Report: FinTech Slow to Take Off in Japan
FinTech is growing in Japan, but, unlike the rest of Asia, it’s doing so at a much slower pace. With the Asian market tapping into the industry, Japan is establishing itself as a late adopter, falling significantly behind. According to a report from Brink News, in 2014 Japanese FinTech investments amounted to only 0.4 percent; however, while that figure doubled in 2015, the total amount was just $142 million. And yet, while FinTech is certainly growing in the country, it appears the reason it hasn’t taken off so quickly is due to a strong bank-branch culture. The Data Market has found that....
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Central Bank of Laos Joins Race to Develop Digital Fiat
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