Top Fintech Vietnam News from August 2017

Fintech Vietnam Meetup is back with another newsletter, September 2017 edition. With the fast pace of the recent developments in Fintech, there are a lot of local and international news that we would like to share with you today.

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Check please out our new sections: Fintech Jobs in Vietnam and Fintech Vietnam Startup of the Month. 

Fintech Vietnam Startup of the Month

MOCA is a mobile wallet that allows users to make online or direct payments securely and conveniently with their Debit/Credit / JCB card. (more)

TOP Fintech Vietnam News

Vietnam Plans to Fully Legalize Cryptocurrencies

Vietnam Goes Cashless

On 21st August, Vietnam Prime Minister has signed the Plan to fully legalize digital assets and cryptocurrencies. (Read more)

Digital Payments: Cash Still King in Vietnam

Mobile Payments in Vietnam

Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. ( Read more )

Fingo Providing range of Financial Products

Why has Fingo decided now is the time to invest in Vietnam? What are your thoughts on Vietnam’s banking and finance sector in recent times? ( Read more)

A few years ago, when startups began using technology to offer financial services to customers at a fraction of the costs charged by banks, Bill Gates’ observation in 1994 that while “banking is essential, banks are not” seemed eerily prescient. ( Read more )

SIHUB và Shinhan Future’s Lab bắt tay hỗ trợ startup Việt

Trung tâm Sáng kiến hỗ trợ đổi mới sáng tạo và khởi nghiệp (SIHUB) và Shinhan Future’s Lab Việt Nam vừa ký kết Biên bản hợp tác (MOU) hỗ trợ phát triển hệ sinh thái khởi nghiệp trong lĩnh vực công nghệ tài chính (Fintech) tại TPHCM. ( Read more )

How Banks And Fintech Startups Redefine Finance

For years, traditional financial institutions have kept their distance from the fintech industry, loath to embrace the trend that is threatening their monopoly over banking, finance, loans, and investment. (Read more)

How Bitcoin is Disrupting Southeast Asia’s Remittance Industry

In 2012, Southeast Asia received almost $48 billion in remittances from migrant workers scattered throughout the globe, according to a 2013 report by the International Fund for Agricultural Development and the World Bank. (Read more)

Fintech Vietnam Jobs of the Month

Selection Credit to 500 Startups Vietnam Job-Newsletter

Top Fintech South East Asia News

What the heck is happening with China, ICOs and Cryptocurrencies?

China bans initial coin offerings calling them ‘illegal fundraising’ – BBC  (Read more)

China Cracks Down on ICO Activity as Blockchain Conferences Cancel

The Chinese government is reportedly cracking down on ICO activity. The policy shift will likely see several token sales in China suspended, at least for the immediate future. (Read more)

The ICO world is full of pump-and-dump schemes — don’t be a victim

An alarming trend has emerged in the blockchain community: Around the world, we’re seeing blockchain “startups” scam people into investing by getting a big name endorsement. (Read more)

CIMB Group banking on Fintech ( Including Vietnam)

ASEAN’S biggest worry right now is not its “lofty” goals of full integration of its capital markets but of being left behind in the Fourth Industrial Revolution, said CIMB Group chairman Datuk Seri Nazir Razak. (Read more)

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Source: Fintech News