Tag "WeChat Pay"
IMF Shows How Central Banks Can Learn from E-Money for CBDC Success
As emerging technologies converge, the world is steered towards new digital money and payment forms. With over 100 countries exploring the potential of central bank digital currency (CBDC), several central banks have already begun pilot projects or even issued their
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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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Indonesia’s is WeChat Pay and Alipay’s Next Battleground
The mobile payment scene in Indonesia is burgeoning, with research indicating that it will exceed US$ 15 billion by this year. This trend is largely driven by heavy investments into the space by major players like GoPay and OVO, alongside
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All Shops in Changi Airport Will Accept E-Wallet Payments Very Soon
The various merchants in Changi were probably already on their way towards accepting QR wallet payments one way or another, but a recent agreement may help speed up that process. Changi has inked an agreement with a payments platform, Liquid Group,
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PH Fintech Firm Voyager Gets $175m Investment From KKR, Tencent
Global investment firm KKR, and China-based internet services provider Tencent Holdings Ltd separately acquired a substantial minority stake worth $175 million in Philippine-based fintech company Voyager Innovations, marking the largest investment to date in a Philippine technology company. The latest
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Malaysia’s Wallet Wars Rages On: WeChat Pay Secures First Banking Partner
Following Tencent’s recent success in securing E-Money license from Bank Negara Malaysia, the company’s payments arm WeChat Pay has received the green light from Bank Negara Malaysia to partner up with Hong Leong Bank. Similar to Alipay’s game plan, WeChat
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Top 5 Fintech Philippines News of the Week (CW 47)
Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Here we go: WeChat Pay launches in Philippines with Asia United Bank MANILA – Asia United Bank said Wednesday it launched WeChat Pay in
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Malaysia: Chinese Giant’s Battleground for Digital Wallets, Who Will Win?
Geopolitical pressures to out-compete the Americans have driven China to exert its influence in South East Asia. Chief among the beneficiary of this exercise is Malaysia. While many of these government to government initiatives are largely focused on infrastructure projects,
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