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Fintech Mainstream Adoption To Be Driven By Emerging Markets
Over the past 18 months, adoption of fintech solutions has surged globally with now 33% of digitally active consumers across 20 markets using such products and services compared with 16% in 2015, according to EY’s latest EY Fintech Adoption Index.
Read MoreBlockchain in Singapore, How Singapore is integrating Blockchain into everyday life
Singapore is big on blockchain, amid the city state’s Smart Nation push. It is running through a slew of blockchain initiatives to make Singapore the blockchain hub of the world. Leading higher education institution Ngee Ann Polytechnic announced in May
Read MoreIOTA and Quantum Resistant Ledger: Two Innovative DLT/Blockchain Projects
The blockchain market is growing rapidly and is set to surge from US$210.2 million in 2016 to US$2.312 billion by 2021, at a CAGR of 61.5%, according to report by Research and Markets. Blockchain, the underlying technology that originated in
Read MoreHow the world can learn from Indonesia’s microfinance scene
Microfinance disasters have made the news in recent years and the industry has drawn some flak for being unregulated. Indonesia has had relative success. What lessons can we draw from them? Stories of microloan borrowers in impoverished parts of India
Read MoreOCBC 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
Read More11 Recent Fintech Fundings in Singapore, Hong Kong, India and other Southeast Asia countries
In 2016, a total of US$23.5 billion was invested into fintech globally, with Asia Pacific receiving more than half of the amount (US$14.8 billion), according to Startupbootcamp. While China and India continue to dominate the region as the largest fintech
Read MoreThe 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
Read MoreGlobal Payment Summit Coming to Singapore; Last Chance to Nominate Your Startup for Florin Awards
The Global Payment Summit, organized by the Transactives, will take place in Singapore on August 28 and 29, 2017 at the Sofitel Singapore Sentosa Resort and Spa. The two-day event aims to act as a platform where global expertise of
Read MoreICOs in Singapore: an Overview
Initial coin offerings (ICOs), or token sales, are becoming an increasingly popular method for blockchain and cryptocurrency startups from around the world to raise funding. In the past year, ICOs have raised over a billion dollars for early stage startups.
Read MoreHow Regulators can help Fintech?
The Asia Securities Industry & Financial Markets Association (ASIFMA) has formulated a set of ten best practices to guide regulators in Asia as they seek to support the development of Fintech to better serve consumers, businesses and investors. Fintech is
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