Search Results for "virtual banking"
How Payment Trends Are Set to Evolve Across Asia in 2023
The way we pay for goods and services is constantly evolving, and the payment trends in Asia are only accelerating in 2023 as digital innovations are increasingly harnessed to offer ease and convenience to consumers in a competitive retail environment.
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Singapore’s Top 5 Fintech Stories Last Year That Will Impact the Industry in 2023
It is no secret that the fintech industry in Singapore has been flourishing in recent years. This can be attributed to the city-state’s supportive ecosystem, which includes a pro-business government, a highly educated workforce, and a conducive environment for innovation
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Top 10 Wealthtech Players from Southeast Asia to Watch
The recent years have been a challenging for fintech startups as investors scaled back their investment, valuations plummeted and tech firms were forced to undergo massive layoffs. But despite turbulent market conditions and shrinking fintech funding activity, several wealthtech players
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Can Bitcoin Be a Financial Lifeline for Economies in Crisis?
Bitcoin, the world’s first and most widely-recognized cryptocurrency, has gained a reputation for being a volatile and risky investment. However, in certain economies around the world, Bitcoin is being embraced as a useful tool that is allowing for financial stability
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Cross Border Payments in Southeast Asia: Decoding The Region’s Rapid Growth
Cross-border payments in Southeast Asia is a dynamic and fast-evolving sector that has been impacted by increased digitalization, rapid adoption of digital wallets, and the rise of so-called super-apps. A new report by FXC Intelligence, a financial data company specializing
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AI, Real-Time Analytics Among Banks’ Top Tech Investment Focuses in 2022
5G, artificial intelligence (AI), microservices and real-time analytics are amongst banks’ top investment focuses this year. These priority areas suggest that incumbents are currently concentrating on improving customer experience, delivering a true digital banking journey and reaching greater business agility,
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Are Digital Banks Breeding a Risky Competitive Climate in Singapore?
Technological developments have accelerated the transformation of financial services, leading to the explosion of digital banks worldwide. In Singapore, the entry of digital banks into the local financial system is driving economic innovation and enhancing financial inclusion, according to a
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UK and Singapore to Cooperate on Sustainable Finance, Fintech Innovation
The United Kingdom (UK) and Singapore have signed a Memorandum of Understanding to establish the UK-Singapore Fintech Bridge on Friday. At the 7th UK-Singapore Financial Dialogue, both countries discussed their joint interests in sustainable finance as well as fintech and
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43 New Challenger Banks Have Entered the Market This Year
Over the past year, 43 new digital challenger banks have been launched around the world, bringing the total number of players to 291, data acquired by Finbold, a platform that covers news on finance, cryptocurrencies and fintech, show. The figure
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Asia Pacific Is the Engine of the World’s Cashless Payments Future Growth, Fueled by These Four Key Payments Trends
Two years on from the digitalisation spree spurred on by the COVID-19 pandemic, Asia Pacific’s burgeoning digital payments market continues to grow. The embrace of mobile money, e-wallets, and QR codes by consumers, businesses, and regulators alike means the region
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