From our offices across the region, we provide clients with the key insight and research they need to understand the market trends and challenges. Our research reports are used by numerous clients across the globe to make better business decisions about their Asia strategy.
We work closely with clients to better understand their business challenges and find lasting and value creating solutions. We have worked with some of the financial industry's largest players to help them re-define their business and drive growth.
According to a report filed by a leading business daily in India, the Securities and Exchange Board of India (SEBI) has abandoned proposed regulations for the Indian crowd-funding industry. This is clearly a big boost for the fintech industry and in particular the P2P lending industry in India.
Blockchain technology has become one of the hottest topics in China Fintech. So when Ant Finance, the most valuable tech unicorn company in the world, announced they were working on a blockchain-based solution for the charity space, it captured lots of attention - but what is behind the move?
Assessing SME (Small and Medium Enterprise) credit has always been a difficult problem for banks and other financial institutions because lack of credit rating and reporting platforms. Last week, Sesame Credit announced the launch of their own credit checking and rating system for SMEs. They named it “Ling’Zhi” - which means “smart sesame” in Chinese. This new system may be the start of solving the SME credit issue and open up new funding channels to SMEs themselves.
At Lendit’s China conference in Shanghai this week, Kapronasia learned that Chinese digital payments giant Alipay is close to rolling out its new facial recognition software to the public. The lender – whose payments system holds about 48 percent of China’s online payments market share last year – has already made the feature available for employees, and plans to open it up to the public in the next few months, according to a source from Ant Financial. To pay with a selfie, Alipay users use a camera installed on the online payments platform to take a picture of themselves and the platform uses biometric methods to verify their identity. Ant Financial, which runs Alipay, is an affiliate of Hangzhou-based Alibaba Group Holdings.
The Reserve Bank of India (RBI) has formed an inter-regulatory working group to address the regulatory issues relating to fintech and digital banking in the country. This is a welcome step in the right direction, in line with recommendations by Kapronasia in its recent report titled: ‘Fintech Regulation in Asia’.
China is pushing its card industry towards tokenization as it seeks to make digital payments more secure on the Mainland. Banks and payment service providers (PSP) are required to use tokenization to process transaction data by the end of this year, according to Chinese business publication National Business Daily, citing a notice from China’s central bank.