Studies

95% of Singapore Travel Firms Eye Payment Tech Upgrades as Top Priority

The travel industry, once central to global commerce, has seen major changes due to the COVID-19 pandemic – especially in payments and financial operations. The 2024 State of Payments in the Travel Industry Report by Airwallex and Skift analyses these

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APAC’s Developing Countries Leading the Way in Generative AI Adoption

Developing countries in the Asia-Pacific (APAC) region are embracing generative artificial intelligence (gen AI) at a faster pace than their advanced counterparts, driven by young employees and students, a new survey by Deloitte found. A 2024 study by Deloitte surveyed

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The Future of Digital Remittance in Asia

In today’s interconnected world, digital remittance in Asia and the movement of money across borders have become essential aspects of global finance. Billions of dollars traverse the globe every second, with a significant portion of these transactions originating from individuals,

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The Rise of the Gaming Industry: A Segment That Fintech Cannot Ignore

Gaming has emerged as a dominant force in the bustling landscape of global entertainment, transforming from a niche hobby into a mainstream phenomenon. The evolution of the gaming industry is not just about the latest consoles or the most immersive

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13 Top Cross-Border Payments Companies in Asia

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.

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Here Are 2024’s Top VC Fintech Funding Rounds in Asia So Far

In Q1 2024, fintech venture capital (VC) funding experienced a notable decline, dropping by 16% compared to the previous quarter, new data released by market intelligence platform CB Insights show. The total funding amounted to US$7.3 billion, marking the lowest

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From Compliance to Competitive Edge: The Open Finance Revolution in Asia

Asia’s financial sector is undergoing an evolution that promises to reshape the foundations of banking. At the heart of this transformation lies the concept of Open Finance – a paradigm shift that transcends traditional banking boundaries to usher in an

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Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times

In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista, technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.

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Airwallex Report: Singaporean Shoppers Demand Payment Flexibility, Transparency

While concerns of volatile macroeconomic conditions persist into 2024, there are signs that point to continued growth in global cross-border e-commerce, including for consumers and merchants in Singapore. In a recent global study conducted by global payments and financial platform

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Over Half of Surveyed Singapore Users Own Cryptocurrency

In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for its forward-thinking approach to fintech and digital innovation, is no exception. Interestingly, Singapore’s consumer cryptocurrency ownership is high among those

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