Mobile Payments
Mobile Payments Rise in Popularity, Reaching Tipping Point in Some Countries, Global Report
On the eve of the third anniversary of the launch of Apple Pay, mobile wallet adoption is on the rise globally and consumers in the U.S. and Europe are catching up with those in fast-growing economies in Asia and Latin
Read More
Asians Airlines and their Digital (Fintech) Experience
Airlines in Asia are expecting to churn a US$7.4 billion profit this year. While regional travel is going strong, the industry is also highly competitive. As a result, some airlines have invested Fintech to improve the online booking experience. Fintechnews.sg
Read More
Payments Council Sets Up Taskforce to Develop Common QR Code for Singapore
Establishing interoperable electronic payments and developing a common QR code for Singapore were two key topics that the Payments Council discussed at its inaugural meeting on 11 August 2017. Establishing interoperable electronic payments The Council noted electronic payments as a
Read More
OCBC Bank Launches Mobile Keyboard to enable Cashless Payment directly from any Mobile App
OCBC Bank has launched a mobile keyboard that allows customers to make peer-to-peer payments without having to exit their current mobile applications. The OCBC Keyboard can be used within any mobile app or browser – for instance, within Facebook, Whatsapp,
Read More
Singapore Government: Exploring E-payments for Hawker Centers and Shops in the Heartlands
The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority of Singapore (MAS) and Smart Nation and Digital Government Office (SNDGO) have jointly issued a Request for Information (RFI) for electronic payment (e-payment) solutions to support micro-payments. Mainly
Read More
Digital Payments: Cash Still King in Vietnam
Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. “Vietnamese, including the unbanked, have already used their mobile for many activities in their everyday life, but
Read More
Simplifying Electronic Payments in Singapore
At Singapore’s recent National Day Rally, Prime Minister Lee Hsien Loong highlighted that while Singapore has the right ingredients to become, what has been dubbed, a ‘Smart Nation,’ there is still much to be done. PM Lee lamented that while
Read More
Grab launches the new GrabRewards, claims SEA’s largest loyalty programme
Grab announced the launch of its new expanded GrabRewards programme. By drawing more than 150 merchants into its ecosystem of rewards partners, Grab confirms its customer base’s appeal to merchants as one of the most popular apps in SEA. With 55
Read More
Grab Plans To Be the #1 Mobile Payments Platform in Southeast Asia
Grab, the leading ride-hailing and logistics services startup in Southeast Asia, is looking to become the top mobile payments platform in the region. In order to “solidify its leadership in digital payments,” the firm has signed in April an agreement
Read More
Fintech in Bangladesh: Nascent but Growing
Bangladesh’s undeveloped financial system, huge unbanked population, and increasing smartphone penetration rate, have fueled the development of innovative digital finance solutions. Home to 160 million people, Bangladesh is the world’s eighth densely populated country and one of the top performing
Read More