fintech

Virtual banks have come on in leaps and bounds this year, but traditional banks believe that investment in technology and a personal touch will see off the newcomers.

GrabPay’s has begun rolling back subsidies for merchants, suggesting that breakeven for the division may be closer than investors expect.

Where is momentum coming from in the fintech sector? Ping An's chief innovation officer talks about how he balances external investment with the internal R&D process.

Funding for Taiwan’s Appier hits $162 million as the AI software company looks at workforce and geographic expansion.

As fintech continues to boom, OneConnect has filed for its US IPO. But given how much it depends on Ping An for business it will be hard to shake off the image that it is still Ping An's baby.

Central bankers from China, Hong Kong and Thailand plan to issue their own digital currencies, spurred by the threat to their monetary policy. They were previously too complacent, says the IMF.

TransferWise has coupled with companies in Indonesia, the Philippines and Bangladesh to expand its service to more than 150 million mobile wallet users.

The online payments market is evolving fast and banks need to adapt if they are to face off the competition and grab a piece of the extra $200-billion revenue-action expected by 2025.

Although AI is seen as an opportunity to tap new investment and client opportunities, it could also be a minefield if the safeguards are insufficient, a new study suggests.