Archive
E-Commerce Boom Propelling Digital Payments Adoption in Southeast Asia
Southeast Asia (SEA) is experiencing exponential growth in digital payments encouraged by a booming e-commerce scene. The region is now home to some of the world’s largest online marketplaces in some of the fastest-growing economies like Indonesia, Malaysia, Singapore, and
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Top 5 Fintech Whitepapers to Keep You Future-Ready
The digital payments market in Asia-Pacific is expected to more than triple to US$67.42 billion by 2028, according to a recent estimate. That’s a healthy growth of 21.1 percent CAGR from US$17.85 billion in 2021, fuelled by customers’ familiarity with doing
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Brankas and CRIF Launch a Credit Scoring System for Borrowers With No Credit History
Southeast Asian open finance platform Brankas and credit solutions provider CRIF have launched the New Evaluation Open Suite (N.E.O.S), a credit scoring system which analyses alternative data sources. Under the partnership, Brankas will enable the collection of bank statement and
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Leverage in Forex Cent Account for Beginners
For those just starting out in forex trading, leverage can be a confusing concept. That’s why we decided to explain what leverage is, and how it works in a cent account forex so that you can use it safely to
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Standard Chartered Names James Lye as New Global Head of International Banking
Standard Chartered announced the appointment of veteran banker James Lye as Global Head, International Banking, effective 1 November 2022. In this newly created role, James will lead the Group International Banking team and drive focused execution to drive the bank’s
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Vietnamese BNPL Firm Fundiin Secures US$5 Million Series A
Vietnamese Buy Now, Pay Later (BNPL) firm Fundiin announced that it has secured US$5 million in a Series A funding round that was co-led by Trihill Capital and ThinkZone Ventures. Additional investors who had joined the financing round include 1982
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South East Asia Leaps Beyond Open Banking
The core tenets of open banking are users’ financial data stored in banks are shared with third-party applications with the users’ consent. This gives users more options and the power to make their money work more. Instead of traditionally going
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Visa Direct Connects With Thunes to Expand Its Reach to Nearly 7 Billion Endpoints
Visa announced that it has partnered with global payments company Thunes to help individuals and small businesses move money internationally across 44 countries and territories in Asia, Africa, and Latin America. This collaboration adds a cross-border send-to-wallet capability to the
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Could Decentralized Finance (DeFi) Redefine Banking in South East Asia?
Decentralized finance – often called “DeFi” – is a hot topic in the cryptocurrency world, with billions of dollars’ worth of value locked into various protocols and platforms. At its core, the decentralized finance movement aims to upend the decades-old
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Passwords Still the Most-Used Authentication Method Which Is Proving to Be Costly
A study by the FIDO Alliance revealed that global password usage has dropped, yet passwords are still the most-used authentication method and they are proving costly to service providers. The second annual Online Authentication Barometer gathers insights into the state
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