Search Results for "Tima"
Addressing the Silent Crisis of Failed Payments
In a global financial landscape where efficiency and accuracy are paramount, the challenge of failed payments is a significant hurdle for small and medium-sized enterprises (SMEs) and financial institutions (FIs), particularly in a vibrant market like Singapore. This issue transcends
Read MoreVietnam and Cambodia Unveil Cross-Border QR Payment Connectivity
The central banks of Vietnam and Cambodia officially launched a cross-border QR payment linkage between the two neighbours on December 3, 2023, at a launching ceremony in Cambodia’s Siem Reap province. The Governor of the State Bank of Vietnam (SBV),
Read MoreBeyond Onboarding: Maximising Customer Value through Risk Decisioning in APAC
Discussions about risk decisioning platforms often center around onboarding and loan origination. However, investing at the start of the journey is just one aspect of the puzzle. Growth relies not only on attracting new customers but also on maximising the
Read MoreNGFS: Globally Coordinated Effort Needed to Unleash Full Potential of Blended Finance
The Network for Greening the Financial System (NGFS) released a new technical document, focusing on the expansion of blended finance in Emerging Market and Developing Economies (EMDEs) for climate change mitigation and adaptation. Formed in 2017, the NGFS is a
Read MoreGlobal ESG Fintech Investment Expected to Exceed US$ 100 Billion This Decade
Despite high-interest rates, plunging fintech valuations, and a slowdown in external deal activity, the environmental, social and governance (ESG) fintech sector is proving resilient and continuing to thrive as evidenced by the ESG fintech investment reaching an all-time high just
Read MoreBreaching the New Frontier in Payments Security and Compliance Automation
The complexity of the fintech sector is increasing with sophisticated fraud schemes and personal data compromises, counterbalanced with breakthroughs where automation in payments security and compliance automation are catching up, and playing a pivotal role in how digital fraud will
Read MoreOJK Unveils New Roadmap to Strengthen and Develop Indonesia’s Sharia Banking
The Financial Services Authority (OJK) of Indonesia has unveiled its Islamic banking roadmap to enhance the resilience and impact of the Sharia banking sector in the country. An update from the previous plan, the 2023-2027 Roadmap for the Development and
Read MoreTackling the US$2 Trillion Funding Shortfall for Asia Pacific’s SMEs
Small and medium enterprises (SMEs) are vital in driving economic growth, particularly in developing countries, as they significantly contribute to the GDP and play a key role in job creation. According to the Asian Development Bank, SMEs make up 98%
Read MoreBanks View Fintechs as the Biggest Threat to Their Cross-Border Payments Business
Traditional lenders are losing market share in cross-border payments to non-banks, with digital challengers and fintech startups rapidly gaining ground by solving some of the most critical issues in the sector including its high fees, inefficiencies and slow transaction speeds,
Read MoreSingapore Fintech Festival 2023: Top 9 Highlights You Might Have Missed
The Singapore Fintech Festival (SFF) wrapped up its annual event on November 17, 2023, concluding a multi-day fintech program that attracted an estimated audience 60,000+ attendees. This year’s SFF brought together leaders and experts from around the world in finance,
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