Financial Technology

5 Mar 21
PAYFAZZ is also investing US$30m in Xfers.
4 Mar 21
Need for new capabilities to push bank-fintech collaborations in the region.
2 Mar 21
Regulators have set various grace periods for different platforms.
27 Feb 21
Additional schemes could stifle growth of cross-provincial borrowing.
22 Feb 21
Over 70 people will be hired in the country this year.
29 Jan 21
Ride hailing and e-commerce firms are driving the e-payments revolution, eroding banks’ hold.
29 Jan 21
But deal volumes fell as investors backed mature firms, suggesting market may be consolidating.
27 Jan 21
PBOC is still investigating monopolies in the fintech company.
22 Jan 21
The fundraising will likely give the venture a $700m valuation.
21 Jan 21
It coincides with a wider government crackdown on tech giants' financial activities.
20 Jan 21
This is to supplement existing payment options and boost user experience on its Douyin app.
14 Jan 21
They plan to launch products focused on digital banking and financial inclusion.
14 Jan 21
Hanwha Asset Management led the funding.
11 Jan 21
Join Galvanize APAC managing director and finance professionals in the virtual event to be held on 28 January.
11 Jan 21
GCash recorded a gross transaction value of over $20.8b in 2020.
11 Jan 21
Clients who prefer physical notes can pre-order from their respective banks.
11 Jan 21
Non-bank payment services will now have to be at least 15% locally owned.
6 Jan 21
Mastercard has collaborated with fintechs that meet the underserved's financial needs.
5 Jan 21
DPT activities carry higher inherent money laundering and terrorism financing risks.
31 Dec 20
The central has asked Ant to shake up its lending and consumer finance arms.
24 Dec 20
BRI is the first Indonesian bank to partner with Alipay.
14 Dec 20
This allows KBZPay clients to make payments to 2C2P merchants.
10 Dec 20
It will provide custody services for the most-traded cryptocurrency assets such as Bitcoin and Etherium.
9 Dec 20
MatchMove cardholders can add their MatchMove Mastercard to this chip.
8 Dec 20
AI to have biggest impact in financial services, but advisory services will still require human interaction.
8 Dec 20
To cut costs, fintechs instead reduced office space or moved to smaller locations.
4 Dec 20
GUUD will be bolstered by MonetaGo's Secure Financing platform.
2 Dec 20
UOB’s mobile-only bank makes use of personalization to attract Thailand, Indonesia’s tech-savvy generation.
26 Nov 20
They expect around 100,000 loan applications to be approved by 2021.
25 Nov 20
Instapay users can now sign up through a selfie.
24 Nov 20
And Italy's Treasury picks Bank of America, Orrick for struggling lender's privatisation.
20 Nov 20
Piyush Gupta calls the stricter guidelines is “helpful”.
17 Nov 20
The economic downturn has led the new entrants to exercise more prudence.
17 Nov 20
The regulators’ proposed new draft rules may curb rapid growth of online micro-lenders.
17 Nov 20
It could mainly become a payment tool rather than a storage of wealth.
10 Nov 20
And Deutsche Bank to sell IT services division to India's Tata Consultancy.
9 Nov 20
It is probing foreigners and local bank officers with ties to the firm.
4 Nov 20
It will entail assessment and real-time reporting for PayMongo's customers.
3 Nov 20
India, Thailand, Philippines, and Indonesia are expected to lead.