Asia - Next Money

Over half of global population to use digital banking by 2026 as China takes the lead

Just over half of the world’s population will access digital banking services by 2026. This represents a reach of over 4.2 billion digital users, up from 2.5 billion currently. The…

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1 min

ADVANCE.AI makes top Fintech list

Singapore-based ADVANCE.AI has been included in the latest Fintech Power 50 list, an annual UK-based guide to the most influential fintechs and influencers in the global fintech industry. The Fintech…

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3 min

Railsbank raises US$70m

Embedded finance platform Railsbank has just raised US$70m. Railsbank will use the funds to further expand its various Embedded Finance products (Banking as a Service, Cards as a Service, and…

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HolyWally Joins Visa Fintech Partner Connect To Bring its Solution To Visa’s Clients And Partners

2 minute read

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2 min

Asia
News

Fintech class of 2021 graduates

China’s first digital-only bank WeBank has just told the world that its summer enrichment programme on FISCO BCOS Blockchain Experience, held at the Singapore Management University (SMU), is now finished.…

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1 min

Benefit Vantage named as Best JUMPSTARTER – Fintech

Fintech Benefit Vantage has been named as the Best JUMPSTARTER – Fintech, part of the JUMPSTARTER 2021 Global Pitch Competition, the world’s largest online startup pitch contest organized by Alibaba Hong…

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3 min

Indonesian consumers prefer to use digital channels during crisis

Its been revealed that 54% of Indonesian consumers prefer to use digital channels to engage with their bank during financial hardship. A survey was conducted in December 2020 by global analytics software firm FICO…

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3 min

Why is the QR code payment gaining traction in SE Asia?

NextMoney asked Justin Xiao, COO of Railsbank APAC, for a view on the spread of the QR Code throughout SE Asia. This is what he had to say: I get…

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1 min

Fintech boss to acquire airline?

The boss of OCB Life Group, which was a Gold Sponsor for the recent Singapore Fintech Festival 2020, plans to acquire a regional airline. Harry Pham disclosed his plans after…

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4 min

LatticeX comments on OCC’s groundbreaking guidance on stablecoin and cypto-payment networks

With the Singapore Office of the Comptroller of the Currency (OCC) saying on the 4th of January that federally regulated banks can use stablecoins to conduct payments and other activities,…

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