Technology News Updates

TECHNOLOGY NEWS THIS WEEK

'Technology' is having an increasingly profound impact on financial services. Every day there is an abundance of tech' related news in the capital markets and in M&A; stories on alternative banking and payment models and on the technology to drive customer growth and engagement (FinTech). There are also stories on the current developments in IT and web infrastructure and the growth of new technology solutions for businesses and consumers.  This section of the Asia First platform is designed to provide for financial professionals and the financially aware the key stories that are relevant, directly or indirectly, to the finance sector but also to investors, would-be fund-raisers and those developing new technologies for the sector. 

 


 

Equipsuper invests in fintech, robo-advice firm
Sep 28, 2015 - Financial Standard, Asset Management (Free access)

Equipsuper has invested in a fintech startup that will develop the fund's digital advice and investment platform.  more

 Will fintech kill your banking job?
Sep 28, 2015 GMT +8 - efinancialcareers, Job News - China (Free access)

Fintech start-ups have the potential to put an increasing number of banking professionals out of work by 2020 – especially in these functions.  more

Smart Nation Singapore: country of financial revolution
Sep 28, 2015 GMT +8 - Myguides Ltd, bobs guide  (Free access)

Recently ranked fourth financial centre of the world in a report produced by think tank Z/Yen, Singapore is thought of as a fintech leader in the Asia Pacific region because of increased innovation and it is apparent that a revolution is imminent. In November 2015, the Singaporean government...  more

This Fintech Company Will Give You Costly Investment and Banking Services for Free

Sep 28, 2015  - MoneyBeat - WSJ (Subscription Required)

Wall Street financed start-up Aspiration says it will let customers pay whatever they want. Even if that is nothing.  more

   
Robot revolution rises in China factories
Sep 27, 2015 , Japan Times - Business (Free access)

In Chinas factories, the robots are rising. For decades, manufacturers employed young migrant workers from the countryside to work at countless factories in coastal provinces, churning out cheap toys, clothing and electronics that helped power the countrys economic ascent. Now factories are rapidly replacing those workers with automation, a pivot that is encouraged by rising The post Robot revolution rises in China factories appeared first on The Japan Times.  more

India Replaces China as Next Big Frontier for U.S. Tech Companies (Vindu Goel/New York Times)

Sep 28, 2015 Techmeme (Free access)

Vindu Goel / New York Times: India Replaces China as Next Big Frontier for U.S. TechCompanies  —  BANGALORE, India — American technology companies desperately want to win over people like Rakesh Padachuri and his family.  —  Mr. Padachuri, who runs a construction business in this city, the center of India's technology industry … more

Morningstar to shake up Aussie fintech market
Sep 27, 2015 , Investment Operations and Custody (Free access)

Matt Fellowes by Greg Bright In what is bound to shake up the fledgling Australianfintech industry, Chicago-based Morningstar Inc is working on an Australian launch for its robo-advice offering, HelloWallet, which provides various online retirement and financial “wellness” software Read More  more

 The Top Five Fintech Marketplaces
03:10 Sep 26, 2015 GMT +8 - Forbes (Free access)

The two-sided marketplace has created some of the fastest-growing startups of the last twenty years. Pioneers like eBay, Airbnb and Uber were all created to connect an underutilized supply with an unmet demand for a product or service using a technology platform. Historically, marketplaces are slow to hit critical mass ...  more

Dark Data: What is it and Why Does it Matter?
20:15 Sep 25, 2015 GMT +8 - Fintech Journal, Fintech Journal (Free access)

One of the latest buzz terms to emerge, quite literally, from the shadow of Big Data is Dark Data. Despite its ominous-sounding name (one can imagine a tween goth band adopting that moniker), it is perhaps more accurate, if less foreboding, to see Dark Data as more like Big Data’s  more

64% Of Enterprises Prioritize Mobility As Critical On Their Tech Agendas
Sep 27, 2015 - Forbes (Free access)

68% of enterprises see mobile as critical/very important to improving internal communication. 46% are augmenting and deploying new mobile Customer Relationship Management (CRM) apps today. 32% of enterprises say that Internet of Things (IoT) will be a top technology investment in the next year. 38% are using or planning to use cloud-based Mobile ...  more

India Replaces China as Next Big Frontier for U.S. Tech Companies (Vindu Goel/New York Times)

Sep 28, 2015 Techmeme (Free access)

Vindu Goel / New York Times: India Replaces China as Next Big Frontier for U.S. TechCompanies  —  BANGALORE, India — American technology companies desperately want to win over people like Rakesh Padachuri and his family.  —  Mr. Padachuri, who runs a construction business in this city, the center of India's technology industry … more

Robot revolution rises in China factories
Sep 27, 2015 , Japan Times - Business (Free access)

In Chinas factories, the robots are rising. For decades, manufacturers employed young migrant workers from the countryside to work at countless factories in coastal provinces, churning out cheap toys, clothing and electronics that helped power the countrys economic ascent. Now factories are rapidly replacing those workers with automation, a pivot that is encouraged by rising The post Robot revolution rises in China factories appeared first on The Japan Times.  more

64% Of Enterprises Prioritize Mobility As Critical On Their Tech Agendas
Sep 27, 2015 - Forbes (Free access)

68% of enterprises see mobile as critical/very important to improving internal communication. 46% are augmenting and deploying new mobile Customer Relationship Management (CRM) apps today. 32% of enterprises say that Internet of Things (IoT) will be a top technology investment in the next year. 38% are using or planning to use cloud-based Mobile ...  more

Bank of China to embrace hi-tech opportunities

Sep 26, 2015 - China Business Daily News (Free access)

China's banking industry will become more vigorous through technological innovation and upgrades, rather than perish with the rise of new industries, said Tian Guoli, chairman of Bank of China Ltd.  more

This rockstar banker from Japan built a startup that fuses media and fintech

Sep 26, 2015 -  Tech in Asia - Japan (Free access)

Frustrated with the daily grind as a banker, Kazumasa Tomita left to build a financial news site. Less than three years later, it’s one of the biggest in Japan.  more

Tech firms among those in S'pore seeing fastest growth
Sep 26, 2015 -  - AsiaOne (Free access)
The spate of high-profile security breaches at large companies and government agencies here and overseas has had a silver lining for local cyber security outfit Accel Systems and Technologies. The firm has recorded a 300 per cent jump in revenue over the past year, said chief executive Tammie Tham. The three-year-old company is seen as one of the 50 fastest-growing firms in Singapore, according to credit and business information service provider DP Information Group (DP Info). Its FG50 list, released last month, identifies companies that have achieved a minimum of 10 per cent growth in turnover every year for the past three years while still remaining profitable. While Ms Tham attributes her firm's fourth placing to the low base in the initial period of the survey from 2011 to 2013 - she notes that revenue has grown by a third and profits by three-fold in the 12 months to March 31 this year. "Cyber security is the hottest topic now in the IT industry," she says.   more
 

What’s Next for Consumer Tech?

Sep 26, 2015  ReCode (Free access)

After a long stream of critical, widely adopted devices, there is no tech heir apparent.  more

10 weird and wild cutting-edge security threats
Sep 26, 2015  CIO - News (Free access)

New tech, new bugs, new headachesWhen you think of security vulnerabilities, the first thing that likely comes to your mind are flaws in Windows or apps like Adobe Reader that let hackers wreak havoc on your PC. But computers are everywhere these days, and with more computers come more security headaches.Join us as we look at ten hacks and vulnerabilities that take threats to the next level. Somehow, things have gotten even crazier since our last look at shocking security exploits.To read this article in full or to leave a comment, please click here  more

Nasdaq ends lower as Wall Street rally fizzles

Sep 26, 2015 - Channel News Asia (Free access)

Strong earnings from Nike lifted the Dow on Friday (Sep 25), while weakness in manytech names pushed the Nasdaq lower as a morning rally in US stocks fizzled.  more

Executives Face New Tech: Beyond Cloud and Mobile
Sep 26, 2015, eWeek News (Free access)

Oct. 1, 1:30 p.m. Pacific Time: QuinStreet IT journalists discuss new research about how decision makers are navigating the rapidly changing tech landscape.  more

PE Firms See Most Tech Exits Ever Via M&A

Sep 26, 2015 - MoneyBeat - WSJ (Subscription Required)

In what's been a red hot M&A market, private-equity firms have largely stayed on the sidelines as buyers. But they have been busy selling their portfolio companies, especially their tech investments.  more

Microsoft EVP Peggy Johnson Talks Acquisitions and the Future (Video)

Sep 26, 2015, ReCode (Free access)

Full video of Johnson's conversation about startups, Silicon Valley, the tech bubble and more.  more

Internet-related deals led the investments made in China's telecoms, media and tech industries in first half

 Sep 26, 2015, South China Morning Post News Headlines (Free access)

Private equity and venture capital investments in China's telecommunications, media and technology industries reached a record US$15.56 billion in the first half of this year, led by more than 500 internet-related deals.  more

 BlackBerry pins hopes on an Android phone as handset losses continue
Sep 25, 2015, InfoWorld (Free access)

It's official: BlackBerry's next phone will run Android.The phone, called Priv, will also include BlackBerry security and productivity tools, Chairman and CEO John Chen told investors early Friday. iOS vs. Android vs. BlackBerry vs. Windows Phone -- find out which platform provides the security you need. | Also available as a downloadable PDF or ePub: Mobile Security Deep Dive. | Keep up on key mobile developments and insights with the Mobile Tech Report newsletter. The move suggests that Chen still can't decide whether BlackBerry should focus on the more profitable enterprise mobile device and application management software sector, or remain a loss-making phone maker with one foot still in the cut-throat consumer electronics market.To read this article in full or to leave a comment, please click here  more

Forcing suspects to reveal phone passwords is unconstitutional, court says (David Kravets/Ars Technica)

Sep 25, 2015, Techmeme (Free access)

David Kravets / Ars Technica: Forcing suspects to reveal phone passwords is unconstitutional, court says  —  Demanding “personal thought processes” amounts to compelled self incrimination.  —  The Fifth Amendment right against compelled self-incrimination would be breached if two insider trading suspects were forced …  more

US antitrust authorities could follow EU in investigating Google's Android deals
Sep 25, 2015, InfoWorld (Free access)

U.S. antitrust authorities may be ready to follow their European counterparts in investigating how Google licenses its apps and services for use on Android smartphones.Authorities in Russia found Google guilty of similar charges last week.Android is an open source operating system, but many of the apps and services that Android phone and tablet buyers see and use are proprietary Google offerings, including Google Now, the Play Store, and Google Maps. Get the best office apps for your Android device, and explore 12 great Lollipop APIs every Android developer will love. | Keep up on key mobile developments and insights with the Mobile Tech Report newsletter. Some companies -- most notably Amazon.com in the U.S. and Yandex in Russia -- have sold Android tablets and phones without Google's suite of apps and services, replacing them with their own equivalents. A complaint from Yandex triggered the Russian case decided last week.To read this article in full or to leave a comment, please click here  more

How the C-Suite & IT Differ on the Tech Talent Gap
Sep 25, 2015, Baseline News (Free access)

C-suite execs agree with their tech staff that the state of IT recruitment is challenging, but the execs underestimate the surge in demand for technology skills.  more

No surprise that Groupon is shutting down in Thailand and the Philippines

Sep 25, 2015, Tech in Asia - Thailand (Free access)

Tuesday was a sad day. Daily deal giant Groupon announced it will lay off 1,100 employees and shut down operations completely in 7 countries. It’s never pretty to see a giant stumble, but in this case many saw it coming: After the initial global Groupon craze and the $13 billion IPO, over time many observers  more

Case for financial services sector to draw from tech innovations
Sep 25, 2015, DealStreetAsia - Recent (Free access)

Traditional banks are laden with technological legacies preventing them from being nimble, consumer-focused service providers, said Maybank’s head of corporate development and innovation, Amran Hassan. “We have limited channels bridging supply and demand, banking technology is not nimble enough, our customers are changing and wanting everything immediately and customised for their iPads... Read more  more

TechBureau launches Mijin, a permissioned blockchain for banks
Sep 25, 2015, Finextra Headlines (Free access)

Tech Bureau (CEO: Takao Asayama) announces Mijin, a low-cost solution for creating permissioned blockchains.  more

MyRepublic gets $16M shot in the arm to become Singapore’s 4th telco

Sep 25, 2015 - Tech in Asia - Singapore (Free access)

The little telco that could is getting a new boost to enable small cell LTE technology and competitive mobile data bundles.  more

Uber to become accessible inside hundreds of apps in China
Sep 25, 2015, Tech in Asia - China (Free access)

Uber today opened its API to app developers in China in a bid to become a ubiquitous service in the country.  more

 California capitalism is starting to look a lot like Polish communism

Sep 25, 2015 , Quartz (Free access)

This talk by Maciej Ceglowski (the founder of Pinboard among other things) is mostly a discussion of ad-tech and privacy issues. It raises a number  more

 

 

 

 

 

 

 

 

 

   
   
   
   
   
   
   

 

PRODUCTS BY TECHNOLOGY NEWS UPDATES
x


0.6971 s