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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
17-Aug-18 Chinese tourists can now use WeChat Pay to make purchases in Russia, the 17th country to accept transactions made via the popular payment app. In time, that payment option will be available for local consumers as well. [image: Freer / Shutterstock.com]
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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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Insights
11-Jul-18 Some experts predict 80% of global GDP will rely on real-time online payments by 2023. Others still believe cash will hold its position as 'king' of payments. [image: Shutterstock / HKTDC]
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