Financial Technology
Coronavirus triggers switch to contactless payments in APAC
Health concerns made contactless payments more favourable to consumers.
Coronavirus triggers switch to contactless payments in APAC
Health concerns made contactless payments more favourable to consumers.
Chart of the Week: India's fintech investments grew 19.1% in 2015-2019
In 2019, local firms raised $5.1b in total from 154 deals.
Singapore regulator injects $125m to support finance firms
It will support workforce training, operations and access to digital tools.
Chart of the Week: Pandemic spurs digital payment take-up in Singapore
Electronic payments are expected to take up 61% of transactions by 2023.
Chart of the Week: Data & analytics firms clinched 34.4% of Singapore's fintech deals since 2015
Local fintech companies raised more than $9.2b across 389 deals during this period.
DBS floats digital relief solutions for COVID-hit F&B businesses
Businesses will be able to establish an online presence within three business days.
Revolut brings Apple Pay to Singapore
Users can add their cards to Apple Pay using the Revolut app.
TransferWise partners with Alipay
The platform will grant instant money transfers to China in 17 currencies.
Wirecard to process GrabPay transactions for MSMEs
It will also expand GrabPay to more merchants.
South Asians, SEA preferred repeat online loans in 2019
69% of Vietnamese had a single loan, but only 31% had repeat loans.
Ant Financial buys minority stake in Swedish fintech Klarna
The stake was acquired for an undisclosed amount.
Tech-Driven Investment Strategy and Research Management Systems: Global Trends and Initiatives in Japan
New technologies are accelerating the modernization of investment strategies and decision-making in capital markets.
Mastercard to lead Indonesian fintech Digiasia's Series B funding
Digiasia offers digital financial services to individuals and MSMEs.
BEYOND partners with OneConnect to create digital banking services in Singapore
OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.
India's share of cash payments will lower to 54.1% by 2023
The government has waived merchant fees on payments through RuPay.
Check out Hong Kong's top fintech deals from 2015-2019
Online brokerage firm Futu Holdings raised $145.5m, the largest deal since 2015.
Hong Kong records $2.92b in fintech investments for 2019
WeLab $1.21b funding round was the largest fintech deal for the year.
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1. Public Bank's LPI Capital purchase may boost earnings, ROE 2. Airwallex Capital launches Airwallex Yield for asset management 3. Citi, Mastercard launch global cross-border payments 4. Why Philippine banks, insurers embrace hyper-personalized services 5. Hong Kong to rename ‘virtual banks’ to ‘digital banks’Resource Center
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Why Philippine banks, insurers embrace hyper-personalized services
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