digital wallet

Digital Economy

Cards remain dominant payment method, but digital wallets projected to overtake in Singapore: FIS

Digital wallets are expected to overtake credit cards as the most popular online payment method, with a 40% market share by 2026.
Keep online fraud at bay, or brace for greater loss  - THE EDGE SINGAPORE

Digital Economy

Keep online fraud at bay, or brace for greater loss

What are some ways of preventing synthetic identity fraud, which is plaguing nearly two-thirds of APAC businesses?

E-payment

Southeast Asia's mobile payments face shakeout as market booms

(Oct 17): Just next to Ho Chi Minh City’s financial district, two dozen street vendors’ stalls display colourful adverts for e-wallets backed by private equity firm Warburg Pincus, ride-hailing firm Grab and Singapore sovereign wealth fund GIC, among

Fintech

Grab starts mobile wallet service at local hawker stalls

(Nov 2): Grab, Southeast Asia’s largest ride-hailing app, is kicking off a new digital wallet service in Singapore as it stakes a claim to the region’s burgeoning mobile payments sector.

Hong Kong startup is said close to $679 million valuation

(Aug 4): TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about US$500 million ($679 million), according to a person familiar with the matter.
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