Latest News: Fintech
Network will be used by more than 40% of personal mobile phone users by 2023
Economists polled by Reuters expect Taiwan's exports rose further in September after hitting $53bn in August
The platform was the only major US-owned social network operating in the country, where Beijing demands they obey strict rules and regulations
AI News
China is set for global dominance of the artificial intelligence space, the Pentagon’s recently resigned first chief of software officer......
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China Already Outflanks US in AI, Says Ex-Pentagon Tech Chief11 Oct 2021
Former US Air Force scientist tells Financial Times he is angry at wasted opportunities...
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Alibaba, Meituan and JD.com Aim To Deliver With Aid Of A Robot Army28 Sep 2021
The Chinese tech and delivery giants are looking to roll out thousands of courier robots over the next few years after the pandemic brought forward plans for more automation...
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Xiaomi Funding Lifts Auto-Chip Firm Black Sesame’s Value To Near $2bn22 Sep 2021
AI digital imaging technology firm’s cash boost a sign of how Beijing is focused on pushing the development of its domestic chip sector...
Blockchain News
Rio Ferdinand, Gerard Pique, Antoine Griezmann and Cesar Azpilicueta have also invested in the game which sees cards traded in the form of non-fungible tokens...
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Crypto Platform Poly Network Rewards Hacker with Big ‘Bug Bounty’13 Aug 2021
Hacker reportedly offered $500,000 as a reward for returning crypto-assets taken in huge heist this week to a wallet the platform can access – but it is not known if 'Mr White Hat' will accept the offer...
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China sets goal to be blockchain world leader by 202508 Jun 2021
Guidelines issued on Monday by China’s IT and Cyberspace Affairs offices outline long-term plans to build blockchain companies to drive......
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Bitcoin plunges on China mining fears and concern about regulation18 Apr 2021
(ATF) Bitcoin fell by over 15% before recovering some ground to $56,100 by late on Sunday April 18.......
Crypto News
Beijing to enshrine in law a ban that’s forced miners from the country. Proposed list of prohibited industries is shortened, however ...
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India Will Soon Be A Crypto-Investment Hub: Chainalysis05 Oct 2021
New research from the blockchain analytics firm claims that crypto transactions surged 706% in Central and Southern Asia, plus Oceania over the past year....
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‘Cryptoization’ of Emerging Markets Threatens Financial Stability, IMF Says02 Oct 2021
The IMF says the market value of crypto assets surged 10-fold since early 2020 to surpass $2 trillion and warns that increased trading of the assets risks triggering destabilizing capital flows. ...
Cyber Security News
Controversial ride-hailing giant swift in effort to quell speculation as it undergoes cybersecurity probe ...
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China’s New Data Laws Leave Firms With More Questions Than Answers27 Aug 2021
New data security law requires all companies to classify data they handle into categories, plus how it should be stored and transferred, but firms have no guidelines yet on what to do...
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China’s Critical Data Rules Not Aimed at Firms Planning Foreign IPOs – Regulator24 Aug 2021
Top cybersecurity official says that all companies, including those involved in foreign trade, must ensure network security...
Payments News
Southeast Asian payments firm buys stakes from Indonesian conglomerate Lippo and Tokopedia to lift its holdings to 90% from 39%...
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Australian Regulator Aims To Rein In Google’s Advertising Power28 Sep 2021
Anti-competition watchdog calls for regulations on use of internet data to sell ads, claiming Google's dominance in the sector hurts publishers, advertisers and consumers...
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US Trade Official Emails Called India’s Mastercard Ban ‘Draconian’19 Sep 2021
US government communications show its frustration with India's ban on new card issuance by American Express and Diners Club International in April, and Mastercard in July....
More Fintech News
Opinion & Comment
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ESG Investing in Asia Plots its Own Path17 Jul 2021
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
