This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In H1 2024, fintech startups in Asia raised a total of US$2.4 Despite current funding challenges, fintech experts and industry observers are still optimistic about the region’s long-term growth prospects, driven by factors such as a young population, a large consumer base, and supportive government initiatives.
This predicament is particularly acute for fintech firms in the Asia-Pacific (APAC) region, where the fintech sector is rapidly expanding. The Evolving Fraud Landscape APAC has seen a significant uptick in corporate data breaches, profoundly impacting fintech companies. million in 2021.
In Asia-Pacific (APAC), the financial landscape is evolving rapidly amid technological advancements, changing customer expectations and the rise of fintech. This vibrant ecosystem is demanding finance and fintech professionals to stay updated with the latest trends and innovations.
This addition of Bangkok marks it as the third city to host the event, following Amsterdam and Las Vegas, which annually attracts over 20,000 professionals from the fintech and financial services sectors. Bhukkanasut will discuss the challenges of balancing regulatory compliance with the need for innovation in fintech.
Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 At the same time, industry stakeholders showed interest in AI, with both investors and corporates looking for ways to leverage AI-generated content within fintech use cases, especially in marketing and customer engagement functions.
It’s a tale of a cultural shift, governments and innovators working in tandem, and millions leapfrogging traditional banking to embrace a mobile-first approach to finance. The APAC digital wallet phenomenon The meteoric rise of digital wallets in APAC is no accident. This isn’t merely a story of technological adoption.
In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. A new analysis by Forrester explores this dynamic ecosystem, highlighting the key trends and innovations that are reshaping the payment landscape.
Broadridge Financial Solutions has named David Runacres as President of its Asia-Pacific (APAC) operations. Mike Sleightholme “David brings over three decades of experience in the APAC region and a proven track record of delivering exceptional results for clients and leading teams. said David Runacres. said David Runacres.
In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). These trailblazers are elevating the industry, demonstrating resilience and leadership in the ever-evolving fintech landscape.
The fintech landscape in the Asia Pacific (APAC) region has been evolving at a remarkable pace, with start-ups and established companies redefining how financial services are delivered and consumed. Today, we will explore five top fintech trends in the APAC region for 2024, supported by statistics and insightful information.
In just over a decade, Nubank has amassed upwards of 100 million customers across the region, becoming the largest fintech company in Latin America. As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking.
The move comes as part of Tribe’s strategic expansion into the Asia-Pacific (APAC) region, signalling its ongoing commitment to delivering world-class digital payment solutions across global markets. To lead its efforts in this dynamic region, Tribe has appointed payments industry veteran Matt Weir as General Manager – Asia Pacific.
Ingenico, a payment acceptance and services provider, has appointed Anushka Weeratunga as its Regional Managing Director for the APAC region and a member of its Executive Committee. The post Anushka Weeratunga Promoted to Lead Ingenico’s APAC Operations appeared first on Fintech Singapore.
With the backing of 13 fintech industry leaders from 11 economies, the programme aims to bolster MSMEs’ efforts in aligning with the United Nations Sustainable Development Goals by enhancing their sustainability practices through digital platforms.
A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. The APAC region led this trend, contributing nearly two-thirds of global spending, with a combined US$9.8
In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits.
In the Asia-Pacific (APAC) region, the economic growth narrative is interwoven with technological innovation, propelling the B2B payments market into new realms of possibility. Amidst the APAC region’s rapid economic ascent and the explosion of digital commerce, cross-border payment practices have noticed an evolution.
Webull, a digital investment platform, has reported a 100% year-over-year growth in assets under management in the APAC region as of 31 July 2024. and APAC markets. and APAC markets. and APAC markets. The company attributes its growth to its accessible trading tools and wide range of investment options across U.S.
The collaboration will focus on issuing virtual cards within the Asia Pacific (APAC) region, aimed at facilitating payments for travel intermediaries such as hotels and airlines. APAC, in particular, is projected to reach a market size of US$480 billion due to rapid growth, according to a recent report by Thredd. trillion by 2027.
Cloud-native core banking platform 10x Banking has announced the appointment of Will Dale as Regional Vice President for the APAC region. He will be based in Singapore, where he will oversee the expansion of 10x Banking’s operations across APAC.
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon.
Australia-founded global payments platform, Airwallex , has today announced the appointment of Andrew Balint as VP, Marketing, APAC (ex-China). Balint will report to Arnold Chan, General Manager, APAC and work alongside a world-class marketing team headed by Jon Stona, VP Global Marketing. Balint is based in Sydney.
Ingenico , the global leader in payment acceptance and services, is pleased to announce the appointment of Anushka Weeratunga as its Regional Managing Director in APAC and a member of the Executive Committee, effective immediately.
Tribe Payments , a leading digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, has joined the Singapore FinTech Association (SFA). This milestone that builds on Tribes October 2024 expansion into Asia-Pacific (APAC) , marked by the opening of its Singapore office.
The Huawei Digital and Intelligent APAC Congress , co-hosted by Huawei and the ASEAN Foundation, recently concluded in Bangkok, drawing over 2,000 participants from 15 Asia Pacific nations. This includes the Huawei Network Summit, Innovative Data Infrastructure Forum , Global Optical Summit, and Huawei Cloud Stack Summit.
Yuno , the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. SheueChee is actively involved in community-based initiatives across the APAC region and is also a recipient of Money2020’s prestigious RiseUp leadership program.
A new report by CMSPI, an American payment consultancy, produced in collaboration with Amazon, explores payment trends and regulations in Asia-Pacific (APAC), focusing on the impact of rising card fees on merchants and the regulatory responses to these challenges. billion transactions in 2023, representing a year-over-year growth of 42.2%.
The Singapore Fintech Festival (SFF) has announced the finalists for its 2024 Fintech Excellence Awards, organised in partnership with the Singapore Fintech Association (SFA) and supported by PwC Singapore. Napier AI designs and engineers technological innovation to make a measurable difference in driving down financial crime.
Tenity, an innovation ecosystem specialising in early-stage fintech startups, is inviting applications for the ninth batch of its accelerator programme in Singapore. Running from March to June 2025, the Tenity ‘s accelerator programme provides startups with access to Singapore’s fintech ecosystem and the wider APAC market.
Morgan, and Standard Chartered, focuses on financial innovation. Featured image credit: Edited from Freepik The post Ex-Partior Exec Atul Bhuchar Joins SMBC to Lead APAC Transaction Banking appeared first on Fintech Singapore. Partior, a blockchain venture backed by Temasek, DBS, J.P.
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). Digital transformation in APAC This digital acceleration suggests a future where AI and automation streamline operations and unlock new avenues for innovation and growth.
Launched at the Singapore Fintech Festival 2024 , this initiative builds on Mastercard’s successful rollout of biometric authentication in India earlier this year. said Sandeep Malhotra, Executive Vice President, Products & Innovation, Asia Pacific, Mastercard.
Asia-Pacific (APAC) is home to one of the world’s fastest-growing fintech ecosystems in the world, featuring prominent players such as China’s Ant Group, India’s Paytm, and Australia’s Airwallex. This vibrant ecosystem includes over 40 fintech unicorns, highlighting the region’s significant role in the global fintech landscape.
The Synergy Lounge introduces an integrated approach, the Hex-I concept, which includes six stages from ignition to implementation, to drive innovation. Enterprises globally are invited to the lounge to collaborate on joint solutions, test prototypes, and validate proofs of value, aiming to stimulate innovation across a range of sectors.
Tribe Payments , the digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, has become the latest fintech to join the Singapore FinTech Association. We believe that Tribes innovation with its modular issuer and acquirer processing solutions will thrive in the region through Singapore.”
Sumsub, a global full-cycle verification platform, announced that it has officially become a member of the Singapore Fintech Association (SFA). Penny Chai “Joining the Singapore Fintech Association marks an exciting milestone for us. The firm had set up its regional headquarters in Singapore in July this year. and payments.
The event, scheduled for 23-25 April in Bangkok, Thailand, will highlight innovative applications of Gen AI designed to improve efficiency and customer service in the banking, financial services, and insurance (BFSI) sectors. said Dipen Mehta, Head of BFSI, APAC. Visit SoftServe at Booth #1009 during Money20/20 Asia.
additiv , a Swiss-based fintech firm specialising in embedded finance solutions, has opened a new office in Jakarta, Indonesia, as part of its Asia-Pacific expansion. We look forward to working closely with local financial institutions to deliver innovative digital solutions that meet the evolving needs of Indonesian consumers and businesses.
Money20/20, a prominent fintech show, will be holding its first Thai edition in Bangkok this year, coming to the Queen Sirikit National Convention Center from April 23 to 25, 2024 for a multiple event centered around the future of finance. These themes will be celebrated through four stages featuring speakers from 15 APAC countries.
In the burgeoning world of fintech, talent acquisition and strategic hires play a critical role in setting the stage for future growth and stability. Wise ramps up Singapore presence Global fintech firm Wise has expanded its Singapore office and announced key leadership hires, the company said in March.
Southeast Asias fintech industry is flourishing, driven by soaring adoption of digital payments, alternative lending, and wealthtech. It notes that while COVID-19 accelerated the digital shift, Asia-Pacific (APAC) still face significant financial inclusion challenges with 820 million unbanked and 1.8 billion underbanked adults.
Niklas Wiberg expressed support for Vilja’s initiative and highlighting the importance of promoting innovation that drives economic growth and financial inclusion. Additionally, Vilja took the lead in a new initiative announced by MDEC and the Fintech Association of Malaysia (FAOM). This article first appeared on fintechnews.my
The event is expected to bring together leading regulators, fintech executives, banks, and industry disruptors from across the Asia-Pacific region to discuss trends and innovations shaping the financial sector, with a focus on real-world case studies and actionable strategies. Yet, its potential is far from being fully realised.
Despite high-interest rates, plunging fintech valuations, and a slowdown in external deal activity, the environmental, social and governance (ESG) fintech sector is proving resilient and continuing to thrive as evidenced by the ESG fintech investment reaching an all-time high just recently. billion in ESG fintech in 2023.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content