News > FinTech

Video: Innovation can’t happen within a bank
FinTech
Ajmal Samuel explains the downside to working inside a bank incubator. "You can't innovate under one brand," says the CEO of Octo3 at a recent O-2-O gathering at Cyberport. Samuel tells NexChange that real innovators need to find a space outside the financial institutional scene to create.
Video: The cool factor in fintech matters less than the business model
FinTech
Many founders get fixated on the cool factor of their technology. That's a mistake, says Ajmal Samuel, CEO, Octo3. At a recent O-2-O meetup at Cyberport, Samuel tells NexChange that we should re-label fintech as biztech.
Will Bitcoin pass $1,200 in 2016?
FinTech
Predicting the value of a commodity as volatile as Bitcoin is a treacherous endeavour at the best of times. But a few analysts have popped their heads about the parapet to give it a shot. According to CoinTelegraph, the predictions are bullish but also very speculative (so it's advised not to make any investment decisions based on them). Estimates vary
Fintech in 2015: Blockchain, crowdfunding, and cybersecurity
FinTech
This is the second part of our look back at the main fintech trends of 2015; the first part – on payments, lending, and robo-advisors – is here. Blockchain and bitcoin Bitcoin reached a number of milestones in 2015. In the U.S. it was given commodity status from Commodity Future Trading Commission (CFTC) in the form of a slap on
Hong Kong banks need fintech to get down with the kids
FinTech
Tech innovation is turning out to be a key weapon in an intensifying battle among Hong Kong’s bank for young retail customers. Reuters reports that the likes of HSBC, Citigroup, and the Bank of China are competing to secure their future position in the market by luring the city’s tech-savvy youth. This need breed of customer, it says, is much less
Fintech in 2015: Payments, lending, and robo-advisors
FinTech
It has been a busy year for fintech. Here we look at some of the major advances in regulation, technology, and business, across payments, lending, and robo-advisors. Payments     Payments has arguably been one of the biggest areas of development in fintech in 2015. Firstly, we have seen a number of services and products come onto the market.  The
The risk and opportunity in peer-to-peer investing
FinTech
In today’s low-interest-rate environment, advisors must add value to fixed-income allocations. Unfortunately, some of the higher yielding segments of the fixed-income markets – such as peer-to-peer (P2P) investing – don’t fit into the typical financial advisor investment platforms. But that may soon change, as NSR Invest, a P2P analytics and management solution, prepares to launch the first integration of P2P
Banking layoffs could unlock a gold mine of fintech talent in Hong Kong
FinTech
Ask any fintech startup in Hong Kong to list the biggest barriers to growth and invariably you will find that issues over talent acquisition will rank fairly high on the list. But while startups are looking to grow their teams, the big banks are also trimming headcount. The issue of talent acquisition featured prominently at the recent Finnovasia: Future of
Bain Capital wagers on China fintech
FinTech
Bain Capital is making a big bet on China's burgeoning fintech and healthcare sectors. The U.S. private equity firm has raised $3 billion to invest in Asia and intends to put it to work next year. "As China transitions to a more service-oriented economy and sectors such as fintech and health care become areas for growth, they will require capital
Citi's fintech award winners
FinTech
Citi announced the "top innovations" from its Citi Mobile Challenge in Asia Pacific on Tuesday. The global initiative invited developers to build products or services based on the bank's digital platform and present concepts at events across the region, according to a media release. And the winners are: Most Intuitive Personal Financial Management Solution – CashTrack (Singapore) Most Transformative Use of Blockchain