Insights
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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Insights
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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Insights
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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Insights
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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Insights
13-Aug-18 The People's Bank of China has a problem persuading banks to lend. The cost for banks to borrow from one another is now lower than from the PBOC, but a large chunk of those funds is sitting idle. [image: Qilai Shen]
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