At Singapore’s recent National Day Rally, Prime Minister Lee Hsien Loong highlighted that while Singapore has the right ingredients to become, what has been dubbed, a ‘Smart Nation,’ there is still much to be done. PM Lee lamented that while Singaporeans do have access to e-payments options, there are too many different systems that “don’t talk to one another.” This situation is costly for businesses, with many consumers also finding that some e-payment options have more downsides than upsides when it comes to convenience. This has resulted in many consumers preferring to use cash and cheques, which account for 6…
Author: Rachel Hunt
Author
Rachel Hunt
Rachel Hunt is Director of Marketing in Asia for ACI Worldwide. Based in Singapore, Rachel is responsible for the management and direction of all aspects of marketing in Asia-Pacific. Rachel has 20 years’ experience in financial services technology having held roles with banks, industry vendors including Temenos and Perot System, as well as having provided consultancy services for over a decade at independent research firms, such as IDC and Tripliii.
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