Archive
OCBC First to Integrate With IRAS to Enable Direct Payment of Taxes
OCBC Bank is the first in Singapore to collaborate with the Inland Revenue Authority of Singapore (IRAS) to enable customers to have a seamless review and payment of their income and property taxes within a single digital platform, according to
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Mambu: Financial Literacy Still a Sticking Point Among Singaporeans
A recent study of 2,000 global consumers by Mambu, a banking and financial services platform, revealed that both banked and unbanked individuals feel underserved, with 56% of banked customers claiming that there are other services they should be able to
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eKYC Firm Jumio Posts Record Quarter With 150% Growth in the Past Year
Jumio, a provider of AI-powered end-to-end identity verification and eKYC solutions, announced that both its sales and revenue grew over 150% in Q2 2021 from Q2 2020. This is evidenced by the large growth seen in financial services, mobile delivery
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Insurtech Zensung Partners ERGO and Munich Re to Roll Out Its Green Insurance Policy
Singapore-based insurtech firm Zensung announced a partnership with insurance firms ERGO and Munich Re to launch green insurance policy ‘Parrot Safe Driver’. Using an Artificial Intelligence (AI) based proprietary platform, delivered through Zensung’s ‘Parrot’ mobile app, they said that this
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Grab Deepens Partnership With Payments Firm Adyen to Expand Its BNPL Offering
Grab has deepened its partnership with payments platform Adyen by enabling more merchants, starting in Singapore and Malaysia, to offer its PayLater service to consumers. Available through the GrabPay wallet, merchants will now be able to offer PayLater payment methods
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Thunes Acquires Paris-Based Limonetik to Expand Its Cross-Border Payments Platform
Cross-border payments firm Thunes has announced the acquisition of its European counterpart Limonetik which is one of the earliest developers of an alternative payment methods platform suitable for international merchants and marketplaces. Similar to Thunes, the firm closely partners with payment
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How Will PayPal and Citi Fare in Australia’s Crowded BNPL Space?
Competition is heating up in Australia’s buy now, pay later (BNPL) market as US digital payments giant PayPal and incumbent bank Citi are entering the \vercrowded space. Just last week, PayPal launched its BNPL service to retailers in Australia, a
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Kyrgyzstan Wakes up to Fintech Potential
Kyrgyzstan’s nascent fintech is getting a boost as the government begins setting the foundations for further development, launching reform plans and key initiatives to bolster digital payments adoption and banking innovation. Over the past few years, the Kyrgyz government has
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10 Major Wealthtech Players in India
The wealthtech sector in India has been experiencing robust growth, thanks to the growing digital adoption and increasing investor interest in the segment. The wealthtech sector in India has over 300 startups focusing on robo-advisory, personal finance management, online brokerages,
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Top 10 Buy Now Pay Later (BNPL) Players in India
The global pandemic brought about a fundamental shift in the way consumers interact with businesses. As lockdowns and movement restrictions were implemented, digital adoption soared at an accelerated speed. People started shopping online for almost everything from food and groceries
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