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Latest: Fintech News

R3, Hong Kong’s Cyberport to Push CBDC Technology
R3, Hong Kong’s Cyberport to Push CBDC Technology

The collaboration will enable R3 to offer its distributed ledger platform and confidential computing platforms to Hong Kong fintech start-ups

Singapore-Based Volopay Enters Indian Payments Market
Singapore-Based Volopay Enters Indian Payments Market

The company said the funds will enable it to expand to companies in Singapore and Australia and launching into new markets including India

Sydney Brothers Tackle Crypto ‘Tax Nightmare’ – The Age
Sydney Brothers Tackle Crypto ‘Tax Nightmare’ – The Age

CryptoTaxCalculator, founded by Shane and Tim Brunette in 2018, is a software start-up that collates data from major crypto exchanges

China’s Meituan Cuts Commissions After Regulatory Guidance
Baidu Beats Quarterly Revenue Estimates On AI, Cloud Services
Toyota to Restart Production After Cyber Attack on Supplier
Australian Lawsuit Accuses Crown of Money Laundering Breaches
China Warns Of Huge Pressure On Trade As Challenges Mount
Australia’s CBA sells Chinese Bank Stake for $1.8bn – The Age
Paytm Faces Pushback from Shareholders on Esops – BS

Fintech: The Big Picture

ASML in the Centre of the Chip War

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