VFF Newsletter - July 2022 - I Edition

VFF is back!?VFF FinTech Forum 2022 is the Third Edition of our Flagship event. This will be a one-day hybrid conference that will bring together Thought Leaders, Fintech Experts, Financial Services CXOs and Fintech Startups to provide insights and discuss the core themes of Fintech for Industry 4.0 and WealthConnect and Fintech & ESG.

VFF FinTech Forum 2022 is an affiliated event of the?StartmeupHK Festival 2022.?StartmeupHK is an initiative by InvestHK aimed at helping founders of innovative and scalable startups from overseas to set up or expand in Hong Kong.?

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Come and watch the panel on?"Key Drivers for scaling of WealthConnect" from?GBA WealthTech Forum 2022?on January 2022?now!

Speakers include:

• Jame DiBiasio, Founder - DigFin Group
• King Leung, Head of Fintech - Invest Hong Kong
• Irene Lee, Director, Compliance & Operational Risk Control - UBS AG
• Kelvin Lei, CEO & Co-Founder - AQUMON

If you missed the panel on?"Institutional Adoption of Digital Assets: Expectations for 2022"?from?GBA WealthTech Forum 2022?on January 2022, this is your chance to review the discussion.

Speakers include:

• Musheer Ahmed, Founder & Managing Director - FinStep Asia
• Lucy Gazmararian, Founder & Managing Partner - Token Bay Capital
• Yifan He, Chief Executive Officer - Red Date Technology
• Dr. Oriol Caudevilla, FinTech Advisor and Researcher, Head of Market Intelligence - BTSE
• Lisa Zhong, Head of Financial Products and Solutions - Huobi Technology Holdings Limited

AROUND THE GLOBE

• AI in FinTech Industry Analysis By The Business Research Company??Read more>>?
• Neobanking: It’s now JP Morgan vs Goldman Sachs vs Fintech??Read more>>
• Apple Fights Big Tech Reg Over App Payments??Read more>>
• US investor Franklin Templeton opens inaugural Asian fintech incubator in SG??Read more>>
• EU agrees on landmark regulation to clean up crypto 'Wild West'??Read more>>
• MoneyGram Launches Global Crypto-To-Cash Service in Canada and the U.S.??Read more>>
• Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet??Read more>>

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INDIA

• Fintech: India's UPI is beating blockchain in the payments game??Read more>>
• Banks are rethinking partnerships with credit-card based fintech firms??Read more>>
• A Look at India’s Grand Vision to be a Global Payments Powerhouse??Read more>>
• RBI: Financial system must be guarded against fintech risks??Read more>>
• Google backs Indian fintech startup’s $40m series C round??Read more>>
• IIT Madras Research Park grooms fintech firms catering to the under banked??Read more>>
• RBI, Indian Banks to Pilot Blockchain Trade Financing: Report??Read more>>

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MAINLAND CHINA

• China Approves Plan for ‘Healthy’ Development of Fintech Sector??Read more>>
• Mobile Payments in China Grow over 200-fold in Space of a Decade??Read more>>
• China’s payments, fintech sectors to ‘play bigger role’ in boosting economy, President Xi says, in positive signal for Big Tech??Read more>>
• China’s Cross-border Renminbi Payments System Saw over 75% Increase in Sums Processed in 2021??Read more>>
• China’s Artificial Intelligence Sector Nears USD$60 Billion in Scale: MIIT??Read more>>
• Blockchain Sector Sees Boom in China Despite Cryptocurrency Ban??Read more>>

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HONG KONG SAR

• How Far Has Hong Kong Progressed in Its Green Finance Push???Read more>>
• HKMA, Bank of Israel, and BIS Hong Kong to Pilot Study on Retail CBDCs??Read more>>
• Currenxie Is Now a Part of Amazon’s Payment Service Provider Programme??Read more>>
• HKMA Takes Stock of Banks’ Fintech Adoption Rate to Push Digitisation Efforts??Read more>>
• Samsung Asset Management launches first blockchain-focused ETF in Hong Kong as technology grows beyond cryptocurrencies??Read more>>
• Hong Kong Monetary Authority Calls for Regulation of Cryptocurrencies??Read more>>

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SINGAPORE

• SG fintech firm launches cross-border payments for Visa accounts??Read more>>
• Singapore’s Funding Societies acquires local payments firm CardUp??Read more>>
• Singapore neobank launches in-app travel insurance??Read more>>
• DPM: Singapore and Switzerland to Deepen Ties to Break New Grounds in Fintech??Read more>>
• Singlife With Aviva Backs Local SMEs’ Digitisation With Grab, Google, Razer Fintech??Read more>>
• Singapore-based neobanking firm bags $270m in series C money??Read more>>
• Singapore’s central bank says cryptocurrencies have ‘no fundamental value’??Read more>>

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SOUTHEAST ASIA

• Asia seeks to adopt ecommerce and embedded finance to boost innovation??Read more>>
• Indonesian Insurtech Rey Assurance Secures US$4.2 Million Seed Funding??Read more>>
• Demand for Sustainable Finance on the Rise in APAC??Read more>>
• Indonesian conglomerate set to pour $259m into WeLab-backed digibank??Read more>>
• Y Combinator-backed personal finance app bags $3m in seed money??Read more>>
• The nuts-and-Bolttech of insurtech in SEA??Read more>>
• Ikea taps 2C2P for Southeast Asia payments??Read more>>

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MENA REGION

• BNPL Emerges as New Favorite Payment Option in MENA-Pakistan??Read more>>
• UAE Proptech Huspy Raises $37 Million in Series A??Read more>>
• MENA’s Demand for Payment Hubs Rises as Open Banking Fuels Cross-Border Flows??Read more>>
• CoinMENA joins Visa’s Fintech fast track program??Read more>>
• Rain partners with Bahrain Fintech Bay to unlock opportunities??Read more>>
• CWallet and Microsoft Qatar partner to bring the latest fintech services to organizations through Azure??Read more>>
• Mastercard strengthens leadership team to accelerate growth across MENA??Read more>>

If you are interested in Bespoke Event Solution, contact us.

FinStep Asia?offers enhanced thought leadership and marketing content development on FinTech, Blockchain, and Financial Services across Asia by bridging content consumers with thoroughly vetted content writers. We work with top content writers to craft thoughtful and effective content tailored for all kinds of purposes while keeping the aim of enabling our clients to achieve their marketing goals and accelerate their business success to new levels.

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BigTech and the changing structure of financial intermediation

Published by:??BIS

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Tech Baseline Assessment— Key Observations and Way Forward

Published by:??Hong Kong Monetary Authority (HKMA)

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Second consultation on the prudential treatment of cryptoasset exposures

Published by:??BIS

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Using CBDCs across borders: lessons from practical experiments

Published by:??BIS

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The future monetary system

Published by:??BIS

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Decentralized Autonomous Organizations: Beyond the Hype

Published by:??World Economic Forum

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