E-wallets
Samsung Wallet Begins Roll Out in Singapore and 7 Other Markets
Samsung Wallet will be rolled out in eight new markets, including Singapore, Malaysia, India, Hong Kong, Taiwan, Australia, Brazil, and Canada starting at the end of January. The wallet is a platform that enables Galaxy users to organise digital keys,
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Top 5 Most Popular Financial Super Apps in Asia
In Asia and elsewhere, financial super apps (also known as fintech super apps) are mobile applications that offer a wide range of financial services, including banking, investment, and insurance. These apps have gained popularity in recent years due to their
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Google Wallet Lands in Vietnam, Thailand and Malaysia
Google Wallet has now been extended to three additional Southeast Asian countries – Vietnam, Thailand and Malaysia – making it available in 57 countries total. In Vietnam, the feature is currently only supported for Visa cardholders while Mastercard will be
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Reuben Lai Is the Latest in a Series of High Profile Exits for Grab’s Fintech Business
GXS Bank (GXS)’s executive director and Head of Regional Office, Reuben Lai, has decided to leave the Bank at the end of 2022. Along with his resignation as an executive director, Reuben will be stepping down from his appointment as
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Superapp Grab Promotes Suthen Paradatheth to Group CTO
Southeast Asian superapp Grab announced that it has promoted Suthen Thomas Paradatheth to Group Chief Technology Officer (GCTO), effective 1 October 2022. Suthen will be responsible for driving Grab’s technology vision, strategy and execution across its deliveries, mobility, and financial
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Google Wallet Is Now Available in Singapore as a Standalone App
Google Wallet is now available as a standalone app for the Singaporean users as a complementary experience to Google Pay. This digital wallet for Android and Wear OS standardises the way users save and access essential items such as vaccine
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GrabFin Rolls Out Investment Product Earn+ for Its Singapore Users
Southeast Asian fintech platform Grab Financial Group (GFG) announced that it will be launching Earn+, an investment product for its Singapore-based Grab users. GFG also revealed that it will be launching GrabFin, a new brand that offers Grab users a
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BNPL Predicted to Be Singapore’s Fastest Growing Online Payment Method by 2025
In Singapore, alternative payment methods including buy now, pay later (BNPL) arrangements and digital wallets, are surging in popularity. By 2025, fintech software provider FIS projects that these payment methods will make up half of online payments, with BNPL forecasted
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Indonesia’s GoTo Set to Raise up to US$1.1 Billion With IPO
Indonesia’s GoTo Group announced its plan to carry out an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). The IPO is expected to raise proceeds of at least IDR 15.2 trillion (US$1.1 billion) plus an additional IDR 2.3
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Digital Financial Services Picks Up Steam in Cambodia
Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in place to limit the spread of the virus. Rising usage
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