Fintech startups are disrupting traditional banking across the globe. How are ASEAN’s banks responding to this crisis of obsolescence?
Will picking up new skills be enough to protect Singaporeans from automation-induced job losses in uncertain times ahead?
Credit card usage is on the rise in markets across the world. But the positives are offset by the rise of digital payment solutions, especially in the Asia-Pacific region.
ASEAN’s unique market conditions put the region’s fintech development on a different trajectory from the West. These three trends will likely influence the future of fintech in the ASEAN region.
Plagued with rigid internal processes and an intolerance to change, the traditional world of banking and finance is welcoming blockchain technologies. Smart contracts are transforming financial institutions by reducing bureaucracy, overheads and processing times.
Counterfeit goods are a growing global scourge, causing billions of dollars’ worth of losses and damages. Efforts to curb counterfeiting have failed so far but blockchain could hold the answers.
Singapore has emerged as an insurtech investment hub. But policyholders are yet to see significant benefits. Will insurtech bring consumer rewards or is it more hype than substance?
Despite the strong growth of real estate markets in the region, proptech startups are still finding their feet in Southeast Asia. Fintech might hold the key to revolutionising ASEAN’s real estate markets.
Singapore’s regulatory body is debating giving out licenses to digital-only banks. How does this affect the established banking regime as well as possible customers in the country?
Nets Group is helping Myanmar develop its own QR code system, based on the famous SGQR framework in Singapore. How will this impact the payment landscape in Myanmar?