Tag "Fintech"

New Report Emphasizes Importance of Fintech in Improving Financial Inclusion

Fintech has the potential to dramatically improve financial inclusion, according to a report by the Brookings Institution, an American research group. Incumbents, new entrants, government agencies and policymakers must collaborate in order to harness the full potential of fintech. The

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50 Disrupting Fintech Facts About Mobile Wallets & Payments – An Infographic

“Mobile Wallets are the future.” In a lot of places, the future is already here. This is especially true in developing countries where smartphones are offering users their first taste of the internet. But there’s so much more to it

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Startups set for Success after Completing The FinLab’s 100-day Accelerator Programme

The FinLab is set to see more success following the graduation of eight promising financial technology (FinTech) startups from its 100-day accelerator programme this month. The FinLab, an innovation accelerator joint venture between United Overseas Bank (UOB) and SGInnovate, provides

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Fintegration by OCBC Bank: Artificial Intelligence Solutions with 2 Fintechs to Fight Money Laundering

OCBC Bank has piloted two Fintech solutions to enhance its competency in fighting money laundering and terrorism financing. The two Fintech companies involved – BlackSwan Technologies and Silent Eight – were part of the second Fintech Accelerator Programme run by

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Top 5 Fintech Philippines News of the Week

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Here we go:   Fintech In The Philippines: What The Banks Are Doing? Fintech companies, which are playing an increasingly important role in the Philippines’

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Digital Payments: Cash Still King in Vietnam

Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. “Vietnamese, including the unbanked, have already used their mobile for many activities in their everyday life, but

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How are FinTech based enterprises bringing about a ‘Positive Disruption’ in Singapore?

FinTech, also known as Financial Technology, is a portmanteau of financial technology which englobes a better user interface for financial services and products. The concept of FinTech goes back to 1950 when conventional banking transactions were getting replaced by technological

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Fintech In The Philippines: What The Banks Are Doing?

Fintech companies, which are playing an increasingly important role in the Philippines’ financial services landscape, are to complement the products and services offered by banks, opening up growth areas to lenders to expand market reach. At the BankTech Asia Manila

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How Fintech Companies Can Help Indonesian Banks

With a population of over 250 million, consistent economic growth and high mobile phone penetration, Indonesia has emerged as one of Southeast Asia’s most promising markets for fintech disruption. The World Economic Forum predicts that by 2020, Indonesia will become

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InsurTech Is Disrupting Insurance Forever – Will There Still Be a Place for Human Financial Advisors?

Wave after wave of technological disruption has hit us in recent years and it looks like the insurance industry is next in line. Insurtech is the new tradename for an aggressively growing group of apps, software’s, and startups reinventing a

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