Remove Funds Transfer Remove Non-Bank Remove Online and Mobile Banking
article thumbnail

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.

article thumbnail

The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

article thumbnail

What is a Payment Gateway and How Does It Work?

Stax

A payment gateway is a must-have for online stores. And the best way for online businesses to start accepting payments is with a payment gateway. TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions.

article thumbnail

Understanding the Payment Terminal: Integrated vs. Semi-Integrated vs. Non-Integrated Payment Terminals

Stax

In this article, we’ll be examining fully-integrated terminals, semi-integrated terminals, and non-integrated terminals. What is a Non-Integrated Terminal? It’s possible to have a non-integrated system, but this is becoming increasingly less common. A Comparison of Different Payment Terminal Setups?

article thumbnail

Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

article thumbnail

Mobile: Going All-in with PFM in Mobile Banking

Fintech Labs Insights

The ongoing migration to mobile provides financial institutions a chance to reboot their approach to delivering information digitally. Digital banking v1.0 desktop online banking) was primarily about porting paper-based statements into an online format. Digital banking v2.0 It’s a good long-term move.

article thumbnail

Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.