Asia Banking Research

Apr

Alipay and WeChat struggle to gain foothold in Indonesia

In less than a decade, Alibaba and Tencent have built the world’s foremost mobile internet ecosystem in China. Their success derives from both innovative business models and unflappable determination. To be sure, they arrived at the right time – the rise of smartphones – but good timing isn’t enough to…

Mar

Asia Banking Research

Regulators signal cautious support for Vietnam’s P2P lending industry

Vietnam plans to roll out a pilot peer-to-peer (P2P) lending scheme to boost financial inclusion in one of Southeast Asia’s fastest growing economies. The pilot program will permit P2P lending firms to serve as intermediaries between lenders and borrowers, but they will be restricted from fundraising activity.

Mar

Asia Banking Research

Can Go-Jek be a fintech sensation?

In Asia, digital wallets are increasingly where the money is for ride-hailing companies. Once they have a critical mass of customers using their app for taxis, the companies launch a suite of financial services people can access from the convenience of their smartphones. Didi Chuxing is going this route in…

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Asia Banking Research