Malaysia to get first neo-bank by 2020

The bank’s superior understanding of banking technology, as well as Malaysia’s FinTech talent capabilities, will serve as the much-needed catalyst for the nation’s digital economy agenda.

Hong Kong grants first digital banking licences

Lauded as the best thing to happen to HK FinTech in many years; the mix of banks and non-banks will enable the creation of new types of products. Companies that received licences intend to begin operating within nine months.