All News and Announcements
Indonesia: Logiq Partners With Comviva to Offer Digital Wallet and Payment Services to Millions of Mobile Users
Logiq also recently partnered with Yabx, a fintech venture of Comviva to offer credit-based financial services such as cash advance for merchants and "buy now, pay later" options for consumers.
Former Hong Kong Bourse Chief LI Plans New Microfinance Platform in 2021
Li told Reuters in an interview that in “traditional finance” investing in SMEs was rarely worthwhile for global institutions as the due diligence was difficult, risks were high and funding amounts small.
Experian and FinScore to Raise Financial Inclusion in the Philippines via Alternative Credit Scoring
Through this partnership FinScore will intensify its focus on delivering alternative credit scoring to help financial institutions reduce high default rates and prevent fraudulent activity.
Indonesia Startup Bags $50M for Lending to Rural Women
Amartha will use the funds from US-based Lendable to encourage women micro entrepreneurs.
Pandemic Gives Extra Momentum to Cashless Drive in Japan
With more people avoiding physical cash amid the COVID-19 pandemic, digital payments are becoming more popular in Japan.
Landmark Payment System Reforms to Support Economic Activity and Boost Financial Inclusion
The Fijian Parliament passed the National Payment System Act, paving the way for this reform program to boost access to affordable payment services through digital solutions and support the drive for greater financial inclusion.
China Mobile Payment Gains Fueled by Pandemic
The annual survey on mobile payments showed 98 percent of respondents indicated mobile was their most commonly used payment method, up 5 percentage points from 2019.
IFC and PasarPolis Partner Amid Pandemic to Boost Microinsurance Safety Nets for Indonesia’s Most Vulnerable
Under an agreement, IFC will provide PasarPolis with $5 million in equity finance to develop infrastructure to connect insurers, digital platforms and customers unserved by the traditional insurance sector.
Digital Payments — Not Cash — Is Now King in Asia’s Payment Ecosystem
Notwithstanding border restrictions, the region’s digital payments ecosystem is growing as countries collaborate to connect their domestic payment systems.
High Cost, Waiting Time Associated With Remittances Big Concern Among Malaysians, Survey Shows
These findings were from a survey to better understand how the COVID-19 pandemic has affected the remittance habits of those living in Malaysia.