Tag "Fintech"

Fintech in Bangladesh: Nascent but Growing

Bangladesh’s undeveloped financial system, huge unbanked population, and increasing smartphone penetration rate, have fueled the development of innovative digital finance solutions. Home to 160 million people, Bangladesh is the world’s eighth densely populated country and one of the top performing

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Why Indonesia needs Fintech?

Southeast Asia’s largest economy would rather use fintech platforms for their financial needs rather than the country’s more well-established banking institutions with regulations being proposed to safeguard investors and borrowers alike, Indonesia’s fintech industry is set to expand even further.

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OCBC Bank makes PayNow even more seamless by enabling account-to-account QR code transfers

By innovatively marrying QR codes with PayNow’s infrastructure, OCBC Bank has delivered a new level of convenience to funds transfers. PayNow did away with the need to know bank account numbers and “adding payees” when making funds transfers. The OCBC

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The Promise of Fintech in Vietnam. A Culture of Cash

In 2002, according to Plastic Money, there were only nine foreign-operated ATMs (ANZ, HSBC, and Citibank) in the entire country with 79 locally-operated ATMs (all State-owned banks) and slightly more than 5,000 point-of-sale (POS) terminals across Vietnam. Between 2011-2015, the State

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7 Singapore FinTech Startups on Instagram

It’s probably not the first social media platform you would think of when it comes to FinTech startups, but Instagram is becoming an important place to be seen. So, let’s just get right to the point here without wasting any

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Finance & Technology in ASEAN countries, Quid Novi? – Part 2

It all started with a bit of curiosity, a taste for adventure and a well known perpetual need for challenges … After several e-mails exchanged with local start-ups, a “Due-Diligence” at the height of my capacities but also a certain

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Finance & Technology In ASEAN Countries, Quid Novi? – Part 1

Currently based in Switzerland at the Institute of Financial Services of Zug, I write this article in two sections in order to present the personal vision that I was able to develop from local and foreign FinTech companies. Strongly motivated,

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Green Finance And How Fintech Can Enable Sustainable Development

In 2015, the United Nations’ 195 member countries adopted their Sustainable Development Goals (SDGs) and committed to the global transition from the fossil-fueled industrial era to low-carbon, knowledge-richer, green economies. But this change depends in part on a reset of

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Fintech News SG Roundup: Singaporean Startups Raise Money, New Incubation Program, and More

Home to over 200 banks whose total assets are estimated to be worth over S$2 trillion, Singapore is a leading international financial center and a serious contender for the global number one spot in fintech. Government support for fintech is

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Banks, Fintechs Gear Up for Myanmar’s Digital Revolution

As Myanmar undergoes a digital revolution, international banks and foreign investors are perceiving the country’s large pool of unbanked as a still untapped opportunity. The latest move comes from the National Bank of Canada which became a strategic shareholder in

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