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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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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.,

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Nearly One in Five Consumers Struck by Online Identity Fraud, According to ACI Worldwide Speedpay Pulse Report

Fintech Finance

Digital payment preferences are surging, according to the 2024 ACI Speedpay Pulse Report, published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. ” Key Report Insights 77% of Americans now prefer to pay their bills digitally, with 26% displaying a preference for mobile over website. .”

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The Year In Data: Measuring 2020’s Payments Innovation

PYMNTS

percent made purchases via mobile in the last 24 hours. 31 percent bank via app. 56 percent of restaurants with customers who are using mobile order-ahead features more often have experienced increased revenues. Accelerating The Real-Time Payments Demand Curve: What Banks Need To Know About What Consumers Want And Need.

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Visa Reveals Digital Products to be Launched Over the Year Catering to Evolving Consumer Demands

The Fintech Times

Today we unveiled new card features and digital innovations that will bring consumers into a more customised, convenient and secure future.” This year, new ways to ‘tap’ on a mobile device will become an integral part of the Visa experience. Online payment fraud is seven times higher than in-person payments.

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Getting The Plumbing Ready For Banking-As-A-Service

PYMNTS

The coronavirus pandemic — which has forced all of us online — is exposing just who in financial services has embraced digitization, and who is truly digital native. We now must bank entirely online, by necessity. And many of us must transact entirely online, by necessity, to get the goods and services we need on a daily basis.

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Airlines Say Wheels Up To Pay-By-Bank Payments

PYMNTS

That’s the big message being sent throughout the payments world as PSD2 and other FinTech efforts spark innovation and give consumers, companies and other organizations more methods to pay — methods that better match the preferences of those participants, payments that feature more speed and less friction than was often the case before.