Financial Technology

Zubin Rada Krishnan joins BigPay as group CEO

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.

What’s in store for crypto’s future after the FTX debacle

Asian Banking & Finance spoke with industry experts and crypto leaders to learn how the exchange's bankruptcy affected the industry.

Fintechs pivotal to achieve $275t capital needed for successful sustainable transition: study

From 2026 until 2050, $9.2t a year in capital spending is needed to achieve net zero goals.

Intent vs ability: Why lending models must be revised to foster financial inclusion

Current mechanisms leave out SMEs and MSMEs from accessing much-needed credit.

Singapore named one of top countries with most fintech unicorns

The Lion City ranked ninth and named amongst the world’s fintech capitals.

Hong Kong banks offer up to 30% salary raise amidst talent crunch

Talents for in-demand roles can clinch salary increments as high as 30%.

BNPL regulations toughen debt prevention and financial literacy in APAC

The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.