Finextra’s Post

As more and more customers expect digital access to financial services, scalable solutions are imperative for #finserv players in APAC. While the likes of Alipay and WeChat attempt to bridge the gap between the banked and #unbanked, #innovation must ensure it is fit for purpose for all. Hear more from PVcomBank CTO & CDO Trinh Vinh Hien and Temenos Managing Director - APAC Ramki Ramakrishnan here: Fintech in Asia: https://lnkd.in/e3JUF3Fm #TCF2024

The Second Wave - Resilient , Inclusive, Exponential Fintechs. A flagship report published by BCG extends great insights on the global fintech trends and the progressive landscape of Digital Bharat. https://lnkd.in/d4m7EunE

Asia's fintech revolution faces hurdles from regulations to internal coordination. Overcoming challenges is key to unlocking the region's fintech potential. The Finastra and East & Partners survey highlights banks' intent to connect with #fintechs but emphasizes internal barriers. Asia's fragmented regulatory landscape hampers #scalability, and #data protection laws vary, hindering unified progress. Learn more https://lnkd.in/g-3RHaab

Money20/20 Asia - Fintech News Singapore: ... fintech across the region. ... Discover the latest trends, connect with key players, and gain invaluable insights to stay ahead in the dynamic world of ...

Japan Fintech Market Size, Share, Price, Report 2023-2028 Explore Full Report: https://lnkd.in/epjnXRwF The Japan fintech industry has witnessed robust growth, driven by the supportive regulatory framework. #IndiaCarmineMarket #markettrends #marketresearch #marketreport

Look ahead to the future of financial innovation in Asia, with this guide to some of the must-read fintech resources to gear up for 2024. #APACPayments #PaymentsModernization #CrossBorderPayments

As fintech continues to reshape the financial landscape, I am curious to know: What do you see as the most significant hurdle facing fintech in your region, and what potential solutions can you envision? #fintech #digitaltransformation #financialservices #digitalpayments

The Future of Financial Services and Trust in the MENA Region Last WhiteSight report in collaboration with Arab Financial Services and Brankas discusses how Open Banking is transforming the finance industry in the MENA region. It highlights the benefits of Open Banking, such as building customer trust, driving innovation, and fostering collaboration with fintech startups. Key points : ▪️ Open Banking in the MENA region🌍is enabling banks to win customer trust and drive innovation. 🔐🚀 ▪️ It encourages collaboration 🤝 between traditional banks and fintech startups.💡 ▪️ It discusses the challenges and opportunities of Open Banking. 💼 ▪️ The MENA region is embracing inclusive and digital-savvy business models To explore the full report, click here ➡️: https://lnkd.in/eApPvH-u

The #fintech landscape is rapidly evolving, driven by global instant payment schemes and regulatory changes that facilitate smoother cross-border transactions. This transformation is fostering increased M&A activity as industry fundamentals strengthen. 💡 Treasury's Strategic Role: Treasuries are leveraging #AI to boost profitability and efficiency. AI spending in the financial sector is expected to grow from $35 billion in 2023 to $97 billion in 2027. 🌍 Global Instant Payments: The G20's commitment to revamping cross-border payments by 2027 is leading to interconnected systems in regions like the UK, Europe, the US, and Asia-Pacific, ensuring faster and more cost-effective transactions. 📊 Fintech Stocks Surge: Fintech #stocks have surged by 23.35% in the past 6 months, reflecting an improved interest rate outlook and focus on cost discipline, profitability, and sustainability. 💳 Future of Digital Payments; #DigitalPayments are set to triple in the next five years, driven by real-time payments and “Buy now, pay later” (BNPL) services. The global number of digital payment users is expected to reach 4.81 billion by 2028. How will current trends shape the future of fintech? #Startacrowd #MarketInsights #Innovation #Investing

🤝 "𝐋𝐞𝐠𝐚𝐜𝐲 𝐛𝐚𝐧𝐤𝐬 𝐬𝐡𝐨𝐮𝐥𝐝 𝐥𝐨𝐨𝐤 𝐭𝐨 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐰𝐢𝐭𝐡 𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐬𝐭 𝐟𝐢𝐧𝐭𝐞𝐜𝐡𝐬 𝐭𝐨 𝐚𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧. 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐫𝐨𝐦 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐫𝐬 𝐨𝐟𝐟𝐞𝐫𝐢𝐧𝐠 𝐀𝐏𝐈𝐬 𝐜𝐚𝐧 𝐞𝐚𝐬𝐢𝐥𝐲 𝐩𝐥𝐮𝐠 𝐢𝐧𝐭𝐨 𝐞𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐬𝐲𝐬𝐭𝐞𝐦𝐬, 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐢𝐧𝐠 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐚𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧.": Jamil Jiva, Global Head of Asset Management at Linedata ✍️ FinTech Magazine's Louis Thompsett interviewed Jamil and other industry experts in this well-crafted piece on the importance of digital ecosystems in today's financial services and the future of finserv partnerships. 🗐 Read the full article: "Digital Ecosystems: An Era of Collaboration in Finserv" on pages 69-79. #DigitalTransformation #Fintech #AI