mobile banking

The $500m that Grab intends to invest in Vietnam is the latest in a series of regional investments as it fights with Go-jek for Asean dominance.

MoMo’s chairman explains why Vietnam’s first national champion could be a fintech player as countries wake up to the implications of letting foreign companies take strategic stakes in their leading e-payment providers.

Grab wants to build a cashless economy across 10 Asean countries. Reuben Lai, the head of financial services at the ride-hailing firm, lays out his roadmap for FinanceAsia readers.

Banks should do a few things well and partner with others to round out service offering. Complacency is not an option says the Australian bank’s CEO.

China's fintech leaders are expanding across Asia into payments based on QR code technology. This push poses a threat to users' privacy across the region and represents a risk for investors.

Shayne Elliott says banks that can’t work with Big Tech will ultimately fail. Not using data in creepy ways helps too.

Challenges include developing risk-management skills as well as rising consumer awareness of data privacy. Overcoming these might take more than a zero mark-up on FX transactions.

The ride-hailing app says its low default rate is a result of the credit profiles it has built on its drivers. No wonder it is expanding in lending and insurance.

Mobile telephone capabilities may have come a long way since the days of the brick-size device, but how much can they really change banking?