Tag "McKinsey"

APAC Drives Record Growth in Global Payments Revenues as Cash Declines — McKinsey

The 2023 McKinsey Global Payments Report has recently illuminated the extraordinary performance of the payments industry in 2022. The APAC region, synonymous with innovation and economic dynamism, remains a focal point of this progress, providing a wealth of opportunities to

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MAS Launches S$5 Million Grant to Fund Scalable Blended Finance Solutions

The Monetary Authority of Singapore (MAS) and Convergence Blended Finance, a global network for blended finance, announced the launch of a S$5 million Asia Climate Solutions Design Grant at the inaugural Transition Finance Towards Net Zero (TFNZ) conference yesterday. Hosted

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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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