Tag "Southeast Asia"
Open Banking in APAC: Market-Led vs Regulator-Led Approaches
Open banking is steadily making its way into Asia-Pacific (APAC), and though the industry remains largely nascent compared with pioneers like to European Union, adoption is increasing at a stable pace, enabled by new regulatory frameworks and market-led initiatives. A
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Singapore Leads ASEAN’s Climate Fintech Revolution Amid Climate Emergency
The climate crisis is a defining challenge for Southeast Asia, a region that’s among the most vulnerable to global warming but which also significantly contribute to its cause. Against this backdrop, a new generation of fintech startups are emerging out
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How Gen-Zs Are Redefining Payments
Southeast Asia’s payment ecosystem is undergoing a profound transformation, fueled by rapid adoption of digital payments, modernization initiatives by governments and a burgeoning consumer base of mobile-first young adults with new habits and expectations, a new blog post by payment
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Top 10 Wealthtech Players from Southeast Asia to Watch in 2023
2022 has been a challenging year for fintech startups as investors scaled back their investment, valuations plummeted and tech firms were forced to undergo massive layoffs. But despite turbulent market conditions and shrinking fintech funding activity, several wealthtech players in Southeast
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Singapore Fintech Sector Moves to Scale-Up Phase
Over the years, Singapore has successfully fostered the development of a striving fintech ecosystem, leveraging its historical financial, technological and regulatory strengths. Today, Singapore is one of the Southeast Asia’s fintech leaders and is home to a vast community of
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Southeast Asia’s Cross Border Transfer Industry Landscape
Southeast Asia’s money transfer market is a dynamic and fast-evolving sector that has been impacted by increased digitalization, rapid adoption of digital wallets, and the rise of so-called super-apps. A new report by FXC Intelligence, a financial data company specializing
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Singapore Dominates Nearly Half of All Fintech Funding in ASEAN
Results from the UOB study were shared in the latest Fintech in ASEAN report, an annual report by UOB, PwC Singapore and the Singapore Fintech Association, which looks at the state of fintech in Southeast Asia and venture capital (VC)
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Mastercard’s Study Shows That Buy Now, Pay Later Is Rising in Popularity in APAC
Buy now, pay later (BNPL) options are rising in popularity in Asia-Pacific (APAC) where consumers are increasingly turning to these payment arrangements to pay for bigger-ticket items like electronics and appliances, findings from a Mastercard study show. A survey conducted
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Southeast Asian Nations Roll Out Digital Nomad Visa Schemes
Malaysia has become the latest nation in Southeast Asia to roll out a digital nomad visa scheme, a move that’s intended to turn the country into a major remote work hub in the region and boost digital adoption domestically. Supported
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Could Decentralized Finance (DeFi) Redefine Banking in South East Asia?
Decentralized finance – often called “DeFi” – is a hot topic in the cryptocurrency world, with billions of dollars’ worth of value locked into various protocols and platforms. At its core, the decentralized finance movement aims to upend the decades-old
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