Financial inclusion

Scams, exclusion: Piyush Gupta on risks of digital finance

The price of progress demands a whole-of-society response

GFTN aims to create more efficient, resilient and inclusive financial systems through technology, innovation and global collaboration.
SINGAPORE FINTECH FESTIVAL 2025

Why this not-for-profit entity wants to help discover the next insurtech unicorn

The Global Finance & Technology Network (GFTN) aims to develop talent and help build fintech hubs through collaborations

Millions of small and medium-sized enterprises in the region face limited credit access and fragmented payment systems, the company said.
SINGAPORE FINTECH FESTIVAL 2025

What’s next for SE Asia? Connecting fragmented systems for financial inclusion: Amazon

The US tech giant wants to help connect regional systems, improving cross-border transactions for individuals and businesses

A tea stall in Dehradun that accepts mobile payment. Countries such as India have shown that it is possible to provide residents with a unique digital identifier, mandate the banks to provide low-cost, no-frills accounts, and install a system to facilitate interbank transactions through mobile phones.
THE BOTTOM LINE

CBDCs still have not found their raison d’etre

Any problem on payments is better solved through more practical alternatives

Villagers in the Philippines being introduced to Bank-Genie's financial services.

How fintech drives international financial centres and regional cooperation

THE development of fintech in recent years has been nothing short of fast and furious. Among others, artificial intelligence, big data, blockchain, and cloud technology have now begun to be widely use...

Ron Sim's V3 Group sets up fintech unit, hires ex-Fullerton, Temasek veteran

Ron Sim's V3 Group sets up fintech unit, hires ex-Fullerton, Temasek veteran

LIFESTYLE products group V3, owner of OSIM and TWG Tea brands, has set up a fintech business unit in October to pursue related opportunities in the region, as well as develop digital financial service...

epa10037721 An Indonesian cake seller in a slum area in Jakarta, Indonesia, June 2022. According to the World Bank, the Covid-19 pandemic has affected Indonesia's poverty reduction progress, causing the poverty rate to rise from 9.2 per cent in September 2019 to 9.7 per cent in September 2021.  EPA-EFE/Bagus Indahono

Financial inclusion critical to easing money worries in Asia

Improving access to financial services in the region, not least for women, would also strengthen society and economy.

Removing barriers to the unbanked and accelerating financial inclusion in Asean

Removing barriers to the unbanked and accelerating financial inclusion in Asean

In the past couple of years, the economies in the Asean region took a hit as the Covid-19 pandemic triggered declines following widespread lockdowns and travel bans. However, despite renewed outbreaks...

How financial inclusion is an economic benefit for all

How financial inclusion is an economic benefit for all

Covid-19 has had a devastating effect on the world's economies but it's the vulnerable groups that are bearing the brunt, including around access to financial services and resources. Financial inclusi...

GIC, Temasek participate in Ant Financial's US$14b Series C funding round

GIC, Temasek participate in Ant Financial's US$14b Series C funding round

SINGAPORE'S sovereign wealth investors Temasek Holdings and GIC are part of a group of investors pumping in about US$14 billion in Ant Financial, the Chinese company on Friday said.