Posts Tagged: banking

China's banks must close all bitcoin sites' trading accounts by April 15

China’s banks give deadline for bitcoin exchanges to close their trading accounts (UPDATED)

Update on April 10: China’s bitcoin exchanges are being issued with formal notices stating that their bank accounts must be closed by ...

  • April 10, 2014
  • at 6:05 pm
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chinese money renminbi rmb currency

WeChat’s online savings fund rakes in $130 million in deposits on first day

Just over a week ago Tencent launched Licaitong for WeChat, a consumer investment fund that lets Chinese users store savings in a money-mark...

  • January 30, 2014
  • at 6:00 pm
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4 ways China’s web giants will beat state-owned banks in consumer finance

In recent months, China’s web giants – namely Baidu (NASDAQ:BIDU), Alibaba, and Tencent (HKG:0700) – have been applying for f...

  • November 12, 2013
  • at 9:30 am
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Baidu announces upcoming launch of Baifa as it moves into personal finance

Baidu (NASDAQ:BIDU) announced today that it will officially launch a new finance platform on the 28th. According to Netease News, Baidu’s ...

  • October 21, 2013
  • at 4:13 pm
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Looking to China’s Personal Finance Market, Sina Gets Into Online Banking

Chinese internet giant Sina (NASDAQ:SINA) — perhaps most famous abroad now for its microblogging service Sina Weibo — is getting...

  • July 19, 2013
  • at 10:04 am
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What Do Obama and Citibank Have in Common?

Answer: The effective use of technology will determine their triumph or defeat. That’s at least one conclusion that we can draw from the r...

  • November 9, 2012
  • at 7:00 pm
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maybank singapore app

Maybank Singapore app: Pay bills and transfer funds from Singapore to Malaysia

This feature could be useful for Malaysian professionals working in Singapore.

  • September 13, 2012
  • at 8:30 am
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For Chinese Using Online Banking, Forget Firefox, Chrome, or Mac

One Chinese bank has set off a torrent of complaints among Chinese web users after it admitted via social media that its online banking syst...

  • August 7, 2012
  • at 5:10 pm
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Perfectsen gives Malaysian Maybank customers new way to manage finances online

Perfectsen has launched its online financial management app M2U Planner with Maybank, Malaysia’s largest bank. The app, which allows u...

  • April 15, 2012
  • at 10:23 am
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2 of China's web giants want to become banks as China reforms banking industry

2 of China’s web giants want to become banks as China reforms banking industry

China is set to launch a trial program to shake up the nation’s state-owned banks, allowing five new private banks to be set up in the...

  • March 11, 2014
  • at 6:55 pm
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wechat bank

WeChat leaps into banking, lets users set up online investment fund

Tencent (HKG:0700) has just joined China’s personal finance race alongside Alibaba and Baidu (NASDAQ:BIDU) with the latest addition to Ch...

  • January 16, 2014
  • at 11:20 am
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Alibaba secures Chinese government approval to sell funds on Taobao as it continues to disrupt the banking sector

Chinese tech giant Alibaba has received approval from the China Securities Regulatory Commission to conduct sales of fund products on Taobao...

  • November 1, 2013
  • at 2:00 pm
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Lifestyle guide: be a cashless society with Mandiri E-Cash

This new payment method from Mandiri Bank, one of the largest government-owned banks in Indonesia, is going to be a new favourite. I think t...

  • October 2, 2013
  • at 6:34 pm
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Alibaba’s Yuebao Online Personal Finance Product

Alibaba’s New Online Personal Finance Product Hits 2.5 Million Users, $1 Billion Already Deposited

A few weeks ago it was interesting to see China’s e-commerce titan Alibaba move in to disrupt China’s personal finance industry with a n...

  • July 1, 2013
  • at 8:03 pm
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China Set to Approve Global NFC Standard for Cashless Payments

China looks set to adopt the worldwide NFC standard for contactless payments, in a move that could be a boost to the usage of smartphones fo...

  • September 27, 2012
  • at 8:22 pm
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Aung Kyaw Soe

Platform to Allow Millions of ‘Unbanked’ Thais Purchase Online

Nicholas Altstadt is a freelance journalist based in Southeast Asia and a regular contributor to local news and reviews website Coconuts Ban...

  • August 29, 2012
  • at 9:00 pm
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Conference: Next Bank Asia 2012

Think of the last banking conference you went to. It probably was just like the last one, and the one before that. Too often, too many banki...

  • May 3, 2012
  • at 12:27 pm
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Perfectsen, a Mint-like app for Southeast Asia, makes perfect sense

I’ve always wanted to use Mint, an online personal finance management tool that is integrated with your local bank. In fact, I’m...

  • April 7, 2012
  • at 10:00 am
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