Financial Technology
Weekly Global News Wrap: Credit Suisse CEO out over spying scandal; Wells Fargo chief reshuffles management
And German online bank N26 exits the UK.
Weekly Global News Wrap: Credit Suisse CEO out over spying scandal; Wells Fargo chief reshuffles management
And German online bank N26 exits the UK.
Mastercard, Dah Sing Bank, BBPOS launch mobile payment app for SMEs
Tap on Phone allows merchants to accept contactless card payments.
A License to Digitise: Embracing a Customer-First Approach in Singapore's Digital Banking Race
Buoyed by trends such as ongoing digitalisation, the use of big data, and the rise in seamless mobile internet connectivity, Southeast Asia’s...
Grab buys Singapore robo-advisory startup Bento
It will be rebranded as GrabInvest to offer cash management solutions.
Can Fintech Firms Afford To Ignore The Importance Of Marketing?
The success of neobanks has raised challenges amongst the fintech industry. Providing a digital alternative to traditional banking, neobanks are...
JCB International, Oceanpayment ink joint merchant acquiring business
The JV will allow Oceanpayment to be JCB’s acquiring partner for cross-border payments.
China's fintech lending to grow 16% between 2017 and 2023
But weak regulations still slip through the cracks.
Asia's first bitcoin asset fund Stack floats in Singapore
The index fund plans to capture $1.01b (US$750m) assets under management within 2020.
China leads global digital payments as market hits $4.7t in 2020
The country is expected to have 49% of the global share by 2023.
China fintech deals clinch 67.1% of Asian fintech investments in 2015-19
15 deals during the period were valued above $1b.
Inside Hong Leong Bank's digitalisation journey
The lender has set aside as much as 20% of its FY19 operating expenses on tech.
ASEAN fintech investments hit $8.9b from 2015-2019
This represents a CAGR of 133.1%.
South Korea and China are Asia's cashless leaders
More than half of Korea’s 1,600 bank branches no longer accept cash deposits or withdrawals.
Bank BRI invests $1m into e-commerce venture Indonesia Mall
Indonesia Mall brings MSMEs online and introduces them to a larger market.
Online financial services rising amongst older Southeast Asians
The Philippines has its largest share of 41 to 60 year old users of online lending services.
Australian fintech firms raise over $2.7b from 2015-2019
Deals over $100m comprised 41.9% of capital raised.
TransferWise launches mobile phone money transfer service in Singapore
Customers with a PayNow profile no longer need to input their bank account number.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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