Tag "Asia"
UOB: Asian SMEs, Large Enterprises Are Embracing Digitalization
In Southeast Asia and Greater China, small-, medium- and large-sized enterprises are embracing digital tools to adapt to the rapidly changing business landscape, expand internationally and address supply chain challenges, a new study by the United Overseas Bank (UOB) found.
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McKinsey: Asia’s Booming Affluent Segments Introduce New Opportunities in Digital Wealth
In Asia, the wealth of affluent and mass-affluent customer segments is growing rapidly, bringing about new opportunities and growth prospects for banks and wealth managers alike in the region. But to tap into this opportunity, services providers will need to
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Top Fintech Events Taking Place in Asia in Q1 2023
Fintech is one of the most dynamic industries in Asia, a booming sector that’s risen on the back of rapid adoption of digital financial solutions, soaring funding activity and the presence of a young and digitally-savvy population that’s eager to
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Digital Assets Wealth Management: A US$54B Opportunity for Asia’s Wealth Managers
In Asia, adoption of digital assets as an investment is growing at a staggering pace, emerging this year as the fifth largest asset class in the region. But despite soaring demand from investors, the majority of wealth management firms are
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10 Upcoming Fintech Webinars to Watch Live if You’re in Asia
Since the beginning of the pandemic, webinars and online events have become a quick and effective way for professionals to build their knowledge and keep up with industry developments. Although governments and businesses have since removed some physical restrictions, these
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Real-Time Digital Payments Volume Surges 48% in Singapore
Singaporeans are moving away from paper-based payments and embracing real-time digital payments and mobile wallets, a shift that has accelerated with COVID-19, a new report by ACI Worldwide Real-Time Payments and GlobalData says. 2021 Prime-Time for Real Time, a global
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The Future of Finance: How to Cope With Open Banking In Emerging Asia
For more than a decade, Asia has been the largest regional banking market and as the continent’s massive middle class continues to grow, McKinsey expects personal financial assets in the region to reach US$69 trillion by 2025, or 75% of
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SPAC Frenzy Takes Hold of Asia
After explosive growth in the US, the craze surrounding special purpose acquisition companies, or SPACs, is now heading to Asia. Analysts believe that Southeast Asia, where the tech startup scene has thrived on economic growth and a need to boost
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6 Key Players in Asia’s Buy Now Pay Later (BNPL) Battleground
‘Buy now, pay later’ (BNPL) adoption is set to grow exponentially in the coming years with Asia Pacific (APAC) being the key driver. A study by Coherent Market Insights estimates that the global BNPL was valued at US$7.3 billion in 2019,
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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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