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UnionPay partners Millennium bcp to foray into Portugal market

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06-Dec-18 China’s UnionPay has partnered with Portugal's private bank Millennium bcp to issue UnionPay Portugal cards. Millennium will issue both consumer and commercial cards. Millennium becomes the first local institution in Europe to provide the cards. [image: Cards International]

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Asian banks tear down brick-and-mortar expansion model

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08-Oct-18 Singapore's largest bank DBS is attempting to disrupt the traditional business model of physical branches in Indonesia with a branchless smartphone platform, 'digibank'. After DBS rolled out digibank in India in 2016, it captured over 2 mn customers. [image: Nikkei Asian Review]

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Go-Jek sparks an Indonesian banking revolution

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29-Aug-18 Millions of Indonesians have recently opened a bank account for the first time thanks to companies like Go-Jek. Smartphone adoption and e-payment apps are penetrating Indonesia's unbanked population on a scale that banks have never achieved. [image: Akira Kodaka / Nikkei Asian Review]

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Digital payment firms fight for Hong Kong market

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16-Aug-18 Chinese tech giants Tencent and Alibaba are bringing their payment platforms to Hong Kong, a city that has long thrived on cash and plastic, putting them into competition with Google, Apple and Samsung, and local players like HSBC. [image: Business Insider]

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