Financial Technology

National Australia Bank, Banked eyes boosting A2A payment adoption

Their tech enables Australian merchants to send PayTo Agreements to customers.
1 hour ago

National Australia Bank, Banked eyes boosting A2A payment adoption

Their tech enables Australian merchants to send PayTo Agreements to customers.
1 hour ago

Why tech is not the focal point of banks’ digital transformations

About 70% of digital transformations fail, an industry expert warned.
1 day ago

Alipay’s labor day outbound travel transactions up 77% in 2024

East Asia and Southeast Asia were the most preferred destinations.
2 days ago

Super apps tailor features for youth, small businesses

Customization and security drive engagement and trust.
4 days ago

Centralised AI models propel financial institutions' success

Financial sectors see major benefits from centralised AI strategies, though future shifts are anticipated.

BaaS providers revenues to more than double by 2028

The BaaS space has generated $36.4b in revenue as of 2024.

Why tokenization and funding are two key issues for financial disruptors in 2024

HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.

Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high

Funding to crypto firms more than tripled compared to Q4 2023.

StanChart’s SC Ventures and NEXT176 unveil Shariah-compliant wealth platform

It will merge SC Ventures’ Autumn with NEXT176’s 22seven into one new platform.

UPI propels India’s mobile wallet payments to $6.5t by 2028

In February 2024, $221.5b in value was paid across 12.1 billion UPI transactions.

Ant Group raises transaction limits in China for foreign users 

Ten partner wallets can now enjoy the increased limits.

Thailand publishes rules for virtual bank license applications

Applications begin on 20 March until 19 September 2024.

New rules, price caps to push more mergers amongst Indonesia’s P2P lenders

The regulations will raise compliance costs, but price caps will make it hard to offset them.

Number of fintechs in SEA to double by 2027

Singapore will have 867 fintechs for every 1 million people, UnaFinancial said.