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Search Results: 208 results for keyword "FinTech".
Mastercard accelerates financial inclusion with investment in Digiasia
11-03-2020 15:37
Mastercard became the leading investor in the Series B funding round of Indonesian fintech holding company Digiasia, providing both capital and strategic assistance as Digiasia looks to strengthen its suite of financial services that expand the ways individuals and MSMEs can take part in Southeast Asia’s growing digital economy.
Grab's fintech platform supports SMEs in digital market
07-03-2020 10:36
In the digital market, Grab performs a key role in linking small- and medium-sized enterprises, supporting them to connect with customers through mobile app services.
Cyber threats slow down rise of cashless payments
21-02-2020 08:00
Vietnamese lenders and fintech groups are catching up with international peers on kick-starting the economy and promoting cashless transactions in the face of the coronavirus outbreak, but greater advancement always comes with new risks.
SBV reneges on 49 per cent FOL proposal for fintech companies
12-02-2020 14:57
The State Bank of Vietnam (SBV) has reneged on its intentions to add a 49 per cent foreign ownership limit for payment intermediaries and fintech firms in the draft decree on non-cash payments.
Banks, fintech firms promote cashless payments during epidemic
10-02-2020 12:25
To prevent the spread of the new strain of coronavirus in Viet Nam, customers are encouraged to adopt cashless payment methods.
SBV sets new course to board Industry 4.0 in banking sector
28-01-2020 08:00
To keep up with the ever-evolving technology, banks have to be well-positioned to engage with the new wave of digitally empowered customers. Nguyen Kim Anh, Deputy Governor cum chairman of the Fintech Steering Committee at the State Bank of Vietnam, looks into how the central bank aids lenders to innovate and address their most pressing needs.
Flurry of activity upcoming in M&A
17-01-2020 09:00
Driven by strong economic growth prospects and potential for state-owned enterprise equitisation, more Singaporean investment is expected to flow via mergers and acquisitions (M&A) in the months to come in Vietnam, focusing on finance, property, and fintech.
Regulatory sandbox: the key to fintech success
03-01-2020 08:30
After a rapid development over the past few years, the Vietnamese fintech startup ecosystem is now home to more than 150 companies and brands, covering a broad range of services from digital payments and alternative finance to wealth management and blockchain.
Reflecting reality for foreign owner ratios
01-01-2020 09:14
A recent draft decree from the State Bank of Vietnam raised eyebrows with its contents on ownership ratios for overseas groups when it comes to payment intermediary services. Lawyer Pham Duy Khuong, managing director of ASL LAW, writes about whether or not the foreign ownership limit should indeed be restricted for such services.
Payment-related solutions attract most funding in Vietnamese fintech
22-12-2019 17:03
Financial technology (fintech) firms offering payment-related solutions secured the most funding in Vietnam, according to the FinTech in ASEAN: From Startup to Scale-up report released by United Overseas Bank (UOB), PwC, and the Singapore FinTech Association (SFA).
FOL concocted for fintech segment
20-12-2019 12:49
Local regulators are ratcheting up pressure in a bid to curb the risks from spreading financial technology by setting up a foreign ownership limit of 49 per cent.
VNPAY honoured with Outstanding Fintech Award 2019
09-12-2019 16:57
Passing many rounds of rigorous evaluation by the Voting Council, VNPAY has recently been honoured as one of the outstanding fintech companies of 2019 at the Vietnam Outstanding Banking Awards 2019.
Cash habit, poor infrastructure prevent to non-cash economy
02-12-2019 09:01
While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said.
Vietnam’s booming fintech funding on Singapore’s heels
29-11-2019 15:43
Vietnamese financial technology startups are quickly catching up with Singapore in attracting Southeast Asian venture capital funding, according to the Japan-based Nikkei Asian Review.
Sharing economy rules required
15-11-2019 16:00
Sharing economy platforms have taken Vietnam by storm in recent years, especially in the fields of transportation, hotel bookings, and fintech. However, the rise of internet-based sharing services like Grab, FastGo, Airbnb, and Agoda has caused a headache for policymakers to adjust the regulations to manage disruptive businesses.
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