In global terms, the world has experienced a skyrocketing demand in digital payment and banking services after two years of struggle with the pandemics. With an over 50% increase in mobile app usage in Hong Kong and Singapore, this unprecedented growth drives a massive opportunity in digital banking across Asia.[1] It changes the landscape of traditional banking and creates a…

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The COVID-19 crisis has changed the meaning of “dine out” and “window shopping”. According to the 2021 Q2 Consumer Survey conducted by GlobalData, a leading data and analytics company, 58% of respondents are concerned to go out to public areas due to covid-19 health risks in Asia. [1] The pandemics cannibalise fast and hard on old-fashioned restaurants that notoriously slack…

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A cashless society draws closer to us than ever. As smartphones become more accessible even in developing countries, mobile payment has gone viral around the globe. People no longer need to carry their wallets and have time to wait for an international wire transfer that would potentially take days to execute. Banks are slowly shutting down their branches and ATM…

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