Paymentology and Audax Financial Technology have partnered to enable financial institutions in Southeast Asia and the Middle East to launch and manage their own branded card program. With the Cards-as-a-Service (CaaS) solution enabled by this partnership, financial institutions can launch a program in a matter of...
Singapore’s Grab reported its first-ever quarterly profit on Thursday (Feb. 22). This, despite a cautious outlook for annual sales as its ridesharing and food delivery operations in the “fertile” Southeast Asia market continue to recover from the effects of the COVID-19 pandemic. “Our mobility business,...
Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec. 4) press release that the investment aims to boost efficiency, reduce trade costs and strengthen supply chain resilience in the region. Maersk...
Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to pay on the Grab app can now access and manage their funds from various sources, including MoMo eWallets, linked bank...
August 03, 2020
Mobile payments penetration has historically faced a gap in Southeast Asia, Joel Neoh, founder of leading regional online-to-offline company Fave, told Karen Webster. Consumers in locales like Singapore, Malaysia and the Philippines can store payments credentials on their phones and make online purchases with no problem, but it was a different story using them in […]
March 10, 2020
The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. In markets like Southeast...
February 27, 2020
It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. With more SMBs embracing digitization, the...
November 26, 2019
There are, as of last count, approximately 170 mobile wallets of various descriptions worldwide. Some are massive and deep-pocketed and have active user counts in the billions, while others are...
May 30, 2024
Ride-hailing and delivery company Grab partnered with artificial intelligence firm OpenAI to upgrade its app and integrate AI across its business Grab, which operates in eight Southeast Asian countries, plans to use OpenAI’s technology to improve its mapping capabilities, allowing for quicker updates and more accurate navigation, The Wall Street Journal reported Thursday (May 30). […]
May 15, 2024
Paymentology and Audax Financial Technology have partnered to enable financial institutions in Southeast Asia and the Middle East to launch and manage their own branded card program. With the Cards-as-a-Service (CaaS)...
December 04, 2023
Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec. 4) press release that the investment aims...
November 06, 2023
Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to pay on the Grab app...
