Tag "Mobile Wallets"

Fintech Regulation: New Law to Impact Mobile Wallet Operators in Singapore

Singapore is about to introduce a new law to prevent shadow banking by requiring mobile wallet operators and payments startups to ring-fence deposits so they don’t function as unregulated banks. In an exclusive interview (paywall) with the Business Times, Ravi Menon,

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Top Charts and Tables from UOB State of Fintech in ASEAN Report

The financial services industry in the Association of Southeast Asian Nations (ASEAN) region has seen an increase in fintech adoption fueled by the rapid adoption of technology, supportive regulatory regimes and the large population of financially underserved individuals and businesses,

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BNM Greenlights TNG Digital: Touch ‘n Go and AliPay’s Joint Venture

TNG Digital Sdn Berhad a new entity jointly formed by CIMB Bank’s subsidiarity, Touch ‘n Go and Alipay has received green light from Bank Negara Malaysia. The new entity will consist of Touch ‘n Go’ as the majority shareholder and

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