Discover all the payments and fintech-related news and analysis about Taiwan in The Paypers News, Reports, along with other Taiwan-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Taiwan in The Paypers News, Reports, along with other
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Taiwan-based LINE Bank has announced that it has been granted an operational license by Taiwan’s Financial Supervisory Commission for launching an internet-only bank.
LINE Bank, Taiwan, digital banking, online banking, mobile banking, internet bank, retail banking
Taiwan’s FSC (Financial Supervisory Commission) has granted approval to seven banks allowing them to participate in the second phase of Open Banking.
Taiwan, Open Banking, FSC, API, consumer data, TPP, mobile banking, banks, personal info
FEIB, Open Banking, wealth management, data, banking
Global Data, research, Taiwan, COVID-19, pandemic, ecommerce, PChome, Momo.com, cards, alternative payment methods, Line Pay, Apple Pay, retailers
Microsoft Taiwan has held Microsoft for Startup Demo Day, focusing on partnering with AuthMe, a Taiwan based startup.
AuthMe, Microsoft Azure cloud platform, KYC, AML, ID authentication, Deep Learning technology, ID-as-a-Service
Ingenico and TurnCloud have joined forces to offer a new Android solution for retailers in Taiwan.
Ingenico, retail, in-store payments, payment terminal
GlobalData, research, card payments, Taiwan, stimulus measures, triple stimulus, cardholders, credit card, debit card, ecommerce, online purchases, COVID-19
Rakuten, IBF Financial, banking, Taiwan, Japan, ecommerce, Rakuten International Commercial Bank, RICB, Taipei, electronic banking, Rakuten Card, online banking
Taiwan, mobile payments, smartphones, digital wallet, Payment Apps
Amadeus, ecommerce, API
FIME, FIDO, expansion, online security, biometrics
Taipei Fubon Bank has partnered with Avaloq to build an integrated technology platform for its private banking business.
online banking, digital banking, KYC, mobile banking
Taiwan-based blockchain security firm CoolBitX has unveiled Sygna Hub, an AML/CTF-focused product to help virtual asset service providers (VASPs) meet evolving crypto regulations.
AML, CFT, virtual asset, FATF, cybercrime, cybersecurity
product launch, loyalty programme, e-wallet, online payments, mobile payments
US-based payments technology company InComm Payments has announced the distribution of App Store Card in Taiwan in partnership with convenience store chain Hi-Life.
InComm Payments, product launch, retail, expansion, POS, prepaid card
Taiwan-based blockchain startup XREX has raised USD 17 million in pre-Series A funding led by CDIB Capital Group.
blockchain, startup, transactions , trade finance, cross-border payments
Taiwan-based regulatory technology (regtech) developer and non-custodian (DeFi/NFT) wallet provider KryptoGO has raised a total of USD 3 million in its seed funding round.
regtech, DeFi, NFT, crypto
Taiwan’s Financial Supervisory Commission (FSC) has asked credit card companies to ban payments for crypto-related purchases, as the regulator believes these assets are risky and speculative.
financial institutions, financial services, CBDC, digital wallet, digital currency, credit card, debit card, cryptocurrency, cryptocurrency exchange, crypto, crypto asset, NFT, digitalisation
Singapore-based DBS has decided to buy Citi’s consumer-banking business in Taiwan for cash equivalent to the net assets transferred plus a premium of roughly USD 704.2 million, according to Banking Dive.
Citi, acquisition, retail banking
The Central Bank of Taiwan (CBT) has accelerated its research into the development of a Taiwanese central bank digital currency (CBDC).
CBDC, central bank, digital currency, digital assets