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A List of Digital Banks in Asia

Fintech News

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

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Finovate Global Netherlands: Investing in Digital Banking and Innovating with AI

Finovate

Netherlands-based digital banking platform Plumery secured $3.3 “Our commitment to product excellence and expansion into key markets (are) central to our roadmap, and this funding will propel us even further,” Plumery Founder and CEO Ben Goldin said. million in funding this week.

AI 64
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How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

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Concerns Over Financial Inclusion Gap in Rural Areas Amid More Bank Closures

The Fintech Times

Lloyds Banking Group is shutting down its mobile van banking service this year and closing 123 branches, sparking concern over reduced access to essential financial services, particularly in rural and underserved areas. is unhappy with Lloyds’ decision to stop its mobile van banking service.

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Unveiling Vietnam’s Most Reputable Fintech Companies

Fintech News

A new report by Reputa, an online reputation monitoring system provided by Viettel, Vietnam’s state-owned telecommunications giant, offers an analysis of the country’s fintech sector and provides rankings of the most reputable fintech companies in Vietnam based on their online reputation and reach.

FinTech 106
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Finovate Global Canada: Embedded Finance, Open Banking, and Helping Newcomers Access Credit

Finovate

In a statement, the company indicated it will use the funding to fuel growth and accelerate product development. ” Founded in 2023, Nmbr simplifies complex financial products like payroll. . ” Founded in 2023, Nmbr simplifies complex financial products like payroll.

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Forrester Report: The Future of APAC Payments

Fintech News

Today, the firm has several hundred AI models in production that power over 100 products. In China, for example, biometric payments are already widely used, with services like Alipay offering facial recognition for payments since 2015. For example, Visa has been using AI-based technology for risk and fraud management since 1993.

APACS 108