Commentary / World Jun 6, 2022
Banking could go the way of news publishing
by Andy Mukherjee
Tech giants pose a far bigger challenge to brick-and-mortar lenders than fintech startups that don’t have the scale of platform businesses.
Business / Tech Apr 4, 2022
Post-Brexit London races to keep its head start in fintech
by Aisha S Gani
Key players looking to remake finance are gathering this week to discuss how the U.K. can "remain the world’s preeminent financial services and innovation hub."
Business / Corporate Mar 10, 2022
SoftBank unit plans NFT mall to grow global presence
by Ming Jeong Lee and Takahiko Hyuga
Z Holdings, which makes the bulk of its revenue through mobile ads and spending, plans to expand by tapping a five-year budget of roughly ¥500 billion for growth initiatives.
Business / Financial Markets | FOCUS Nov 30, 2021
Support for growing sectors key to global financial hubs, Japan think tank says
New research has presented important lessons for cities aiming to improve their standings as international financial centers.
Business | FOCUS Sep 17, 2021
Banks beware, outsiders are cracking the code for finance
by Anna Irrera and Iain Withers
Global brands are cutting out the traditional financial middleman and plugging in software from tech startups to offer customers everything from banking and credit to insurance.
Business | ANALYSIS Apr 26, 2021
With digital yuan trials, Beijing looks to claw back data from Alipay and WeChat
"Big data is wealth. Whoever owns data thrives," said a banking official tasked with promoting the digital yuan.
Business / Corporate Oct 5, 2020
NEC Corp. said Monday it will acquire Swiss financial software vendor Avaloq Group AG for 2.05 billion Swiss francs (¥236 billion) by April to strengthen its global financial services reach. The information technology giant hopes to add Avaloq's leading digital banking solutions to its own ...
Commentary / World Sep 17, 2020
Singapore wants cold war’s casualties, not cash
by Andy Mukherjee
Amid the drumbeats of a U.S.-China cold war, the Southeast Asian island-state is often talked about as a sanctuary for capital looking to flee the clash of superpowers.
Business / Economy Jun 22, 2020
Lawmakers offer help to Japanese banks battling fintech firms
The ruling-party lawmakers are looking to make it easier for banks to expand into different industries.
Business Feb 25, 2020
Intuit Inc., the software giant behind TurboTax, is buying personal finance website Credit Karma Inc. for about $7.1 billion in cash and stock. San Francisco-based Credit Karma has garnered more than 100 million users by offering free credit scores since it was founded in 2007. ...
Business Jan 27, 2020
Japanese banks' fortress mentality puts them on trailing edge of fintech revolution
by Taiga Uranaka and Yuki Hagiwara
Japan's effort to nudge its more than 100 struggling regional lenders into the digital age is floundering. More than a year after rules to spur open banking were issued, small lenders are stuck in a back-and-forth with startups over fees for access to client account ...
Business / Tech Jan 17, 2020
Toshiba touts PC algorithm that's faster than a supercomputer
by Grace Huang and Shoko Oda
It's a tantalizing prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than today's most advanced supercomputers. Toshiba Corp. says it has the technology to make such rapid-fire calculations a reality — not quite quantum computing, ...