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Accenture: Half of the Banks are Not Making Visible Progress in Digital Transformation
The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth, according to a new report from Accenture. The report analyzed
Read MoreMajor Payments and Banking Players Gather at Seamless in Singapore to Discuss the Future of Commerce in Asia
Seamless Asia, the region’s largest free-to-attend payments, banking, identity, e-commerce and retail conference and exhibition with 150 exhibitors and over 6,000 attendees, returns to Singapore on 26-27 June to explore innovative digital solutions changing commerce and banking in Asia. Representatives from banks, online
Read MoreFintech CEO Pitch: We Challenged Turnkey Lender with 8 Questions
We recently interviewed Dmitry Voronenko, the CEO and Founder of Turnkey Lender, a Singapore based Lending Software provider. This is our first ever Fintech CEO Pitch series. A challenge for Fintech CEOs who think they have what it takes to
Read More10 Years Old Blockchain Entrepreneur Steals the Show at Tech-Summit in Bangkok
One of the ASEAN region’s youngest entrepreneurs, KIDLetCoin CEO and Co-Founder, 10 year old Kaede Takenaka, spoke about blockchain and cryptocurrencies at this year’s Techsauce Global Summit in Bangkok. The entrepreneur spoke about educating young kids on smart currencies
Read MoreOhmyhome Opens PropTech Innovation Centre in Singapore
Singapore’s first one-stop property solution Ohmyhome, announced the opening of the country’s first-ever PropTech Innovation Centre this week. The 11,000-square-foot facility will accelerate continuous innovation and productivity, as the company expands into other markets in the region. The centre, located
Read More15 Fintech Maps Showcasing the State of Fintech in Asia
On many aspects, Asia is leading the fintech revolution. First, in terms of consumer adoption of fintech products, more than half of adult consumers active online in China and India, the two most populous countries in the world, regularly use
Read MoreKey Takeaways From Vietnam’s Startup Ecosystem
A new book exploring Vietnam’s startup ecosystem was released earlier this month, detailing an American entrepreneur’s experience in supporting, and working with Vietnamese entrepreneurs across the nation. The book aims to capture the successes of and challenges facing Vietnam’s youth, local
Read MoreCredit Card Issuers Ramp Up Tech Innovation
In the age of mobile wallets, peer-to-peer (P2P) payment apps, and cryptocurrencies, credit cards are transforming to keep up with the changing landscape. The rise of fintech and digital platforms have ushered a new era in the payments sector, and
Read More5 Ecosystems Enablers and B2B Providers for Fintech Startups in Asia
The platform-based business model has taken hold in the digital economy, and the concept is quickly spreading to banking and financial services. Aided by widespread Internet and mobile access, fintech companies and progressive banks have started to make inroads into
Read MoreGlobal Fintech Adoption Is at an All Time High, EY Study Shows
Consumer adoption of fintech services has surged globally in the past years, rising from 16% in 2015 and 33% in 2017, to now 64%, an increase of almost 100% every two years. China and India are leading the trend with
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