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InsurTech Is Disrupting Insurance Forever – Will There Still Be a Place for Human Financial Advisors?
Wave after wave of technological disruption has hit us in recent years and it looks like the insurance industry is next in line. Insurtech is the new tradename for an aggressively growing group of apps, software’s, and startups reinventing a
Read MoreFintech in Bangladesh: Nascent but Growing
Bangladesh’s undeveloped financial system, huge unbanked population, and increasing smartphone penetration rate, have fueled the development of innovative digital finance solutions. Home to 160 million people, Bangladesh is the world’s eighth densely populated country and one of the top performing
Read MoreFintech can help improve the relationship between Banks and their Customers
A report by the The Economist Intelligence Unit noted that while Fintech is an emerging industry that is growing more influential in the banking industry, retail banks will still retain a huge advantage. By 2020, the bank may no longer
Read MoreInterview: Texcent to Launch Digital Payments Platform Paycent in Singapore and the Philippines in Coming Weeks
Texcent, a Singapore-headquartered fintech startup, is looking to launch its digital payment platform, Paycent, this August in Singapore and the Philippines. The company aims to become the global leader for mobile and cashless transactions with a platform that promises a
Read MoreChina’s Fintech Sector to Enter New Era
While China’s fintech industry had been mostly driven by the “fin” component, the importance of the “tech” component will come to the fore in the future, according to management consulting firm Oliver Wyman. With the ongoing integration of fintech into
Read MoreVietnam’s Zalo Pay Brings Payments To Social Media in Vietnam
Zalo Pay, a product of ZION, is bringing mobile, contactless payments to Vietnam’s popular social media and messaging platform Zalo. Launched in 2012, Zalo is a free message and call mobile app used by 70 million people. Zalo entered the
Read MoreDecentralizing Energy in Singapore for a Future Grid
Blockchain technology might also disrupt the energy sector. Blockchain technology, the backbone technology behind the Bitcoin, is enabling a peer-to-peer network where transactions between systems can happen without a third party. The focus on peer-to-peer (P2P) applications has mostly been on
Read MoreDigital Insurance Protocol Aigang Launches Blockchain Demo Apps for IoT Devices
The Singapore-based leader in blockchain protocol for digital insurance, Aigang Network, this week launched its unique Android and iOS demo app. Running on Ethereum testnet, the first-of-its-kind demo for Aigang Network’s peer-to-peer (P2P) digital insurance blockchain protocol for Internet-of-Things (IoT)
Read MoreWhy Indonesia needs Fintech?
Southeast Asia’s largest economy would rather use fintech platforms for their financial needs rather than the country’s more well-established banking institutions with regulations being proposed to safeguard investors and borrowers alike, Indonesia’s fintech industry is set to expand even further.
Read MoreInternet-of-Things Technologies to Play a Key Role in Singapore’s Smart Nation Push
In Singapore, Internet-of-Things (IoT) technologies are set to play a key role in the city-state’s digitalization push and Smart Nation plan. IoT refers to a network of Internet-connected physical objects, vehicles, buildings and other items embedded with sensors, electronics, and
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