Tag: Fintech

Only 30% of Asia-Pacific banks confident about their tech infrastructure for instant payments report_11zon
Only 30% of Asia-Pacific banks confident about their tech infrastructure for instant payments: report
Singapore – The latest study from Capgemini Research Institute revealed that only 30% of banks in Asia Pacific are confident about having a strong tech infrastructure for instant payments, indicating their ‘’underpreparedness’ for the shift.In the study, consumers in the region still prefer digital...
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New circular from PH’s central bank to address concerns on electronic fund transfers
New circular from PH’s central bank to address concerns on electronic fund transfers
Manila, Philippines – A new circular from the Bangko Sentral ng Pilipinas was issued for banks and other financial institutions recently in an effort to address consumer concerns related to electronic fund transfers. According to Circular No. 1195, the originating financial institution must inform...
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1_BillEase secures strategic investment from TPG’s The Rise Fund
BillEase secures strategic investment from TPG’s The Rise Fund
Philippines – BillEase, a PH-based digital consumer finance platform, has announced that TPG’s The Rise Fund has recently embarked on a strategic investment in the company. This move enables TPG’s The Rise Fund to spearhead the firm’s Series C equity round, with existing investor Burda Principal Investment...
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Payment services group NETS names Jeremy Soo as new chairman, following three-year rotation_11zon
Payment services group NETS names Jeremy Soo as new chairman, following three-year rotation
Singapore – Payment services group Network for Electronic Transfers (NETS) has recently welcomed Jeremy Soo as its new chairman, starting September 1, 2024. This strategic appointment enables Soo to assume the role of Susan Hwee, who served in the same position since September 1, 2021.Taking on this...
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PH fintech sector to reach nearly 80% adoption rate by year-end_11zon
PH fintech sector to reach nearly 80% adoption rate by year-end
Manila, Philippines – As the Philippines increasingly embrace technology, a recent analysis by consumer finance company Digido found that the adoption rate in the financial technology sector is anticipated to achieve about 79.5%, equating to 66.4 million users by the end of the year.This figure represents...
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1_Bank Negara Malaysia, PayNet to advance scam reporting in Malaysia with launch of national fraud portal_11zon
Bank Negara Malaysia, PayNet to advance scam reporting in Malaysia with launch of national fraud portal
Malaysia – Bank Negara Malaysia, Payments Network Malaysia, and various financial institutions have recently launched a national fraud portal aimed at enhancing collaboration among financial entities.The strategic launch enables the platform to facilitate data-driven evaluations of mule accounts and...
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Mobile FinTech penetration in PH reaches 63%, highest in Southeast Asia_11zon
Mobile fintech penetration in PH reaches 63%, highest in Southeast Asia
Singapore – With the increased adoption of mobile fintech, a recent report by financial services firm UnaFinancial revealed that the Philippines ranks with the highest penetration rate at 63% in the Southeast Asia region, followed by Malaysia at 55%. Other countries in the region, such as Indonesia,...
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GCash welcomes Jay Belardo as new head of technology and operations GRC_11zon
GCash welcomes Jay Belardo as new head of technology and operations GRC
Manila, Philippines – GCash, a Philippine-based mobile payments service firm, has recently named Jay Belardo as the new head of technology and operations for GRC. Belardo shared this milestone in a recent LinkedIn post, stating his new leadership role at the company.Taking on this position, Belardo...
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2.1_ADVANCE
ADVANCE.AI announces enhancements to KYB verification service, streamlines business due diligence in SG, MY
Singapore – Digital identity verification, compliance, and risk management solutions firm ADVANCE.AI has recently announced its newly enhanced business intelligence service, aiming to streamline due diligence in Singapore and Malaysia.The strategic initiative enables the company’s acquired fintech...
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Global FinTech Institute, ICP Hub Singapore collaborate for enhanced financial technology, Web3 sectors_11zon
Global FinTech Institute, ICP Hub Singapore collaborate for enhanced financial technology, Web3 sectors
Singapore – Aiming to advance the fintech and Web3 sectors, the Global FinTech Institute has recently unveiled a partnership with ICP Hub Singapore. This collaboration was formalised through the signing of a memorandum of understanding, highlighting their shared commitment towards innovation, talent...
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Video Title Here: The Indonesian on-ground activation status

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Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.