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Fintech in Indonesia: 2017 in review and 2018 outlook

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 Insights

03-Jan-18 2017 has been an exciting year for fintech startups in Indonesia with online lending (8% of total), payment gateways (43% of total), and market provisioning and aggregator offerings (13% of total) making up the bulk of the market. [image: Mekar]

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China UnionPay secures deal to grow Mobile QuickPass outside the mainland

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 Insights

02-Jan-18 UnionPay and commercial banks in mainland China recently launched Mobile QuickPass, an e-wallet accepted at 680,000 POS terminals across 16 countries and territories outside mainland China, including Hong Kong, Macau, Taiwan, Singapore, Australia, New Zealand, Canada and Russia. [image: China Internet Watch]

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India's Supreme Court puts a hole in mobile wallet plans

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 Insights

15-Dec-17 The Indian Supreme Court’s decision to push Aadhaar's linking of bank accounts and telecom services indefinitely is a setback for mobile wallet companies such as Paytm and MobiKwik that are trying to complete Know-Your-Customer verification. [image: ET Healthworld]

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