Asia Digest: Cermati launches banking tech platform; Lyka ordered to halt ops

Asia Digest: Cermati launches banking tech platform; Lyka ordered to halt ops

Photo: REUTERS/Garry Lotulung

Indonesia’s fintech firm Cermati Fintech Group announced launching a BaaS platform that will embed banking services in e-commerce major Blibli’s website. In a separate development,  the central bank in the Philippines has ordered social media platform Lyka to halt its operations until it secures registration as an operator of payments system.

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