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digital-banking

Tech 3 years ago

PREMIUM
Fintech is coming for banks, one service at a time

“Every single aspect will be taken over by fintech,” CEO of crypto asset service provider warns conventional lenders, adding that tech firms could provide more granular banking products.

Academia 4 years ago

PREMIUM
The prospect and challenges of digitalization in the banking industry

We are seeing a wave of newcomers coming from the tech ecosystem, with fintech and e-commerce players setting up banking operations to strengthen their financial ecosystem play and further monetize their high customer base.

Companies 4 years ago

PREMIUM
Conglomerate-backed digital banks are here to stay

Business tycoons have been tapping into the digital banking industry through acquisitions, and experts say they are in it for the long run.

Markets 4 years ago

PREMIUM
Digital transactions forecast to grow 31% next year: Bank Indonesia

Bank Indonesia (BI) estimates e-commerce transactions to grow 31.4 percent annually to Rp 530 trillion (US$37 billion) next year.

Business 4 years ago

PREMIUM
Most digital banks only half ‘mature’, OJK says

Indonesia’s digital banks, for all the potential ascribed to them, only achieved about half of the possible score in a recent assessment of their digital maturity by the Financial Services Authority.

Business 4 years ago

PREMIUM
LINE Bank opens in Indonesia as online-only arm of Hana Bank

LINE Bank, the digital banking arm of Bank KEB Hana Indonesia, launched operations on Thursday. The online-only bank is run in collaboration with Japan-based technology firm LINE Corporation and its subsidiary LINE Financial Asia.

Business 5 years ago

PREMIUM
Indonesia to see double-digit growth in digital transactions this year: BI

Indonesia is forecast to record double-digit growth in digital transactions this year, with a notable acceleration of digital banking and e-commerce transactions.

Business 5 years ago

China pushes Ant Group overhaul in latest crackdown on Ma

Chinese regulators and Communist Party officials have set about reining in Ma’s sprawling financial empire after he publicly criticized the country’s regulatory system in October for stifling innovation.