Archive

SGD 1.3 Million Were Loaded in DBS’ QR Ang Baos This Chinese New Year

DBS Qr Ang Baos launched on the 25 January, was a twist to an old tradition, it provide users with the ability to ‘load’ their desired cash values onto unique QR codes and hand them out as ang baos. The novel

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UOB Joins in the Wave of Digital-Only Banks With the Launch of TMRW in Thailand

The year 2019 seems to be the year when the banks jump into the digital only bank bandwagon, with CIMB announcing the launch of its digital-only bank in both Philippines and Vietnam. UOB is the latest to join the fray,

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With Britain Done, Can Revolut Convince Asians to Try Neo-Banks?

Founded in 2015, Revolut is one of Britain’s fastest-growing fintech players, now valued at US$1.7 billion, serving its Apple-levels cult following of 2.8 million users across 28 markets in Europe. Revolut claim to fame is a payments card that offers

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Ripple Backs Philippine-Focused Remittance Firm SendFriend in $1.7M Funding

SendFriend, a Philippine-focused remittance market startup, has raised up to US$1.7 million capital in a venture round backed by blockchain giant Ripple also known as the cryptocurrency XRP. Other leading investors include the MIT Lab, Mastercard Foundation, Barclays, Techstars, Mahindra

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UnPAY, Tencent Research Institute Released Whitepaper on Indonesia’s Payment Market

UnPAY and Tencent Research Institute have jointly published a whitepaper (in Chinese) on Indonesia’s payment market. This whitepaper focuses on hotspots and key issues of the payment system in Indonesia and is the second of its “Venturing Out” series. It aims

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Singapore Banks Beat Hong Kong Counterparts In Digital Transformation

Singapore banks are beating their Hong Kong counterparts in terms of digital transformation, according to a research by labor market intelligence startup JobTech which analyzed the state of digitalization in banks in both locations based on their hiring activities in

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UnionBank Sets Up Bitcoin ATM in Manila

Bitcoin machines are on the rise worldwide. Currently, these devices are in 76 countries and now the Philippines have been added to the list. In the capital Manila, the first Bitcoin ATM was set up by UnionBank and Philippine’s central

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Cryptomining Malware: A Growing Epidemic

Cryptocurrency malware isn’t a new term in the recent past. Cryptojacking has ballooned in popularity among cybercriminals since last year, despite a bearish market. Cryptomining malware or cryptojacking is hidden software that infects victims’ devices with JavaScript code, harnessing their

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Top 10 Insurtech Leaders in Asia

Who are the top InsurTech leaders in Asia? Insurtech Asia Association evaluated 215 candidates for a combination of impact, influence and potential. 2019 is shaping to be an amazing year for InsurTech in Asia and the following 10 outstanding individuals are

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