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China reprimands Jack Ma’s Ant Financial over customer privacy

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12-Jan-18 Chinese Internet regulators have scolded the country’s leading mobile payments company, Ant Financial, parent company of Alipay, for compromising its customers’ privacy by automatically enrolling users in its credit-scoring system, putting pressure on firms to better protect personal data. [image: Mobile Marketer]

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Bank to e-wallet instant fund transfers to launch in Hong Kong

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10-Jan-18 A fast and easy payment system linking major banks and electronic payment platforms will be available in Hong Kong in September 2018. A pilot scheme is also in the works to allow people to pay government bills using their electronic-wallets. [image: Dickson Lee / SCMP]

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Fintech in Indonesia: 2017 in review and 2018 outlook

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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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