APAC

More banks and institutions are exploring its use for payments and cross-border transfers.

It will be used to extend foreign currency trade to local banks and businesses.

48% are also interested in using digital-only banks to meet their needs.

Banks must invest in transforming capabilities across all four layers of the integrated capability stack, says McKinsey & Co.

Harish Agarwal, Head of Customer Experience Strategy for SEA, India and Hong Kong, Qualtrics.

The number of active mobile wallets is expected to reach 439.7 million by 2025.

They studied ways to expand to new markets, and refined marketing and growth strategies, amongst others.

For EY's Asean Regional Managing Partner, digital transformation is not an option today, but a necessity that has been accelerated by the pandemic.

Three in five consumers from four markets name it as their favoured way of paying.

Amongst the transactions is Alibaba Group’s $5b four-part offering in February.

The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.

AFIN will launch a new digital currency sandbox in APIX.