Tag "e-wallet"
Crowded Indonesian Market: 51 Licensed E-Money Providers
Bank Indonesia, the country’s central bank, has issued two new e-money licenses so far this year. These two new additions bring the total number of licensed e-money providers to 51, comprising 14 banks, and 37 non-bank providers, according to data
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Philippines’ Cryptocurrency Enabled Wallet Can Now Accept Western Union Transfers
Blockchain-based financial services company Coins.ph and Western Union have teamed up to allow the fintech startup’s five million customers receive international and domestic money transfers directly into their mobile wallets in the Philippines. The collaboration was announced following news of
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Philippines: Cleaners of Polluted Beaches Get Paid in Cryptos
A pilot project seeking to show transparency in the flow of money via public blockchain was formally launched last week in Manila rewarding cleaners of polluted beaches with the cryptocurrency Ether (ETH). Dubbed “Bounties for the Oceans: Philippines Pilot –
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GrabPay Wallet Expands in the Philippines
As predicted by Fintechnews the Philippines is the next stop in GrabPay’s expansion in South East Asia. Grab and Philippine-based conglomerate SM Investments Corp (SM) signed a strategic partnership in a bid to expand the GrabPay mobile wallet in the
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17 E-Wallets in The Philippines You Should Know
“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined by Philippine-based mobile money service GCash. For the past few years, different companies such as telcos, banks, fintech startups, financial
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Grab to Launch International Wallet-to-Wallet Remittance in 2019
Grab just announced its wallet-to-wallet remittance function slated for a 2019 launch, as part of its Grab Financial arm, and putting the company one step closer towards its dream of becoming an all-encompassing app. Rather than the usual underserved or
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Top 10 Fintech Startups in Philippines 2018
“Nine out of 10 startups fail” is a popular buzz phrase accepted by many as plain and simple truth, while some even say success is 99 per cent failure. For the past few years, Fintech News Network has featured numerous
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“Blood and Sand”: The Moment-of-Truth for Mobile Wallets in Asia
“The Deed of the Dying” Many ‘digital wallet” companies in Asia (ex. China) are finding it hard to demonstrate any meaningful value for the users. Wallet Players have experimented with various business models to monetize, but primary focus thus far has
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FinTech Indonesia Survey On Collaboration And Regulation
In partnership with Asosiasi Fintech Indonesia, Deloitte launched its findings: FinTech Indonesia Survey 2016, on fintech industry landscape in Indonesia, the challenges and ways to address them. The finding indicates that collaboration and strategic partnership are needed for economic growth
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Fintech Vietnam: 6 Vietnamese Fintech Startups to Watch
Vietnam Fintech Startups: We talk a lot about how London and New York are leading the fintech race. But to be fair, fintech is hot just about everywhere. Today, we take a closer look at what Vietnam has got to
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