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Doha Bank Launches Visa Commercial Pay: A Step Towards a Cashless Economy

Fintech Finance

Doha Bank , one of the largest private commercial banks in Qatar is set to be the first bank in the market to officially launch VISA Commercial Pay (VCP) and the first Bank in the CEMEA region to introduce the VCP-Mobile Module, in collaboration with VISA for its Corporate Credit Card clients.

Economy 98
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Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

Fintech News

Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise to prominence, a new report by Decision Lab shows. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

Finance 117
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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

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Grab, Razer, AirAsia, Others Ponder Malaysia Banking Application

PYMNTS

Grab , Razer , AirAsia , Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. Some are in discussions with consultants for guidance as they ponder a move into digital banking, according to the sources, who are familiar with the matter.

eWallet 54
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Teachers Credit Union On Using Technology To Drive A Personalized Member Service Approach

PYMNTS

CUs cannot rest on their laurels, however, given that competition in the banking space has been intense during the current economic downturn. Younger members often feel comfortable banking online, for example, but Rousseve said some of the CU’s older members still prefer to speak to CU employees in person.

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In Hungary, Instant Payments Gain Traction

PYMNTS

3) that, in Hungary, commercial banks have started a test phase for a domestic instant payments system, with a “go live” date slated for July 1. Among the biggest banks in the country, amid the push toward instant payments, are OTP Bank, Belgian KBC Groep and Austrian Erste Group Bank.

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FinTechs Ovo, Dana Look To Unite Against Giant Gojek

PYMNTS

If successful, it could catapult Ovo and Dana into dominating Indonesia’s multibillion-dollar online payments market. Last week, a PYMNTS report titled “Digital Payments in a Digital World,” showed how electronic banking has become the new constant. They expect digital payments to work seamlessly.