Tag "Digital Payments"
Vietnam Fintech Sector Report: All about Digital and Mobile Payments ?
Vietnam’s fintech industry is poised for growth as Internet and smartphone penetration rates continue to rise and as the government pursues its push for greater digitalization of the economy, according to a new report by consulting firm Solidiance. In 2017,
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How Real-Time Payments Can Support Financial Inclusion
In developing countries, digital banking platforms and real-time payments have been driving financial inclusion, providing the underbanked and financially excluded with affordable and convenient financial services, according to a new report by Vocalink, a Mastercard payments company. The report, titled
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Top Charts and Tables from UOB State of Fintech in ASEAN Report
The financial services industry in the Association of Southeast Asian Nations (ASEAN) region has seen an increase in fintech adoption fueled by the rapid adoption of technology, supportive regulatory regimes and the large population of financially underserved individuals and businesses,
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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
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“Blood and Sand”: The Moment-of-Truth for Mobile Wallets in Asia
“The Deed of the Dying” Many ‘digital wallet” companies in Asia (ex. China) are finding it hard to demonstrate any meaningful value for the users. Wallet Players have experimented with various business models to monetize, but primary focus thus far has
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Vietnam Announces Major Initiative to Become Cashless by 2020
Vietnam’s deputy prime minister Vuong Dinh Hue has signed a policy decision aimed to dramatically reduce cash transactions and improve electronic payment methods by 2020, according to a report by Viet Nam News. The new plan would not only provide
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MatchMove Partners With The Mobile Wallet To Grow in Digital Payments in India and Southeast Asia
The Mobile Wallet (TMW), India’s first payment solution officially announced their partnership with MatchMove, Singapore’s Fintech company and will be integrating MatchMove’s award-winning Wallet OS into the TMW app. This will allow TMW to further boost its functionality and usability
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