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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
17-Sep-18 Singapore has launched Singapore Quick Response Code (SGQR), which it claims to be the world's first unified payments QR code. It will be adopted by 27 payment schemes including PayNow, Nets, GrabPay, Liquid Pay and Singtel Dash. [image: Finextra]
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Insights
24-Aug-18 Alibaba’s Lazada is introducing new credit options for SMEs in Southeast Asia. Lazada partnered with Finaxar to offer financing services to sellers in Singapore. There are plans to expand to other parts of Southeast Asia in the future. [image: TechCrunch]
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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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