Tag: Asia Pacific (APAC)
Southeast Asia’s Cross Border Transfer Industry Landscape
APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner
Less Than 5% of the World’s 400 Neobanks are Profitable
Fintech Companies in Southeast Asia Raised US$1.4B in Q1 2022
BNPL Predicted to Be Singapore’s Fastest Growing Online Payment Method by 2025
In Singapore, alternative payment methods including buy now, pay later (BNPL) arrangements and digital wallets, are surging in popularity. By 2025, fintech software provider FIS projects that these payment methods
The post BNPL Predicted to Be Singapore’s Fastest Growing Online Payment Method by 2025 appeared first on Fintech Singapore.
Are Banks Ready to Say Goodbye to Passwords?
Passwords have been around for decades, having first been introduced back in the 1960s as a concept of authentication to cybersecurity. Since then, technology has evolved, consumer behavior has changed,
The post Are Banks Ready to Say Goodbye to Passwords? appeared first on Fintech Singapore.
Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says
Over the past year, organisations in Asia have embraced the zero trust security framework at a fast pace, recognising the need to upgrade their IT security strategy to address the
The post Asian Firms Are Quick to Embrace Zero Trust Security Framework, Okta Survey Says appeared first on Fintech Singapore.
Unlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments
In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and embedded financial solutions as small, online businesses embrace digital technologies to broaden
The post Unlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments appeared first on Fintech Singapore.
How Can Banks Straddle the Fine Line Between Security and User Experience
Banking is becoming increasingly digital in Asia. Boston Consulting Group estimates that Asia Pacific (APAC) houses about 50 of the 249 digital banks worldwide, and 10 out of the 13
The post How Can Banks Straddle the Fine Line Between Security and User Experience appeared first on Fintech Singapore.
Vast Majority of Investors in Emerging Markets Plan to Increase their Crypto Investments
Roughly 75% of investors in emerging markets plan on increasing their holdings of cryptocurrency, according to a new study from consumer insight and analytics firm Toluna. The crypto-keen investors in emerging markets overshadows those in developed markets, of which only 57% responded saying they planned to grow their digital investments. Toluna says that crypto is […]
The post Vast Majority of Investors in Emerging Markets Plan to Increase their Crypto Investments appeared first on Coin Bureau.
APAC’s Traditional Banks Are Shifting to a Cloud-First Strategy to Combat Digital Banks
Growing competition from new cloud native technology players, and rising demand from customers for digital-first, intelligent services are forcing banks in Asia-Pacific (APAC) to migrate to cloud-based infrastructure and become
The post APAC’s Traditional Banks Are Shifting to a Cloud-First Strategy to Combat Digital Banks appeared first on Fintech Singapore.
‘High expectations within institutions’ for wide-scale crypto adoption in 2022
China, India and Indonesia Record Highest Digital Wallet Adoption Rates Across APAC
Across Asia Pacific (APAC), China, India and Indonesia are leading the region in digital wallet adoption. A new report by business payment company PPRO found that in these three markets,
The post China, India and Indonesia Record Highest Digital Wallet Adoption Rates Across APAC appeared first on Fintech Singapore.