Digital Bank

The neobank now has 8.49 million customers.

Few manage to break even, and those that do are back by conglomerates.

It has launched a savings account with a customizable pockets feature.

The wholesale bank targets micro, small, and medium enterprises.

Regulatory limits and competition make it unlikely to break into the mainstream until 2026.

Less than one in ten, or only 4%, concentrate their banking activities at the ATM.

Users can get their monthly payroll up to seven days in advance, interest-free.

Vietnam’s banking industry is ripe for disruption with low financial inclusion but high smartphone ownership.

LexisNexis Risk Solutions and Asian Banking & Finance's latest webinar discussed ways on how the most tech-savvy banks are safeguarding their clients' data whilst not compromising services.

UnionDigital will be a wholly-owned subsidiary of the Philippine lender.

Funding and winding down of the pandemic’s impact on the economy will push this market.

As of end-June the banks said that it has over 6.19 million customers.

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

Indonesia is the third market in which LINE Bank is operating.

Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.

Tonik Digital Bank wants to become the first bank brand in the country with “a sense of humor.”