Mobile Payments
Apple Pay Now Available to American Express Customers in Singapore
American Express is first in Singapore to bring its customers Apple Pay™ which is transforming mobile payments with an easy, secure way to pay that’s fast and convenient. American Express Card Members of Innovation, Convenience and Secure “American Express is
Read More
Fintech in Vietnam: Mobile Payment Space Ripe for Rapid Growth
The mobile payment space in Vietnam is ripe for exponential growth and there are three main factors supporting the trend: the relatively young population (42.1% are under 25 years old), the rate of smartphone penetration surpassing 50%, and the majority
Read More
Customers Willing to Shift to Mobile Money for International Transfers
Mobile international money transfer services have significant potential to gain traction and market share as 92% of consumers are willing to ditch traditional money transmitter services for a mobile method, according to a new survey. Entitled ‘Mobile Financial Services Consumer
Read More
Digital Wallets Increasing in Popularity in APAC, Singapore As Top 3 Adopters
Consumers in Asia Pacific (APAC) are embracing digital wallets as one in five users (19.5%) in the region say they are using these new mobile technologies, citing more convenience when shopping online. This represents an increase of 9.7% from two
Read More
Fintech Vietnam Boom Starts: Vietnamese Fintech Startup Raises US$28M From Goldman Sachs and Standard Chartered
Standard Chartered Private Equity (SCPE) and Goldman Sachs have respectively invested US$25 million and US$3 million in M_Service, a Vietnamese fintech startup and the operator of mobile digital wallet MoMo. The deal marks the second publicly disclosed investment in M_Service by
Read More
11% of Millennials are Making Purchases from their Smartphone Daily / Security Concerns vs Banking
Millennials have never known anything but new technologies, changing technologies, adjustment and adaptation. Born between the early 1980s to the early 2000s, this generation wants to do everything on their mobile devices, a trend that had the influence to be
Read More
Drastic Shifts in Behavior is Boosting Mobile Banking in Southeast Asia
Digital banking has become a serious business trend as Asian consumers are becoming more and more comfortable with using mobile and Internet channels for banking services. According to a report from McKinsey, the use of mobile and Internet channels for
Read More
Tagcash: Social Media, Payments and Loyalty Programs Combined into One Platform
UK native entrepreneur is looking to provide a solution for micropayments in Southeast Asia, starting with the Philippines. With Tagcash Ltd. Inc., founder and president Mark Vernon is offering a platform and ecosystem that combines social media and payment functionalities.
Read More
The Growing & Untapped Myanmar Mobile Payment Market
Myanmar is an untapped and growing market that has surprisingly quick uptake of mobile phones which opened the door for mobile payment. We explain how Myanmar’s mobile payment system works from behind the scenes and for the ordinary citizen. There are 4
Read More
BitGold: Save in Gold, Spend with a Debit Card
With the global economy increasingly showing signs of weakness, more people are considering gold as a safe haven. Thankfully, with platforms such as BullionVault and Bitgold now available, gold is no longer a reserve of the rich and literally anyone
Read More