Tag "Asia"
McKinsey: Banks Need to Reinvent Themselves or They Will Eventually Disappear
In Asia, consumers’ tech-savviness, the rise of fintech, and advances in technology are requiring banks to reinvent themselves, according to a new report by McKinsey. In a paper titled Future of Asia Banking: How Asia is reinvesting banking for the
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What are Stablecoins and Why Is it Growing in Asia?
Stablecoins are cryptocurrencies designed to minimize price volatility, it is often praised for offering the advantages of cryptocurrencies, including transparency, efficiency and low transaction fees, while overcoming the wild price swings inherent to the likes of bitcoin and ether. Proponents
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Asian Development Bank Report Suggests That Blockchain Can Help SMEs Gain Funding
Digital innovation and in particular blockchain technology can increase small business access to finance, according to a new study by Asian Development Bank. In a report, titled Fintech for Asian SMEs, ADB explores how technologies such as distributed ledger technology
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Facial Recognition Authentication: Is It Good Enough to Fight Financial Fraud?
More than 2800 branches were closed in the UK between 2015 and the end of 2018, and a similar trajectory can be seen across the globe. This trend is driving traditional banks to switch to expand their businesses digital channels,
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15 Fintech Maps Showcasing the State of Fintech in Asia
On many aspects, Asia is leading the fintech revolution. First, in terms of consumer adoption of fintech products, more than half of adult consumers active online in China and India, the two most populous countries in the world, regularly use
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Fintech News Network: 12 Infographics Showcasing the State of Fintech Around the World
2018 was an exciting year for fintech around the world with many developments across Europe, Asia and the Middle East. Worldwide, fintech companies raised a whopping US$57.9 billion through 875 deals in the first six months of 2018 alone, already
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Asia: 100 Insurtech Companies and Counting
Advances in digital innovations and cutting-edge technologies as well as evolving customer preferences are creating the need for digital agility in the insurance sector. Insurtech, a subset of fintech that refers to the use of technology innovations to squeeze out
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12 Proptech Companies in Asia You Should Know
Proptech, a term that refers to the use of technology as a solution to challenges in the real estate sector, has witnessed rapid adoption around the world, but most particularly in Asia Pacific (APAC). According to a report by JLL
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5 Cool Upcoming Unconferences and BarCamps in Asia
An unconference is a participant-driven meeting, structured and led by the people attending it. Instead of passive listening, attendees and organizers are encouraged to present or facilitate a session or otherwise contribute to the event, becoming active participants. At an
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Best Personal Finance Blogs in Singapore and Asia
Whether you are looking to save up for your dream house or start a small business, these personal finance bloggers in Asia will teach you everything you need to know about budgeting, smart-savings. investing, as well as the latest trends
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