Archive

Philippines Mobile Payment Providers Go Into Acceleration Mode

Cashless and contactless transactions in the Philippines are definitely on the rise as mobile payment providers have gone into acceleration mode since October. They continue to tap giant retail groups engaged in various industries including neighborhood variety retail stores or

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Top 5 Fintech News of the Week (CW 14)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also, you can subscribe to our monthly Fintech PH Newsletter here. Here we go:   PH banks required to

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ICICI Bank enables Non Resident Indians to send Money through Social Media

ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of a service that enables Non-Resident Indians (NRIs) to send money to a beneficiary in India using social media like WhatsApp and e-mail. Christened ‘Social Pay’, this first-of-its-kind service

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Vitalik Buterin Founder of Ethereum Arrives in Seoul

Vitalik Buterin, the founder of Ethereum arrived in Seoul to emphasize the need for a more proactive stance on blockchain and cryptocurrency regulation in Korea. This meeting was held a few days before Deconomy. The round-table conference was held by

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Top Fintech Startups That Will Mature Fast in Indonesia

IDC Financial Insights  unveiled a list of fintech companies in Indonesia that are expected to mature faster than others. As the number of fintech startups are at rise in Indonesia, the list of fintech startups announced are based on extensive

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TrueMoney Wins Payment Services License in Vietnam, Launches TrueMoney Wallet

TrueMoney Vietnam, part of Southeast Asian Fintech company Ascend Money, has obtained the Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in e-money, e-payment, wireless transfers, and payment gateways. TrueMoney is processing over

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How Real-Time Payments Can Support Financial Inclusion

In developing countries, digital banking platforms and real-time payments have been driving financial inclusion, providing the underbanked and financially excluded with affordable and convenient financial services, according to a new report by Vocalink, a Mastercard payments company. The report, titled

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27 Non-Bank Organizations Licensed To Provide Payment Services In Vietnam: The Complete List

In December 2014, the State Bank of Vietnam (SBV) issued the Circular No. 39/2014/TT-NHNN which sets a series of rules banks and non-bank organizations in Vietnam must follow in order to be permitted to offer intermediary payment services such as

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Top 100 Financial Inclusion Companies, IFC Report

Through innovative business models, products and use of cutting-edge technologies such as artificial intelligence (AI), Big Data, digital identity and the Internet-of-Things (IoT), fintech companies are making significant progress in promoting financial inclusion, according to a new report co-authored by

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