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Singtel’s Dash to Enable In-App Taxi Booking from ComfortDelGro Soon
Singtel announced a strategic partnership with ComfortDelGro Taxi to enable in app taxi booking within Singtel’s Dash App. Through this partnership, Singtel’s Dash user will be able to procure services from ComfortDelGro’s 12,000 strong taxi fleet. According to its Head
Read MoreLINE’s Partnership with VISA Might See the Duo Introducing Crypto Payments Soon
Japanese internet giant LINE announced that its fintech unit LINE Pay has inked a partnership with VISA, which will see both parties provide financial services for their collective user bases of millions of consumer and merchants worldwide. This development seems
Read MoreTemasek and Tencent to Invest US$35 Million in TrueLayer
Tencent and Temasek is set to invest US$ 35 Million in UK-based open banking startup True Layer’s US$40 Million Series B round. This fresh round of funding brings the startup’s total funding to US$ 51.8 Million, according to Crunchbase. Temasek’s
Read MoreVisa Launches New All-In-One Payments Platform with a Consortium of Major Players
Today, a consortium of major companies have launched b.yond, a financial innovation platform that will let banks and consumer-facing businesses rapidly deploy a range of innovative fintech payment services. The consortium consists of Visa, Global Processing Services, Pannovate, Cornercard, Modulr,
Read MoreIndonesia’s Central Bank Governor Unveils 5 Key Payments Initiative
Bank Indonesia Governor, Perry Warjiyo recently unveiled “Indonesia’s Payment System 2025 Vision” a strategic framework consisting of 5 key initiatives to future proof Indonesia’s payments ecosystem for a digital future. According to a press statement issued by the central bank,
Read MorePhilippine Based Crypto Startup PDAX Receives Funding Boost from BitMEX
Philippines Digital Asset Exchange (PDAX), a locally based cryptocurrency exchange platform recently received an undisclosed sum of funding from BitMEX Ventures. This news follows a recent investment by Consensys into PDAX. According to BitMEX co-founder and CEO Arthur Hayes, they
Read MorePhilippines’ Digital Lenders Pledge to Weed Out Predatory Behaviour
Members of the FinTech Alliance.ph have agreed to adopt a code of conduct for responsible online lending. This was after 48 online lenders have been cited for alleged unethical collection practices leading to data privacy violation. Over 400 harassment complaints
Read MoreBukalapak’s Fintech Could Outgrow its E-Commerce, Said Co-Founder
One cannot talk about startups in Indonesia without bringing up Bukalapak, arguably one of the biggest e-commerce platforms in the nation. Bukalapak has graduated from its startup roots and gained the coveted title of Indonesian unicorn. They are now in the
Read More8 Hottest Proptech Players in Asia
With US$7.8 billion invested globally in the property technology (proptech) industry between 2013 and 2017, the sector is no doubt rapidly growing, especially in the Asia-Pacific (APAC) region where proptech companies attracted more than half of that amount (US$4.8 billion),
Read MoreRCBC Waiting on Regulator Approval for Its Stablecoin on IBM’s Blockchain
RCBC Bank is currently awaiting regulatory approval to issue its own Philippine Peso-backed cryptocurrency on the newly announced IBM Blockchain World Wire, a real-time global payments network created for regulated financial institutions. RCBC Bank sees this as an opportunity to
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