Latest: Fintech News
Chinese officials have been tightening scrutiny on the fintech sector, while ByteDance has focused on e-commerce and gaming as its new sources of growth
Ant and state firms in Zhejiang province plan to set up a credit-scoring firm to handle the group's data on over 1 billion consumers. The new venture could help revive Ant's suspended IPO
Didi Global will help set up a union for its staff, sources have revealed. This would be a groundbreaking move, as there are few unions in China's tech sector
Magnachip said in a SEC filing on Monday the Treasury Department sent a letter last Friday to say the Chinese takeover bid posed "risks to the national security"
Regulators have further reduced the amount of time children under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays
Burgeoning e-commerce group became Brazil's most-downloaded shopping app, luring customers via in-app mini-games that offer coupons to winners
Multinationals that use a large amount of computer chips are reported to have objected to Nvidia's plan to take over UK chip designer Arm, which is being assessed by regulators at home and abroad
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
Fintech and e-commerce companies are raising billions in capital as global investors bet on tech companies seen as prospering once the pandemic eases
(AF) In a demonstration of the difficulty in regulating cryptocurrencies, the UK’s Financial Conduct Authority (FCA) said it’s unable...
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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Southeast AsiaHong Kong Poised to Green-Light First Spot Bitcoin ETFs
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Fintech: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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