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South-east Asia takes QR codes across borders
Does the region’s increasing usage of QR payments signal a wider shift towards digital finance?
15 November 2023
SG e-money transactions to reach $22.7b in 2024
Analysts at UnaFinancial predict impressive growth in the electronic money sector, with transactions reaching $246.3 billion by 2024 in Southeast Asia. In particular, Singapore e-money transactions are projected to reach $22.7 billion in 2024, making a significant contribution. This growth is attributed to several key factors,
26 October 2023
QR payment app users to grow 26% by 2025
As of July 2023, there are already 96,700 QR payment users in SG.
24 October 2023
Investment in Singapore’s fintech is expected to reach nearly 4% of GDP
A recent study shows that investment in the financial technology industry will account for 3.56% of Singapore's gross domestic product (GDP) by 2027, which is expected to be the highest among Southeast Asian countries.
21 September 2023
UAE fintech funding could reach $2.8bln by 2028
Analysis says number of fintech start-ups could more than triple during the same period
19 September 2023
Banks seen pushing digital transformation
FINANCIAL institutions are looking for chances to adopt solutions that will help them tweak their business models, increase operational effectiveness, and boost competitiveness. For 2023 and beyond, industry experts interviewed by The Manila Times expect most of those efforts to focus on continued digital transformation.
11 October 2022
Philippines, Malaysia, Indonesia, Vietnam have a huge potential in APAC for neobank growth: Study
The four Southeast Asian countries have approximately the same degree of attractiveness as India and Singapore
19 February 2021
Over 200m new mobile banking users forecast in four APAC markets by 2023: report
THE number of mobile banking users in four Asia-Pacific (APAC) countries - India, Indonesia, the Philippines and Vietnam - could increase by some 209 million in three years by 2023, according to latest forecasts by international financial group UnaFinancial.
09 December 2020
UnaFinancial: Philippine Neobanks Will Serve 50 Million Customers by 2025
According to the analysts of the international financial group UnaFinancial, neobanks in the Philippines will serve 51.4 million customers by 2025. At the same time, their cumulative loan portfolio will amount to $15 billion and the number of active deposit accounts will reach 10 million.
09 November 2020
Over 50% of internet users in Asia will be using digital financial services by 2025
Analysts of the international fintech holding UnaFinancial revealed that more than half of internet users in the developing countries in South and Southeast Asia will be using digital financial services by 2025.
30 October 2020
Younger generations to boost PHL mobile banking
THERE is a huge potential for mobile banking in the Philippines as the younger generation are bound to prioritize digital services when choosing a bank.
24 October 2020
