Studies
Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times
In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista, technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.
Read More
Airwallex Report: Singaporean Shoppers Demand Payment Flexibility, Transparency
While concerns of volatile macroeconomic conditions persist into 2024, there are signs that point to continued growth in global cross-border e-commerce, including for consumers and merchants in Singapore. In a recent global study conducted by global payments and financial platform
Read More
Over Half of Surveyed Singapore Users Own Cryptocurrency
In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for its forward-thinking approach to fintech and digital innovation, is no exception. Interestingly, Singapore’s consumer cryptocurrency ownership is high among those
Read More
More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand
The fintech industry, having navigated through the turbulent waters of the COVID-19 pandemic, has demonstrated not only resilience but also a robust capacity for growth. This period of upheaval has catalysed a significant transformation within the sector, with fintech firms
Read More
Project Savannah, a Blueprint to Simplify ESG Integration for Small Businesses
In an era where sustainability is not just a preference but a necessity, the dialogue around environmental, social, and governance (ESG) practices has taken centre stage for major corporations. But amidst this evolving discourse, micro, small, and medium-sized enterprises (MSMEs)
Read More
Are APAC Businesses Ready? Assessing Digital Preparedness in Finance
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). This shift is not merely about adopting new technologies; it’s about reimagining the role of
Read More
Singapore Made Up 59% of ASEAN Fintech Deals in 2023 Amid Funding Winter
In the recent past, Singapore’s fintech sector has emerged as a beacon of innovation and growth within the ASEAN region. However over the past year, the fintech sector in Singapore, reflecting global trends, is currently experiencing a significant funding slowdown.
Read More
Top 10 Banking Trends in 2024 that Will Define the Sector
In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. This evolution reflects the dynamic shift seen a quarter century ago with the Digital
Read More
BNPL Profitability Remains Elusive Despite Rising Adoption
Buy now, pay later (BNPL) arrangements, a type of short-term financing that allows customers to make purchases and pay for them in monthly installments, are growing strongly around the world, picking up steam among both customers and merchants. But despite
Read More
Crypto Hack Volumes Slashed by 50% in 2023, Says TRM Labs
There has been a significant drop in crypto hacks in 2023, with a more than 50% decrease compared to the previous year, according to research conducted by blockchain intelligence company TRM Labs. While the number of hacking incidents remained relatively
Read More