Search Results for "Tima"

4 Trends That Will Shape Financial Services in a Post-COVID World

The groundswell of digitalisation that forced whole industries and services online in 2020 during the early onset of the COVID-19 pandemic, only continued growing in 2021 despite the return to office-based work and vaccine rollouts across the globe. Corporations, SMEs,

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Banks Are Increasingly Embracing Crypto As It Moves into the Mainstream

The past year has seen cryptocurrency adoption and trading surge. Total transaction reached US$15.8 trillion in 2021, up 567% from 2020, and the number of crypto holders has increased to an estimated 300 million, indicating that digital currencies steadily moving

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Volt Becomes Second Australian Neobank to Shutdown as Funding Dries Up

Australian neobank Volt announced that it will be shutting down its deposit-taking business, return all deposits to its customers and turn in its banking license. The neobank has advised its account holders to transfer any balances in their Volt accounts

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Less Than 5% of the World’s 400 Neobanks are Profitable

Neobanking has been one of the most talked-about fintech segments of the past decade, a buzzing industry that’s seen an average of 68 new ventures being launched each year since 2017, data from consulting firm Simon-Kucher show. But despite the

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Singapore SMEs Struggle to Secure Financing

In Singapore, small and medium-sized enterprises (SMEs) are struggling to secure sufficient financing from traditional lenders, with most still largely relying on their personal networks to support their business, findings from a new study by cloud banking startup Mambu show.

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Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector

The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by advisory

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Experian Says 25% Of Consumers Were Victims of Online Fraud in Asia Pacific

Consumer financial data service provider Experian found that a quarter of consumers across Asia Pacific (APAC) have been victims of online fraud, but across all markets surveyed in the region, many remain unconcerned about fraud and identity theft amidst today’s

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DBS LiveBetter Now Allows Users to Track and Offset Their Carbon Footprint

Track Better and Offset Better are the two features most recently rolled out on LiveBetter, a one-stop digital platform on the DBS digibank app that seeks to educate and empower users to make sustainable lifestyle choices and live more consciously.

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MAS Partners IFC and UNDP to Launch Global MSME Empowerment Programme

The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), has launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and

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Here Are Indonesia’s Most Well-Funded Fintechs

These past years have seen Indonesia emerging into one of the hottest fintech markets in Southeast Asia, attracting local and foreign investors with the prospect of leveraging technology to address the massive pool of unbanked and underbanked individuals. In 2021,

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