Analysing internet-based financial services with cutting-edge innovations

Mobile payment platforms (MPPs) have become the vanguard of financial technology (fintech), enabling instant payment and settlement with the convenience of mobile devices, and for the first time making the prospect of a cashless society within reach. There has been rapid development of MPPs in the Asia Pacific in recent years, with companies like Alipay and WeChat Pay being the dominant player.

This project seeks to address some of the profound challenges associated with such development for policymakers and general public worldwide: how to reap the benefits from the digital revolution brought about by fintech, but to ensure systemic security and fair play in the market.

For further information or if you have any queries, please contact the project lead:

Goal

The goal of the project is to enhance understanding and resilience among policymakers, media, civil society, and the general public relating to the challenges and risks associated with widespread adoption of the MPPs in the Asia Pacific.

Objectives

  1. Provide an overview of the development of the MPPs in the Asia Pacific through case studies of China, Australia, New Zealand, Singapore and Thailand.
  2. Examine and assess risks of data security and market competition in corporate and regulatory practice.
  3. Provide best-practice recommendations on MPP regulation in the Asia Pacific and the wider world.

Research Report

Research report

The final report enhances our understanding of the risks associated with the Chinese MPPs and their global expansion as well as best-practice policy recommendations for regulatory authorities.

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Contact details

Email
gai@griffith.edu.au
Address
Griffith Asia Institute, Griffith University
Room 1.30, Macrossan Building N16
170 Kessels Road
Nathan QLD 4111

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