
Tag "fintech adoption"
Laos’ Fintech Revolution is Still Bank-Led, For Now
In Lao PDR, digital financial services are at a very nascent stage of development, but recent partnerships are seeking to change that by introducing new and innovative fintech solutions. Most of these initiatives are being spearheaded by banking incumbents and
Read MoreSingapore Fintech Report 2022: Fintech Reaches Critical Mass in Singapore
In Singapore, the COVID-19 pandemic has acted as a catalyst for fintech adoption, driving demand for digital payment capabilities, virtual banking experiences and buy now, pay later (BNPL) arrangements. Consumers and businesses are signing up en masse to digital banking
Read MoreGlobal Fintech Adoption Is at an All Time High, EY Study Shows
Consumer adoption of fintech services has surged globally in the past years, rising from 16% in 2015 and 33% in 2017, to now 64%, an increase of almost 100% every two years. China and India are leading the trend with
Read MoreTop Charts and Tables from UOB State of Fintech in ASEAN Report
The financial services industry in the Association of Southeast Asian Nations (ASEAN) region has seen an increase in fintech adoption fueled by the rapid adoption of technology, supportive regulatory regimes and the large population of financially underserved individuals and businesses,
Read MoreFintech Mainstream Adoption To Be Driven By Emerging Markets
Over the past 18 months, adoption of fintech solutions has surged globally with now 33% of digitally active consumers across 20 markets using such products and services compared with 16% in 2015, according to EY’s latest EY Fintech Adoption Index.
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