Financial Technology
TaishinPay QR payment now available in South Korea
TaishinPay QR payment now available in South Korea
The Taiwanese digital service also plans to include two-way ATM withdrawal capabilities.
UOB, Keppel to offer sustainable and digital solutions to SEA businesses
The primary objective of these solutions is to assist companies in their endeavours to achieve decarbonisation.
KakaoBank modernises data management system
The mobile-only bank targets to modernise its data management system.
Cambodia's Sathapana Bank incorporates AI for credit risk management
It aims to power its credit risk management with Artificial Intelligence (AI).
Hong Kong’s SFC to allow crypto trading
Final guidelines for crypto investment will become effective starting 1 June 2023.
Indonesian fintech SkorLife raises $4m in seed funding
The funding aims to promote responsible borrowing and fair credit practices in Indonesia.
Australia-based CoinJar lays foot on US grounds
The CEO remains confident despite regulatory risks.
Zubin Rada Krishnan joins BigPay as group CEO
The company plans to launch in Thailand, Indonesia, and the Philippines within the year.
Digital finance platform Funding Societies has disbursed $3b of funding to SMEs
The company offers lending, payments, and collections services.
Global fintech funding down in 2022: S&P
S&P Global expects fintech funding to rebound in 2023
Filipinos spent over 4 million hours using e-wallets in 2022: study
The country’s growing population will push the active user base higher.
Did digital banks fail to disrupt?
Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.
Weekly Global News Wrap: Nomura cuts entertainment budget; crypto bank Silvergate closes down
And Bank of America CEO says he and the bank are “capitalist” as anti-ESG critics gain steam.
Southeast Asian banks’ well-placed to ride fintech’s digital disruption: Moody’s
Supportive regulation, digital investments, and fintechs slowing growth will play to banks’ favor.
Philippines central bank OKs use of international sim for GCash services
The beta launch will be available for 1,000 users in Japan, Australia, and Italy.
Fintechs scale back and fold as funding channels dissipate
The high interest rate, low growth environment has made VCs and private equities more selective on where to invest
Taiwan’s FSC accelerates financial cybersecurity measures with new action plan
Some measures include appointing Chief Information Security Officers.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks