BankingFeaturedSingapore’s virtual bank accounts to increase by 30% by 2026IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 Currently, only 18 percent of adults in the country have virtual bank accounts.... Read more
BankingFeaturedConsumer use of digital banking accelerates in Asia–Pacific: McKinseyIFM CorrespondentSeptember 27, 2021September 27, 2021 by IFM CorrespondentSeptember 27, 2021September 27, 2021 Number of digital banking users in APac rose from 54% in 2017 to 88% in 2021... Read more
BankingFeaturedUK-based fintech Kroo receives banking licenceWebAdminAugust 17, 2021 by WebAdminAugust 17, 2021 Kroo is one of the only two new banks to be authorised in 2021 so far... Read more
FeaturedFintechBigPay receives $100 mn from South Korea’s SK Group to expand its servicesWebAdminAugust 9, 2021August 9, 2021 by WebAdminAugust 9, 2021August 9, 2021 BigPay offers users in Malaysia and Singapore a digital wallet that comes with debit cards, local and international money transfers... Read more
Banking and FinanceMagazineSoutheast Asia’s growing digital banking landscapeWebAdminJuly 30, 2021August 2, 2021 by WebAdminJuly 30, 2021August 2, 2021 Digital banking in Southeast Asia is being driven by disruptive technologies, digital penetration and evolving customer expectation... Read more
BankingFeaturedHalf of the world’s population to access digital banking by 2026WebAdminJuly 21, 2021 by WebAdminJuly 21, 2021 Around 2.5 bn people use digital banking services currently across the globe... Read more
BankingFeaturedAl Maryah Community Bank launches digital app after CBUAE approvalWebAdminJuly 8, 2021 by WebAdminJuly 8, 2021 The bank will now help its customers create savings and current accounts, and also help contribute to the digital banking revolution... Read more
BankingFeaturedNigerian digital bank Kuda secures $25 mn Series A fundingPritam BordoloiMarch 19, 2021 by Pritam BordoloiMarch 19, 2021 The funding round was led by New York-based venture capital firm Valar Ventures... Read more
BankingFeaturedSterling Bank adds new lending feature to its digital banking platformWebAdminMarch 8, 2021 by WebAdminMarch 8, 2021 Ajo Scheme is the digital construct of Ajo, Esusu and Adashe... Read more
BankingFeaturedStanChart and Bukalapak to launch digital banking servicesPritam BordoloiJanuary 15, 2021 by Pritam BordoloiJanuary 15, 2021 The partnership aims to bring innovation in financial and ecommerce services... Read more