Fintech

Central banks collectively representing 20% of the world’s population are likely to issue general purpose CBDCs in the next three years, per a report by the Bank for International Settlements.

The startup plans to go public on the Indonesian Stock Exchange in two to three years.

Fintech is taking over and making the conventional “financial institution” and “finance sector” defunct.

Ovo was seen by some as the most complicated moving part in the GoTo merger.

Nearly half of Singapore’s population owns blockchain-based assets, while 93% of the population said they have heard of cryptocurrencies.

FinTech Connect Asia is the region’s ultimate fintech and payments summit.

While the BNPL payment method may boost e-commerce spending, it can also drive consumerism and potential debt among consumers.

Regulators have outlawed all crypto transactions and services in China, prompting shifts to destinations with friendlier rules.