Search Results for "Tima"
Shopee and Visa Inks Five-Year Partnership to Boost the Digital Economy
Shopee, e-commerce platform, and Visa announced a five-year regional strategic partnership intended to encourage greater participation in South East Asia’s digital economy. They added that this partnership is part of Shopee’s mission to better the lives of individuals and businesses
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Connecting People With Finance: Empowering the Financial Industry in the Intelligent Mobile Era
In the intelligent mobile era, Huawei — with its vision, insights, solutions, ecosystems, and experts — is uniquely positioned to create new value. The global outbreak of COVID- 19 has disrupted the lives and businesses of countless people, and the
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Open Banking, Data Protection Laws Bring in New Challenges for Digital Banks and Incumbents
Open banking, one of the hottest topics in financial services today, is bringing in new challenges and risks that both traditional financial institutions and fintech companies must address swiftly, said Frederik Mennes, director of product security at cybersecurity firm OneSpan.
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Finance Needs to Be Redefined for Good to Serve One Billion of Asia’s Unbanked
As a catalyst for digitalization, COVID-19 will further help improve financial inclusion in emerging economies, according to Wissam Khoury, head of international at Finastra. Home to an unbanked population of about 1 billions, Asia has experienced a boom in fintech
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A Booming Fintech Investment and Exit Landscape in South East Asia
Since 2015, foreign investment into Southeast Asia’s fintech companies has grown seven times, according to The Future of Fintech in Southeast Asia report by Dealroom, Finch Capital and MDI Ventures. Foreign investors’ surging participation in the Southeast Asian fintech sector
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Assessing the Resilience of SMEs Through the Current Economic Recession
The COVID-19 pandemic has proved to be the perfect trigger to the current economic recession, but the global economy was already weak and debt levels were at all times high. When we published our annual report on the “Defaults and
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Nearly 1.5M Underbanked Filipinos Onboarded With RCBC’s DiskarTech App
With over 2 million mobile app downloads in two months, Rizal Commercial Banking Corporation (RCBC) has pushed for digital adoption, recording more than 1.43 million new accounts onboarded digitally during the lockdown. An estimated 610,000 DiskarTech basic deposit account holders
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Will AI Trigger Massive Job Losses in Financial Services?
In financial services, the adoption of artificial intelligence (AI) is growing rapidly, bringing in a plethora of opportunities for customer experience and personalization. Yet, the question of regulation still lingers and must be addressed to tackle the potential risks of
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DBS’ Report: Asia at the Forefront of the Digital Currency, Payments Revolution
Asia is the largest market for digital payments and will maintain its leading position with an estimated 16% compounded annual growth (CAGR) rate through the first half of this decade, according to a new report by Singapore’s DBS Bank. In
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DBS Ex-Chief Innovation Officer Neal Cross Recounts His Journey from Banker to Entrepreneur
In just two years of commercial operation, Australian wealthtech startup PictureWealth has grown to more than AUD$2 billion in funds under advice, annualized revenues of AUD$20 million, and a client base of over 40,000 customers. This year only, the fast-growing
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