Financial Technology

The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.

Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.

The banking industry must adapt to this change to keep up with the demands of the market.

A report revealed that demand for talent in the FinTech sector is still outpacing supply.

Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.

This commitment will last for three years.

Valuations of technology stocks, both public and private, are down 60%, analysts said.

In the future, a one-stop-shop may just be the way to go for bank customers.

Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.

Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.

MAS said the current state of cross-border payments is unfit for the 21st century.

Both parties will offer supply chain finance and dynamic discounting solutions.

The $300m in funding secured in H1 was less than half of 2021’s full-year investment value.

Few manage to break even, and those that do are back by conglomerates.

It has launched a savings account with a customizable pockets feature.

WealthTech captured most of the seed funding; Marketplace Lending unlikely to rebound.