FinTech

Asian markets exploring opportunities in Fintech

Hitachi, Hitachi Asian markets (Vietnam) Co, Ltd. local subsidiary of Hitachi in Vietnam, and VietCredit Finance Company (“VietCredit”), a local Vietnamese consumer financial institute in Vietnam, announced that they are the latest collaboration to reach an agreement on the start of a demonstration experiment to provide new financial services using digital technology such as AI. […]

Digital banking platform making headway in Africa

The first Angolan digital banking platform DUbank, is set to be inaugurated at the beginning of 2020 with an initial investment valued at $12 million. Sérgio Hirose, Executive Director at DUbank, claimed that all the legal requirements stipulated by the National Bank of Angola have already been fulfilled. The only item remaining was the endorsement […]

Can we really transition from paper money to a cashless society?

In the recent years, money and our perception of it, has evolved significantly. The rapid advancements in technology has influenced and diversified the form and nature of money used for exchange purposes: from coins to paper to bank-accounts to e-wallets and cryptocurrency, money no longer has a single, identifiable image. Based on how fast the […]

Cryptocurrency - Adapting to the changes in Financial Technology

Recently, it seems that the global community has jumped aboard the digital currency bandwagon with China’s exploration of a digital yuan, to Facebook’s Libra. Now, Japan are working on a proposal for the county, to issue its own digital currency – the digital yen. This is said to be a joint initiative between the government and […]

The MENA Mobile Economy

The contribution of the mobile economy in the Middle East and North Africa (MENA) region, is expected to reach just over 220 billion USD by 2023, as countries increasingly benefit from the improvements in both productivity and efficiency, as a result of increased utilisation and take-up of mobile services. Last year, mobile communication technologies and […]

Financial Technology - A Dive into Fintech

Financial Technology or better known as Fintech is currently the description of a business that aims to provide financial services by making use of modern technology tools such as mobile payments.  It is a multibillion-dollar industry changing every financial aspect of our life. Indeed, you can now open a bank account over the internet, without […]