Digital Revolution: Top Five Trends Discussed at Hong Kong FinTech Week 2023
Sarah Atiq
Euromonitor International joined the Hong Kong FinTech Week (HKFW) 2023, identifying five key trends with global impact shaping the future of finance: namely cross-border transactions; artificial intelligence (AI); embedded finance; digitalisation and ESG opportunities. Besides cross-border transactions discussed in a prior article, this opinion focuses on the latter four key trends.
Five Success Factors of Cross-Border Transactions Discussed at Hong Kong FinTech Week 2023
Sarah Atiq
Cross-border transactions was a key trend discussed during the Hong Kong FinTech Week 2023, with a focus on better international inter-operability, faster speed, lower cost, higher security and more practical features.
BNPL: Exploring Emerging Applications and Regulatory Developments
Frida Polyak
Buy Now, Pay Later (BNPL), the modern-day credit, quickly reached even the smallest segments of retail and the services industries over the past years. Today, the payment alternative is commonly used to cover daily necessities. While there is no BNPL regulation in place to date, imminent regulatory frameworks will most likely accelerate market consolidation and a slowdown in development. However, the impact is expected to be proportional to the extent of regulation.
Singapore Fintech Festival 2023
Euromonitor International
The Singapore FinTech Festival 2023, which will be held from 15-17 November, will focus on the growth and adoption of AI and how this technology can potentially be used in financial services.
Money 20/20 USA
Euromonitor International
Money20/20 USA is the world’s biggest, most influential gathering of the global money ecosystem.
Cross-Border Transaction Development in Asia Pacific Part II: Contactless, QR Payment and Instant Transfer
David Zhang
Following Euromonitor International’s first article on cross-border transaction development in Asia Pacific, this second piece explains the latest developments in the region that can help support demand for travel, remittances and e-commerce, as well as identifying the challenges ahead.
Cross-Border Transaction Development in Asia Pacific Part I: Driving Factors
David Zhang
In this first of two articles looking at cross-border transaction development in Asia Pacific, Euromonitor International analyses the key driving factors in economy growth, developing digital infrastructure, as well as growing travel, remittance, e-commerce and trading.
Digital Transformation in Commercial Payments
Greg Curtiss
A digital transformation in B2B commercial payments appears to be afoot. Financial business decision-makers across all types of organisations increasingly seek more efficient, streamlined, intuitive digital payment management tools.
Eight Key Areas in Digital Transformation in Retail Banking
David Zhang
Commercial rental costs have increased in strategic locations in key markets such as Singapore which has posed serious challenges for traditional banks which are still largely relying on their offline staff and networks of retail branches to compete, despite launching apps and websites with banking product-centred design. Can their digital channels close the gap left by closed branches and removed ATMs?