The rise of regtech down under
Could Australia give the UK a run for its money? Wayne Johnson, co-founder and CEO of Encompass Corporation, explores.
Could Australia give the UK a run for its money? Wayne Johnson, co-founder and CEO of Encompass Corporation, explores.
Denmark took a back seat at Money20/20 Europe as the lively fintech scenes in China and India fell under the spotlight with a wealth of information and stats.
Indian payment solutions provider and Pay Award-winning ItzCash Card Ltd. has a new main backer. U.S.-based Ebix, which sells on-demand software and e-commerce services, has taken an 80 percent stake in the company for $120 million.
Citi’s global perspectives and solutions team has issued a 100-page report on digital disruption in the fintech industry. It has analysed venture capital (VC) investments in the fintech industry between 2010 and 2016, as well as the emerging technologies across the globe.
As the global banks grapple with tides of regulation, fines, and a myriad of other post-crisis issues, local Asian institutions are tooling up and stepping in to fill the gaps.
Standard Chartered has appointed Peter Burnet as its regional head of corporate finance for northeast Asia. In his new role, Burnett will cover project and export finance, mergers and acquisitions advisory, structured trade finance, financing solutions and equity capital markets.
Dutch bank ABN Amro has hired 11 new specialist staff as it attempts to build out its business for high net worth individuals in Asia and the Middle East.
Citi has introduced a new kind of ATM designed to help customers do virtually all their banking without visiting a branch.