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In high-tech Japan, cash is still king

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 Insights

22-Aug-19 Once a cashless pioneer, Japan is now lagging behind countries such as Sweden and Korea on electronic payments, because of its aging population, low crime and virtually no counterfeiting. Four out of five purchases are still made with cash. [image: AFP / Toshifumi Kitamura]

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China’s iPayLinks to expand Middle East fintech market

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 Insights

15-Aug-19 China-based cross-border payment services provider, iPayLinks, has announced its plans to enter Middle East fintech market. The firm is aiming to build up a one-stop payment solution for the Middle East cross-border business. [image: TahawalTech]

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TMB-Thanachart Bank's shareholding takes shape in Thailand

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 Insights

08-Aug-19 Dutch bank ING, Thanachart Capital and the Thai Finance Ministry are expected to hold 21%, 20% and 18% respectively in TMB-Thanachart Bank, the new bank born from the consolidation of TMB Bank and Thanachart Bank. Canada's Scotiabank will own 5%. [image: Bangkok Post]

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Chinese VC firm Shenzhen Capital launches USD291 mn healthcare fund

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 Insights

25-Jul-19 China-based venture capital firm Shenzhen Capital Group has launched a USD291 mn healthcare fund, dubbed the Shenzhen Hongtu Healthcare Private Equity Fund, aimed at investing in companies that seek to disrupt the current healthcare pattern in the country. [image: Reuters / Bobby Yip / Deal Street Asia]

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