Fintech firms in the Asia - Pacific region are working with established banks and financial institutions to test technologies such as blockchain , artificial intelligence and biometrics , according to a report by LexisNexis Risk Solutions . In Hong Kong , Singapore and Malaysia the active development of technology " sandboxes " has been allowing financial firms to test technology without violating regulations . (Related: The dynamic contrasts with the way fintech firms in Australia position themselves as challengers to incumbent institutions .
Fintech firms in the Asia - Pacific region are working with established banks and financial institutions to test technologies such as blockchain , artificial intelligence and biometrics , according to a report by LexisNexis Risk Solutions . In Hong Kong , Singapore and Malaysia the active development of technology " sandboxes " has been allowing financial firms to test technology without violating regulations . The dynamic contrasts with the way fintech firms in Australia position themselves as challengers to incumbent institutions .