is now recognised as the largest FinTech event in the world. The 5th annual Money20/20 US, taking place...

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European Technology Industry Ready to be Transformed by Asian Investors
Oct18

European Technology Industry Ready to be Transformed by Asian Investors

Asian investors could have a transformative effect on the European technology industry, according to analysis by Magister Advisors. In recent months, Chinese consumer-tech giant Tencent acquired Finnish games developer Supercell for $9B and Softbank paid $32B for the UK’s world leading mobile chip company ARM; unprecedented investments in European tech.  Both are real “platform deals,” creating entirely new European business units for...

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Currencycloud to Power APAC Expansion for Digital Enterprises
Oct12

Currencycloud to Power APAC Expansion for Digital Enterprises

Introduction of local payments to Hong Kong, Singapore, Thailand, China, Australia and India will connect Currencycloud clients seamlessly with Asia Currencycloud will be supporting digital enterprises to set their sights beyond Europe, with the introduction of six new local payout countries in APAC to its platform. Clients building digital platforms will be able to integrate low cost and predictable local payments in Hong Kong Dollar...

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Robo-Advisor Released by Lighthouse Canton
Oct10

Robo-Advisor Released by Lighthouse Canton

Lighthouse Canton, an investment manager with USD400m AUM, now offer accredited investors access to hedge fund strategies without hedge fund costs, via their App Store robo-advisor. In partnership with WeInvest, a Platform-as-a-Service provider, it grants ease of access across a fully supported range of strategies, asset classes and currencies. Lighthouse Canton offer their clients access to these strategies starting from 0.4 percent...

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Volante Technologies and Finexus Partner to Help Build New Real-Time Gross Settlement Systems
Sep26

Volante Technologies and Finexus Partner to Help Build New Real-Time Gross Settlement Systems

Providing critical transformation capabilities for complex RTGS implementations on a global scale Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced it has been chosen by Finexus to provide the key MT to MX message transformations in complex multi-currency Real-time Gross Settlement (RTGS) System implementations. ...

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Huawei Hosts FSI Forum to Accelerate Digital Banking Transformation
Jul06

Huawei Hosts FSI Forum to Accelerate Digital Banking Transformation

Huawei Asia-Pacific FSI Forum 2016 explores innovative ICT approaches to help financial services firms win in the digital era Huawei hosted its Asia-Pacific Financial Services Industry (FSI) Forum 2016 together with industry association The Asian Banker. Over 160 industry executives from across Asia-Pacific attended the Forum, themed “Reshaping IT to Fuel Digital Banking Transformation”, which focused on advancing digital...

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Customer Experience Is Measured by Seconds
Jul04

Customer Experience Is Measured by Seconds

With rampant growth of e-Commerce in countries such as China, India, Japan and South Korea, the Asia-Pacific region is set to become the leading region for e-Commerce globally. By 2018, this region is expected to generate sales of US$1,892 billion regionally and US$3,015 globally. Countries such as Malaysia and Philippines are witnessing the strongest growth while China and Korea will command the highest sales through e-Commerce as...

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Explosive growth in Bangladesh heads ongoing expansion of Asia-Pacific ATM  market
Jun22

Explosive growth in Bangladesh heads ongoing expansion of Asia-Pacific ATM market

  The number of ATMs in Asia-Pacific rose by 12% in 2015, according to a new report from RBR, which includes detailed coverage of Asia-Pacific for the first time. Growing banked population drives ATM expansion 2015 was another year of spectacular growth for ATM markets in Asia-Pacific. For the first time, RBR has examined 11 major markets in the region in detail, for its ATM Hardware, Software and Services 2016 report. The study...

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