Tagged: digital financial services

Digital Payments Services are “Evolving” into Marketplace Lending Platforms: Report

The global COVID-19 outbreak has created many challenges as individuals and businesses have to get used to observing safe distancing measures and make changes to their lifestyle – which may include working from home. According to a recent blog post published by the International Monetary… Read More

Largest Life Insurance Company in Singapore and Malaysia to Invest $70 Million in Axiata Digital’s Fintech Expanasion Plans

GREAT Eastern (Life Assurance), the largest life insurance company in Singapore and Malaysia, will be investing $70 million into Axiata Digital’s financial services business, in order to take part in the company’s Fintech-focused plans, according to Khor Hock Seng, group CEO at Great Eastern. The… Read More

Philippines based Digital Financial Services Firm Ayannah Merges with Indian Payments Company Equity Capital Advisors

Philippines based Ayannah, an online financial services provider, and India’s payments firm Equity Capital Advisors (ECAPS) have merged their operations in order to provide cost-effective and more accessible financial services to South Asia and Southeast Asia’s growing middle-class population. The merged entity will aim to… Read More

Standard Chartered Bank’s India Division Launches All-Digital Financial Services During COVID-19 Crisis

Standard Chartered Bank has introduced a wide range of self-service requests for customers based in India. The new services will be available via the Standard Chartered Mobile app and through the institution’s online banking portal. Standard Chartered bank’s customers in India will now be able… Read More

Bill and Melinda Gates Backed Project: U Microfinance Bank and Karandaaz Pakistan to Help Women Gain Access to Modern Financial Services

U Microfinance Bank Ltd., a wholly-owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) – Etisalat Company, has reportedly signed a grant agreement with Karandaaz Pakistan, a company that aims to promote improved access to finance for small business owners via an investment platform, and financial… Read More

Report: Southeast Asia’s Growing Internet Economy Is Driving Fintech Adoption

Southeast Asia’s internet and e-commerce economy is growing steadily due to the widespread use of mobile phones. The region’s middle class has also been growing, according to a recent report compiled by Google, Temasek and Bain & Company. Published earlier this month, the e-Conomy SEA… Read More

Wirecard Announces Strategic Partnership With CreditPilot to Drive Digital Financial Services to Mobile Network Operators & Retailers

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has formed a new partnership with banking and B2B2C-focused fintech CreditPilot to continue growth and development of digital financial services for mobile network operators and retailers. According to Wirecard, CreditPilot will incorporate… Read More

DFS Labs to Invest in Four African Fintch Startups

Digital Financial Services Lab (DFS Lab) announced on Tuesday it is set to invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. The startups are Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and… Read More

Meed Collaborates With Oracle to Enable Implementation of Digital Platform

California-based company Meed announced on Thursday it is collaborating with Oracle to deliver its suite of digital financial services to banks worldwide. The company stated it will integrate with Oracle’s Digital Banking Experience (OBDx) solution, using the Oracle platform, to deliver end-to-end digital experiences while… Read More

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