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Insights
21-Feb-19 After weathering storms of bad loans and profitability, Axis Bank has set its sights on an insurance business acquisition within a year, according to CEO Amitabh Chaudhry. Peers ICICI and HDFC already have life- and non-life insurance operations. [image: Business Today]
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Insights
21-Feb-19 Hong Kong authorities are preparing to issue digital banking licences to six companies including internet and gaming group Tencent, Ant Financial, the payments business of e-commerce giant Alibaba, smartphone maker Xiaomi and insurer ZhongAn. [image: Bloomberg]
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Insights
20-Feb-19 The UAE insurance market continued its earnings momentum in 2018, posting a second year of bumper profits. Local insurers saw gross written premiums increase by 0.5%, but 2019 will be more challenging as pricing is reduced. [image: Zawya]
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Insights
13-Feb-19 Ripple, a real-time settlement system, currency exchange and remittance network, is extending its Asia and Middle East networks via two Emirates-based remittance businesses, UAE Exchange and Unimoni, that will link with Thailand's Siam Commercial Bank using Ripple’s blockchain-led platform. [image: Ripple]
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Insights
12-Feb-19 Singapore-based artificial intelligence and intelligent automation solutions provider AntWorks has announced a joint venture with Japan's SBI Neo Financial Services, to supply AntWorks' integrated intelligent automation platform to Japan, Korea and China, as well as Southeast Asia markets. [image: Agencia EFE]
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