Archive

A Guide to Payment Regulations Across Asia Pacific

ASEAN Plus Group (APG), a group of law firms in Asia, has released a comprehensive guide to payment services regulations in Asia Pacific (APAC). The document, maps the latest state-of-play in the payments space in some of ASEAN’s biggest markets

Read More

Credit Suisse-Backed Tradeplus24 Partners in Australia for SME Loan Offering

Credit Suisse-backed and SME focused fintech Tradeplus24, has joined the Australian Finance Group’s panel of finance providers to offer its loan product. AFG is an Australian mortgage broking group, with 2,975 finance brokers that work with close to 7,500 Australians

Read More

CEO of xpate Is Confident That Simplicity and a Great UX Will Shape the Future of Payments

Handling online payments is an ongoing challenge for any entrepreneur or business. There are dozens of options to explore, yet the industry lacks a universal solution. Too Many Options An IT firm, edtech startup or other forms of business growing

Read More

Banks Must Gear Up for Upcoming Data-Intensive Era, Experts Say

Changing customer expectations, the rise of big techs, and COVID-19 are accelerating banks’ digital transformation, forcing them to upgrade their infrastructure to meet the requirements of the data-intensive era, experts said. At the Huawei APAC FSI Data Storage Summit virtual

Read More

DBS, Fave and Singtel Partners to Offer More Cashback to Their Customers

Fave, a fintech platform providing QR payments to restaurants and retailers, has announced a collaboration with DBS Bank and Singtel Dash to offer Singaporeans “more secure digital payment options”. DBS PayLah! and Singtel Dash users can transact digitally via the

Read More

Finastra Upgrades VPBank’s Legacy Core Banking System For Treasury Operations

Finastra has helped VPBank separate its treasury operations from its legacy core banking system with its Fusion Kondor and Fusion Risk solutions. Delivered through Finastra’s Fusion Adopt implementation program, this move to a modern system will enable the bank to

Read More

Visa Harnesses AI to Reduce Transaction Declines by up to 50%

Visa announced its Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorisations when service disruptions occur. Using deep learning to analyse past transactions, Smarter STIP generates informed decisions

Read More

Nearly 1.5M Underbanked Filipinos Onboarded With RCBC’s DiskarTech App

With over 2 million mobile app downloads in two months, Rizal Commercial Banking Corporation (RCBC) has pushed for digital adoption, recording more than 1.43 million new accounts onboarded digitally during the lockdown. An estimated 610,000 DiskarTech basic deposit account holders

Read More

South East Asia Leads Fintech Funding in Asia Pacific

Investments in fintech companies in Asia-Pacific grew 9.1% to US$1.4 billion in the second quarter of 2020 when compared with the first quarter, according to the Q2 APAC Fintech Funding Report by S&P Global Market Intelligence.  Deal activity remained flat

Read More