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Insights
08-Oct-18 Singapore's largest bank DBS is attempting to disrupt the traditional business model of physical branches in Indonesia with a branchless smartphone platform, 'digibank'. After DBS rolled out digibank in India in 2016, it captured over 2 mn customers. [image: Nikkei Asian Review]
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05-Oct-18 ICICI Bank announced a multi-year partnership with Bhubaneswar city, capital of the state of Odisha in India, to launch a Common Payment Card System which will help citizens use a single payment option for multi-purpose city-level usage. [image: OTV]
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Insights
02-Oct-18 Vietnamese ride-hailing app FastGo, positioning itself as a rival to Singapore-based Grab, plans to launch its service in Indonesia and Myanmar in Dec-18 as it hopes to become one of the top companies in the field in Southeast Asia. [image: Nikkei Asian Review]
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25-Sep-18 Tencent Holdings plans to partner with China UnionPay to offer shoppers in Hong Kong the ability to use a Hong Kong version of the WeChat Pay mobile payment app to spend at mainland merchants using Hong Kong Dollars. [image: Reuters]
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Insights
20-Sep-18 As part of Flipkart's strategy in India to drive its merchandise volume by 20%, the company is launching affordability instruments, offering customers instant credit of up to INR60,000 (USD823), following Amazon's lead. [image: Business Today]
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