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Most Asian companies unconvinced by blockchain’s use in trade finance
Wed, August 08, 2018GTReviewThe majority of Asia’s top 1,000 companies are unconvinced that digital technologies such as blockchain will improve their trade finance experience.
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Fintech payment services appealing to Asian corporates
Fri, August 03, 2018Competition is heating up between fintech and traditional bank payments, with record investment growth in global fintechs, while Asian corporates are increasingly attracted towards payment services from non-bank fintech providers. Firstly, a report from KPMG found that global fintech investment grew at a record pace in the first half of 2018, with US$57.9 billion invested across 875 deals. This is a significant increase on the US$38.1 billion invested in all of 2017, according to the KPMG Pulse of Fintech report.
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Half of Asia’s companies want to switch to non-banks for payments
Wed, August 01, 2018More than half of Asian corporates are considering switching to non-bank providers for part of their payments services.