Financial Technology
Bank BRI invests $1m into e-commerce venture Indonesia Mall
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.
AI is top fintech trend of 2019: study
The value of AI in the fintech market is expected to rise four times by end-2024.
Denmark's Saxo Bank establishes joint fintech venture with Chinese auto firm Geely
It will provide financial and regulatory tech solutions to banks and fintechs in China.
How foreign fintechs will buoy Japan's banking sector
They might introduce new business models and solve overcapacity, says a former central bank deputy governor.
400 million wearables could be converted for smart payments push by 2022
Mastercard and Tappy are using token technology to allow payments using accessories.
Singapore crowned as APAC's fintech leader
In APAC, only Singapore and Indian cities made it into the global top ten.
Citibank rolls out one-stop mobile account app
Applications can be completed in a minimum of 10 minutes.
Liquid, Asia United Bank launch cross-border QR payments service
This will enable cross-border transactions between Singapore and the Philippines.
Tribe raises $21.5m to boost market-ready blockchain tech
The firm is focused on expanding its technology and applications by 2020.
Fintech firm Thunes clinches Singapore payments licence
With the new licence, it can now facilitate transactions in its digital membership network.
China to launch industry standards for fintech
The project will have a focus on data security and address weaknesses in the financial sector.
Fintech startup GoBear's two co-founders to step down
This follows the resignation of former CEO Andre Hesselink in 2018.
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HSBC Indonesia won International Retail Bank of the Year - Indonesia for a third straight year, honouring its wealth expertise, digital growth, and innovation.
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