Studies

Navigating APAC’s Financial Transformation for Customer and Competitive Gains

In a region experiencing rapid digitalisation, Asia-Pacific is projected to lead global cashless transaction growth and surpass 50% of the world’s volumes, according to the PwC Payments 2025 & Beyond report. Although presenting abundant growth opportunities, this dynamic landscape brings

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Banks 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,

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Lending is the Single Largest Fintech Revenue Driver in Southeast Asia

The digital economy of Southeast Asia remains robust, its resilience cemented by digital financial services that have proven to be the bedrock of growth amidst the pandemic and prevailing economic turbulence. The link between revenue and gross merchandise value (GMV)

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Banks View Tech Giants as Their Biggest Threat

Banks are growing increasingly concerned about competition from technology and e-commerce disruptors, with firms like Google, Facebook and Microsoft being now perceived among their biggest competitors in the next five years, a new study conducted by Economist Impact and commissioned

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McKinsey Wealthtech in APAC Report: 2.25 Trillion Valuation by 2027

In Asia-Pacific (APAC), the nascent wealthtech sector is poised to witness strong growth, a rise which will be driven by technological advancements, the region’s increasing wealth as well as its large affluent segment which has so far remained largely untapped

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Southeast Asia Digital Economy Set to Hit US$100 Billion in Revenue

In an era marked by rapid technological advancements and economic unpredictability, Southeast Asia stands out with a digital economy that is not just surviving, but thriving. The e-Conomy SEA 2023 report from Google, Temasek, and Bain & Company provides a

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Entrust Report Highlights Shifting Consumer Trends in Banking and Payment Tech

The Entrust Cybersecurity Institute has recently published the Digital-First Banking report, which is a comprehensive analysis of the evolving preferences and attitudes towards digital banking. Financial services’ cybersecurity specialists Entrust has the Cybersecurity Institute research house to curate insights for

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Green Fintech Picks up Steam in ASEAN Amid Growing Investor Interest, Business Adoption

In Southeast Asia and the broader Asia-Pacific (APAC) region, green fintech is picking up steam and growing on the back of increasing climate-related regulations, growing adoption of sustainable practices among Asian businesses, and rising investors’ interest, a new report by

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Early-Stage Fintechs Grab Half of ASEAN Funding as Green Fintechs Gain Traction

According to the recent “Fintech in ASEAN 2023: Seeding the Green Transition” report, jointly released by UOB, PwC Singapore, and the Singapore Fintech Association (SFA), there is a growing interest in sustainable finance solutions despite the broader funding winter affecting

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