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Go-Pay sets out to ‘strengthen’ its digital wallet presence in cash-reliant Indonesia
Fintech — or financial technology, which can be broadly defined as digital innovation in financial services — has been gaining traction in Indonesia, Southeast Asia’s largest economy.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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NatSave, Mastercard partner to drive digital transformation and financial inclusion in Zambia
The partnership supports Zambia’s National Financial Inclusion Strategy 2017 to 2022, which aims to increase financial inclusion from 59 per cent to 80 per cent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Show Me the Money: Does Going Cashless Hurt Financial Inclusion?
At first glance, the ban on cashless stores seems to fly in the face of the drive towards a truly digital economy, but both sides of the table have compelling arguments.
- Categories
- Finance
- Region
- North America
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Is North Korea Moving Toward a Cashless Society?
According to a Seoul-based online newspaper Daily NK, some North Korean people are apparently using mobile phone credits as currency and a means of commercial transaction.
- Categories
- Finance
- Region
- Asia Pacific
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The latest frontier of China’s mobile payments boom is prisons
Alipay, digital payment giant Ant Financial’s mobile platform, confirmed on Monday (Jan. 14) that it has rolled out a new feature allowing prisoners to receive and spend money.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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In China, cash is no longer king
A cashless society has many advantages, including lower transaction costs. But it also creates a divide between those who can make cashless payments and those who cannot.
- Categories
- Finance
- Region
- Asia Pacific
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Why fintech in India needs to start counting for the unimaginable 2020
2020 will also be the year of action for SME and MSME banking. Despite playing a pivotal role in the country’s economic growth, the SME market remains relatively underserved with banks.
- Categories
- Finance
- Region
- South Asia
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Chinese retailers warned over mobile money choice
In a post on social media site WeChat, the authority said refusing to accept cash could exclude people unfamiliar with mobile and electronic alternatives, along with those unable to access these services due to living outside major urban areas.
- Region
- Asia Pacific
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