Tag "Asia-Pacific"

Top 11 Donation and Reward-Based Crowdfunding Platforms in Asia

In Asia, online alternative finance is developing rapidly, notably in China but also in the overall Asia-Pacific (APAC) region. China has been the world’s largest online alternative finance market by transaction volume, registering US$107 billion in 2015 or almost 99%

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DBS Report: Fintech, A Challenge And An Opportunity For Banks

Fintech investment more than doubled in 2015 and the sector currently counts 19 unicorns; players that are in a position to challenge banks. Despite the apparent threat, fintechs also bring the opportunity for small and medium-sized banks to partner with

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A Profile of Smartphone Users in the Philippines

Smartphones have changed the way Filipinos communicate. There’s no doubt that communication technologies are making Filipinos more social, making sure they stay connected with their circle. In fact, the Philippines has been called the text-messaging capital of the world. With

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Startupbootcamp, PwC Report: Asia-Pacific Fintech Ecosystems Are Thriving

Fintech is booming as a growing number of innovative companies are emerging in hope to disrupt the financial services industry. Banks and traditional players are also starting to recognize the opportunities related to using cutting-edge technologies to serve their clients

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Digital Wallets Increasing in Popularity in APAC, Singapore As Top 3 Adopters

Consumers in Asia Pacific (APAC) are embracing digital wallets as one in five users (19.5%) in the region say they are using these new mobile technologies, citing more convenience when shopping online. This represents an increase of 9.7% from two

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Drastic Shifts in Behavior is Boosting Mobile Banking in Southeast Asia

Digital banking has become a serious business trend as Asian consumers are becoming more and more comfortable with using mobile and Internet channels for banking services. According to a report from McKinsey, the use of mobile and Internet channels for

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Asia Pacific to Become the Largest E-Commerce Market in the World

Asia Pacific’s e-commerce industry has been “explosive,” generating over US$567 billion in total transactions in 2014 with China contributing US$440 billion, surpassing the US with US$140 billion. In the next five years, the region will most likely set the agenda

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Accenture Fintech APAC Study: Fintech Investment to Quadruple in 2015

Fintech investment in Asia-Pacific has been on the rise. In the first nine months of 2015, there had been 122 deals totalling a record of US$3.4 billion injected in the sector, according to a new report from Accenture. Entitled ‘Fintech

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