Tag "open finance"

Indonesia: An Insider’s View into ASEAN’s Fintech Crown Jewel

Indonesia’s fintech industry is entering a new era of growth and maturity, triggered by the COVID-19 pandemic, booming venture funding activity, and a proactive regulatory environment that has committed to fostering innovation to help improve financial inclusion, top executives from

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Big Tech, Super Apps Redefining the Status Quo in APAC’s Banking Space

A major paradigm shift is taking over Asia Pacific’s (APAC) banking sector, driven by a changing regulatory landscape, the onset of open banking, and rising competition from big techs and super apps. By leveraging data and ecosystem partnerships, these new

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Southeast Asia Gears up for Open Finance Movement

Open finance, the next step in the open banking movement that broadens the scope to a wider range of products and services, offers new growth and distribution opportunities for banks, fintechs and other financial services providers. In Southeast Asia, regulators

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Banking-as-a-Service: A Promising Sector in Southeast Asia

In Southeast Asia, banking-as-a-service (BaaS) can help financial institutions reach a greater number of customers and improve financial inclusion. But for BaaS to reach its full potential, the sharing of data is critical, Arvind Swami, director of business development for

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