APAC

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

About $8b were added in Q2.

Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, a leading NFT creatives and production company with over 100 intellectual properties (IPs), to contribute to building a sustainable digital creativity space.

Over 140 banks were awarded in this year’s programme.

Banks have to remain consistent and continuous in testing best practices.

For PwC’s Asia Pacific Financial Services leader, the lines between business, digital, and technology are blurring.

About 750 new accounts have been opened in four APAC markets through the new portal.

It opens up new revenue models and lowers the cost-to-serve.

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.