Archive
Right Choice Capital Group Expands in Philippines; Acquires Local Rural Bank
Right Choice Capital Pte Ltd (Singapore) is continuing to execute its rapid business expansion strategy in the Philippines & Singapore markets with the addition of a licensed bank to its growing group of bank & financial services businesses. The company
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How World Bank’s US$ 250m Investment Will Fuel Indonesia’s Digital ID Revolution
The World Bank Group is issuing US$250 million to Indonesia as part of a wide-ranging move to strengthen the country’s digital identity, or ID, systems in what could see sweeping changes to how people can access (and make payments, among
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AIA’s Amplify Health Acquires AI Startup AiDA Technologies
Amplify Health, a healthtech joint venture between AIA Group and Discovery Group, has acquired Singapore-based AI solutions provider AiDA Technologies. AiDA was founded in 2016 by Dr Tan Geok Leng, Dr Shonali Krishnaswamy, and a team of data scientists from
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Kerala Embraces Digital, as India’s Banking Ambitions Grow
Even as India is going about the implementation of 75 fully digital banking branches throughout the country, including making allocations for rural areas in the 2022-2023 budget, Kerala claims it has emerged as the first state in India to go
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Singapore-Based Neobank Inypay Raising Funds Ahead of Mid-2023 Launch
Singapore-based Inypay announced that it will be launching its neobank, which has been in development for over 6 months, in Q2 2023. The key focus of Inypay will be micro-lending, remittances, domestic payments, e-wallets, personalised and communal savings as well
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How Gen-Zs Are Redefining Payments
Southeast Asia’s payment ecosystem is undergoing a profound transformation, fueled by rapid adoption of digital payments, modernization initiatives by governments and a burgeoning consumer base of mobile-first young adults with new habits and expectations, a new blog post by payment
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Fintech in Laos: How Banks Are Leading the Revolution
Fintech in Laos is at a very nascent stage of development, but recent partnerships are seeking to change that by introducing new and innovative fintech solutions. Most of these initiatives are being spearheaded by banking incumbents and financial institutions as
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Bigtechs vs Banks: APAC Consumers’ Trust in Financial Services Shifts
In Asia-Pacific (APAC), banking customers are demanding better online experiences and showing willingness to share their personal data if that means being provided with personalized products and services. Customers are also demonstrating increased trust in bigtech companies to fulfill their
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Thailand’s AIS Ties up With bolttech to Allow Its Customers to Replace Their Devices
Singapore-based insurtech firm bolttech has partnered with Thailand’s mobile network operator AIS to deliver embedded protection services for the recently-launched AIS Care+ programme. The AIS Care+ programme allows customers to switch or replace their smartphones and tablets flexibly for any
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Earned Wage Access Firm wagely Enables In-App Bill Payments
wagely, an Indonesian earned wage access firm, announced that it has enabled a bill payments feature for its users. Employees of wagely’s partners can now top-up Perusahaan Listrik Negara (PLN) electricity tokens and mobile phone balances. They will also be
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