Financial Technology

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...

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.

Inside Hong Leong Bank's digitalisation journey

The lender has set aside as much as 20% of its FY19 operating expenses on tech.

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.

Standard Chartered floats cross-border payments tracking portal

It is the first bank to launch a public platform for payments tracking.

Seafarer-focused e-money app MarCoPay obtains licence in the Philippines

The app will use QR codes to help seafarers manage and remit salaries.