Fintech / Payments - 1 week ago
The Payment Services Bill which has recently been passed into law by the Parliament is part of the Monetary Authority of Singapore’s bid to create a regulatory framework that is more conducive for innovation in payment services. This follows t...
Fintech / Payments - 2 weeks ago
KinerjaPay, a digital payment and e-commerce platform, announced that it has received US$200 from PT. Investa Wahana Group, Indonesia, divided into US$100 million in shares of the Company’s Series F and and another US$100 million in shares of t...
Fintech / Payments - 2 weeks ago
Like its ASEAN counterparts, Thailand is pushing for greater of adoption of mobile payments with industry participants, including government agencies, financial institutions and fintech companies, all actively working towards increasing awareness and...
Fintech / Payments - 3 weeks ago
Razer, a lifestyle brand for gamers with a recent foray into fintech, announced its plan for a long-term lease of a new location for its Southeast Asia headquarters based in the technology and media hub of Singapore. The company anticipates moving in...
Fintech / Payments - 1 month ago
Grab, Southeast Asia’s first decacorn valued at more than US$10 billion, began its humble beginnings as a ride-hailing app but has since evolved into one of the region’s “super app,” providing varied services ranging from food delivering, logistics s...
Fintech / Payments - 1 month ago
As one of the most highly banked populations in Southeast Asia (Standing at 96.4% of banked adults at 2014), Singapore presents a unique ecosystem in the same region. This is part of why Singapore is popularly deemed as one of the fintech hubs of Asi...
Fintech / Payments - 1 month ago
Following its entry into Cambodia in 2017, Grab seems likely to bring its e-payment app, GrabPay into Cambodia sometime in 2019 as part of the wallet’s Southeast Asian focus. Cambodia and Myanmar are said to be key considerations for GrabPay...
Fintech / Payments - 1 month ago
Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018. In particular, transactions over mobile apps and digital wallets rose by an impressive 126% and 161%, respectively, according to Department o...
Fintech / Payments - 1 month ago
After Grab’s launch into Myanmar in 2017, the ride-hailing giant intends to follow-up with the expansion of their e-wallet GrabPay, in the ride-hailing giant’s ongoing Southeast Asia takeover strategy. GrabPay is considering Myanmar along...
Fintech / Payments - 1 month ago
Siam Commercial Bank has introduced the Garmin Pay contactless payment solution. This has been done in collaboration with CDG Group, sole distributor of Garmin products in Thailand and MasterCard and Visa. With a virtual SCB MasterCard or Visa credit...
Fintech / Payments - 1 month ago
As predicted by Fintechnews the Philippines is the next stop in GrabPay’s expansion in South East Asia. Grab and Philippine-based conglomerate SM Investments Corp (SM) signed a strategic partnership in a bid to expand the GrabPay mobile wallet...
Fintech / Payments - 1 month ago
“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined by Philippine-based mobile money service GCash. For the past few years, different companies such as telcos, banks, fintech s...
Fintech / Payments - 2 months ago
The Payment Services Bill which was recently submitted for first reading to Parliament is part of the Monetary Authority of Singapore’s bid to create a regulatory framework that is more conducive for innovation in payment services. This follows...
Fintech / Payments - 2 months ago
It appears that Grab is not the only one that is honing in their focus on mobile cross-border remittances, incumbents seems to be unwilling to be left out of the game. UOB announced that they have successfully completed a cross border P2P fund transf...
Fintech / Payments - 2 months ago
Following on the lead of other “super apps,” Zalo has been integrating new functions into its app, including a payment platform called Zalo Pay, which was introduced last year. Launched in 2012, Zalo is Vietnam’s premier chatting platform, with more...