Excess of ATMs hampers Taiwan’s bid to go cashless

TAIPEI (Taiwan News) — Former premier and Appacus Foundation Chairman Sean Chen (陳沖) wants to revisit Taiwan’s policy on automated teller machines (ATMs), as he believes they are a hurdle ...

UK-Taiwan hold annual trade talks in London

The United Kingdom and Taiwan held the 22nd round of UK-Taiwan trade talks in London Tuesday, discussing possible cooperation in the fields of agriculture, energy and pharmaceutical industries, the Br...

Taiwan News interviews outgoing Israeli envoy

TAIPEI (Taiwan News) -- The Israeli envoy to Taiwan, Asher Yarden, has been serving as the chief of the Israel Economic and Cultural Office (ISECO) in Taipei since summer of 2015. After four years of ...

Taiwan, France ink fintech agreement

TAIPEI (Taiwan News) – Taiwan and France are forging closer ties, especially in the field of financial technology, after the two sides inked an agreement last week. The accord was signed by t...

Bank of Japan denies plans on issuance of digital currency

TAIPEI (Taiwan News) – Deputy Governor of the Bank of Japan (BOJ) Masayoshi Amamiya (雨宮正佳) said during a conference on Friday (June 5) that the BOJ would not issue digital currency in the near f...

Philippines showcases 11 startups at Taiwan technology trade show

The Philippines' representative office in Taiwan on Wednesday showcased 11 cutting edge and innovative startups representing the Philippine start-up community at InnoVEX 2019, the startup-focused ...

Taiwan to send EU delegation for talks about digital economy

TAIPEI (Taiwan News) — Minister of the National Development Council (NDC) Chen Mei-ling (陳美伶) will lead a cross-ministry delegation to Europe in early June to discuss the digital economy with Eu...

Fiserv buys First Data for $22B, creating fintech giant

NEW YORK (AP) — Fiserv is buying First Data in a $22 billion all-stock deal, creating a giant player in the payments and financial technology sector. First Data shareholders will rec...

Convenience stores for remitting wages likely in April: FSC head

Taipei, Dec. 28 (CNA) A new channel through which migrant workers can remit their wages directly back to their homes via Taiwanese convenience stores is likely to be launched in April, according to Fi...

Millennial Money: Playing catch-up with credit cards

Millennials would rather swipe right than swipe plastic. They love to pay their brunch tabs with cash. Debt scares them so much they don't care about credit card rewards. The generat...

Taiwan hopes to become fintech hub: Wellington Koo

TAIPEI (Taiwan News) – Wellington Koo (顧立雄), Chairperson of the Financial Supervisory Commission, said he hopes Taiwan can become a financial technology (fintech) experiment and innovation hub, ...

Upcoming Events in Taipei, Nov. 30 to Dec. 9

TAIPEI (Taiwan News) – As November comes to a close and December begins, the social scene and entertainment in Taipei remain as vibrant as ever. Here is a list of some unique events worth checki...

TDCC releases update to e-passbook app featuring cloud backup, notifications

TAIPEI (Taiwan News) - Taiwan Depository & Clearing Corporation (TDCC) released an update to its e-passbook app on Monday, adding four main features including notification, cloud data backup, data...

Cherry Pay in trouble: Taiwan's potential fintech unicorn trapped in banking laws

TAIPEI (Taiwan News) -- One year ago, a Taiwanese fintech startup clinched a top award from Singapore among 300 contestants from around the world, but it has recently been forced to temporarily halt s...

Pocket money apps aim to help kids in cashless world

LONDON (AP) — For kids growing up in today's cashless society, the piggy bank is going virtual. Father of two Roland Hall turned to a British startup's digital pocket money app becau...