Singapore: MAS will team up with Abu Dhabi Global Market – a global financial centre in the UAE – to nurture financial technology entrepreneurship and support financial services innovation.
India: HDFC Bank, the country’s second-largest private one, will be using robots at its branches, to assist customers.
Singapore: KPMG International and Microsoft Corp. have announced the launch of joint Blockchain Nodes, which are designed to create and demonstrate use cases that apply blockchain technology to business propositions and processes.
China: Ramping up its efforts to become a dominant Fintech hub in Asia, a 10 billion yuan (approx. $1.5 billion) fund was launched in Beijing, China, focusing mergers and acquisitions in the sector while seeking to nurture enterprises and startups in the industry.
India: Bosch India has launched its first accelerator program for startups called ‘discover, nurture and align- DNA.’ The 18 week program offers startups the opportunity of gaining access to Bosch’s working environment.
Hong Kong: As SuperCharger FinTech accelerator 2.0 kicked off at Hong Kong FinTech Week, eight finalists that were announced included startups in the areas of wealth management, RegTech, artificial intelligence (AI), cybersecurity and blockchain.
India: Mphasis, a leading IT services and solutions provider, today unveiled an industry first Centre of Excellence (CoE) for Blockchain based solutions at its Bangalore headquarters.
Singapore: In the first collaboration of its kind with the EDB and the MAS, IBM researchers will work with government, industries and academia to develop applications and solutions which are based on enterprise blockchain, cyber-security, and cognitive computing technologies.
India: Axis Bank, India’s third largest private sector bank announced the launch of ‘Thought Factory’ an innovation lab facility aimed at accelerating the development of innovative technology solutions for the banking sector.