Advertisements

Category: FinTech

Demystifying The Cross-Border Remittances (CBR)

Cross Border remittances(CBR) expected to rise about $0.8 trillion USD. Numbers here are real big and yes this is a big deal. But since most of the world’s population now has access to the Internet or mobile phones, it is just a matter of time before the scales tip to

Advertisements

Digital Wallets: Innovation vs Security

Similarly American insurance companies are coming up with insurance technology or Insurtech based on this childhood joke basing business cases on same concept, offering dental insurance and mouth insurance based on data taken from toothbrush tracking. Security & privacy is gone if security does not match the speed and pace. In the start of the post I mentioned technology is good and will happen without a doubt but other critical factors should also come along not only technology.

FinTech & Indonesia

Financial Services Authority of Indonesia (Otoritas Jasa Keuangan or OJK) a government agency, which regulates and supervises the financial services sector, has finally issued a regulation on financial technology (Fintech) firms that run peer-to-peer (P2P) lending businesses in Indonesia. On the other hand Bitcoin penetrates deeper into Indonesian market, exciting times. In August 2016 in Tangerang, Indonesia OJK was preparing for regulations to support financial technology businesses. Financial regulators

CashLess –OR– LessCash

CashLess –OR– LessCash – Journey from cash-only transactions to less cash and afterwards if possible moving to cashless or digital money society. This journey looks very simple in textbooks or written on blogs or papers but ground reality can be very different. Along with this trip, people suffer […]