Digital banking
Southeast Asia’s neobank market to grow 50% in 2021
Southeast Asia’s neobank market to grow 50% in 2021
Funding and winding down of the pandemic’s impact on the economy will push this market.
Internet-only lender K-Bank’s users rise by over 2 million in Q2
As of end-June the banks said that it has over 6.19 million customers.
Grab-Singtel, iFAST apply for Malaysian digital bank license
Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.
Security Bank CEO Sanjiv Vohra on future-proofing a bank amidst a time of upheaval
The CEO of Philippines’ first private bank post-war highlights the importance of a people-centric approach in future-proofing a bank whilst tackling a crisis.
Philippine fintech firm Voyager raises $167m from Tencent, others
The firm has applied for a digital banking license in the country.
Bank Neo Commercial, Arash Digital, Wallyt partner to boost digital payments in Indonesia
The bank will add more digital payment services.
Seven in 10 Singaporeans unsatisfied with generic bank credit offers: study
Almost four-fifths (76%) of Singaporean consumers are not satisfied with generic credit offers from their banks, with 24% willing to offer more information in exchange for better rates or lower fees, a FICO study revealed.
Commentary
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