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Asian consumers embrace digital banking: McKinsey
Digital banking penetration has grown 1.5 times to three times in emerging Asia since 2014.
CTO appointment to accelerate GrabPay’s growth across SEA
Vikas Agrawal brings two decades of experience from senior engineering roles at startups.
Global VC deal volume drops for the fourth straight quarter: KPMG
Only 2,716 deals completed globally in Q1 2017 compared to 3,201 in Q4 2016.
Digitalisation: Banking challenges amid fintech invasion
The emergence of technology based financial companies or fintech has prompted the banking industry to improve itself.
Singapore leads in digital wallet usage
Singapore leads the region in digital wallet usage. But Gordon Shields at J.D. Power feels there is still a trust gap to be overcome.
Ant Financial to invest in Thai fintech company, Ascend Money
Ant Financial Services Group on Nov 1, announced its global blueprint for promoting digital financial inclusion, and a strategic agreement with Ascend Money, a fintech company in Thailand.
Digital media venture DealStreetAsia lands first round of funding
DealStreetAsia announced it has landed its first round of funding, an undisclosed amount from angel investor Vijay Shekhar Sharma, the Singapore Angel Network (SGAN), and others.
APAC outpacing rest of the world in mobile payments: IDC
Mobile payment growth in Asia Pacific is outpacing the rest of the world, and will make up half of the global market by 2017, according to International Data Corporation (IDC).
