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Fintech News Taiwan Fintech News in Taiwan

The move enables real-time payouts in New Taiwan Dollars (TWD) and United States Dollars (USD) to individual and busines...
20/02/2025

The move enables real-time payouts in New Taiwan Dollars (TWD) and United States Dollars (USD) to individual and business bank accounts at all major banks in Taiwan.

Read here: https://fintechnews.sg/108030/payments/thunes-taiwan/

Thunes, a global payments company specialising in cross-border transactions, has expanded its Direct Global Network to Taiwan.

Taiwan aims to retain 10% of its digital nomads, adding that this would boost domestic tourism and the economy, NDC Mini...
04/10/2024

Taiwan aims to retain 10% of its digital nomads, adding that this would boost domestic tourism and the economy, NDC Minister Paul Liu said.

Taiwan’s National Development Council (NDC) will introduce a new digital nomad scheme, allowing remote workers from overseas to stay up to six months while continuing their professional activities remotely, NDC Minister Paul Liu said on July 18, 2024. This initiative aims to attract global talent ...

Here are some of Taiwan’s most successful and fastest-growing fintech startups in 2024, highlighting their value proposi...
10/09/2024

Here are some of Taiwan’s most successful and fastest-growing fintech startups in 2024, highlighting their value propositions and recent achievements.

-with 將來銀行 NEXT BANK LINE Bank 連線銀行

In this overview, we spotlight some of Taiwan’s most successful and fastest-growing fintech startups in 2024, highlighting their value propositions and recent achievements.

The proposed digital nomad visa scheme will offer an initial three-month stay, extendable for an additional three months...
23/08/2024

The proposed digital nomad visa scheme will offer an initial three-month stay, extendable for an additional three months.

Taiwan’s National Development Council (NDC) will introduce a new digital nomad scheme, allowing remote workers from overseas to stay up to six months while continuing their professional activities remotely, NDC Minister Paul Liu said on July 18, 2024. This initiative aims to attract global talent ...

Samsung Wallet will be rolled out in eight new markets, including Singapore, Malaysia, India, Hong Kong, Taiwan, Austral...
31/01/2023

Samsung Wallet will be rolled out in eight new markets, including Singapore, Malaysia, India, Hong Kong, Taiwan, Australia, Brazil, and Canada

Samsung Wallet will be rolled out in Singapore, Malaysia, India, Hong Kong, Taiwan, Australia, Brazil, and Canada.

Backed by Chunghwa Telecom, Next Bank has gone live on Temenos’ core banking platform.
09/01/2023

Backed by Chunghwa Telecom, Next Bank has gone live on Temenos’ core banking platform.

Temenos announced that Next Bank has gone live on Temenos core banking platform, opening to customers during 2022.

Taiwan's new digital banks a suffering heavy losses of over $70 million dollar-with Kapronasia LINE Bank 連線銀行 Rakuten 將來...
03/10/2022

Taiwan's new digital banks a suffering heavy losses of over $70 million dollar

-with Kapronasia LINE Bank 連線銀行 Rakuten 將來銀行 NEXT BANK FICO

Despite showing potential to address market needs and foster innovation in the banking sector, Taiwan’s new digital banks still have a long road ahead to reach profitability amid a saturated retail banking market and limitations in the services they are allowed to offer.

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says
26/07/2022

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

The financial regulator of Taiwan has asked banks not to allow the use of cards for payments in transactions involving cryptocurrencies.

XREX has chosen to set up in Lithuania to make its entry into Europe
24/05/2022

XREX has chosen to set up in Lithuania to make its entry into Europe

XREX, a Taiwanese blockchain Fintech company, has chosen Lithuania as its entry point to the EU market.

LINE said that plans are underway for a launch in Japan in the near future -with LINE Bank 連線銀行
20/04/2022

LINE said that plans are underway for a launch in Japan in the near future

-with LINE Bank 連線銀行

LINE Bank Taiwan announced that it has already exceeded 1.1 million customers in the first year of its operations.

Taiwan has already approved 3 virtual banks-with KryptoGO BiiLabs StartupBlink DBS LINE株式会社 樂天市場 Rakuten Taiwan
16/04/2021

Taiwan has already approved 3 virtual banks

-with KryptoGO BiiLabs StartupBlink DBS LINE株式会社 樂天市場 Rakuten Taiwan

Taiwan’s booming startup ecosystem and recent fintech developments could be hinting at further growth in the local fintech sector.

LINE also has plans to expand banking services into other countries, including Japan and Indonesia this year
05/02/2021

LINE also has plans to expand banking services into other countries, including Japan and Indonesia this year

LINE Bank announced that it has been granted an operational license by Taiwan Financial Supervisory Commission to launch a virtual bank.

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