LINE BK, the first social banking platform in Thailand, has exceeded two million users within four months from its launch in October 2020. LINE BK registered strong growth in the number of new users, transaction volume, and loan applications.
Michele Ferrario, co-founder and CEO of StashAway, a Singapore-based digital wealth management fintech, shared how the company is differentiating itself, its recent growth and key challenges faced
Songtsen “Sonny” Gyalzur, founder of the Shangri-La Highland Craft Brewery, spoke with Emmanuel Daniel about his journey from a privileged young man to a social entrepreneur.
The use of digital wallets has accelerated amid the pandemic and exceeded cash-based transactions for in-store payments for the first time, according to the 2021 Global Payments Report released by Worldpay from FIS
‘Blank cheque’ companies are attracting billions of dollars from retail investors and hedge funds in search of capital gains and access to private market returns. These special purpose acquisition corporations promise firms a simpler, cheaper and alternative path to a public listing. This article explains the rise of ‘blank cheque’ corporations and the caveats that investors should carefully examine
Thailand’s Bank of Ayudhya (Krungsri) is set to join Security Bank to infuse $62 million in fresh capital for the expansion of its consumer finance subsidiary, SB Finance.
Market development, operational challenges, and payment preferences are going to shape consumer engagement with the new instant payment platform
HSBC Holdings is looking to focus capital from its underperforming businesses in Europe and the United States and invest $6 billion in Asia over a period of five years
Kelvin Teo, group CEO of Funding Societies, shares key challenges faced during the pandemic and the initiatives needed to address growing credit risks
ASEAN member countries have taken steps to advance cross-border interoperability of standardised quick response (QR) code for payments and introduce innovative real-time remittances, in order to achieve cross-border real-time retail payments in the region by 2025
China Construction Bank has identified green and sustainable finance as a foundation of its long-term development. Its chairman and executive director, Tian Guoli, outlines the bank’s strategies, initiatives and achievements in this important pillar of growth and proposes the important changes that have to be made to embed the concept in all aspects of the financial services industry
OCBC Bank’s digitalisation efforts helped deliver uninterrupted service to customers during COVID-19. It also provided various relief measures to help customers and supported communities through financial donations and job creation
Mastercard and Island Pay launched a prepaid card which allows users to transact using the Central Bank of The Bahamas issued digital currency - Sand dollar, and exchange it for Bahamian dollar in any shop that accepts Mastercard
Governments and regulators worldwide are taking measures to address the negative environmental impact of Bitcoin mining.
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