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Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

Fintech News

These incumbents had made a strong entry, collectively achieving a 23% penetration rate and securing the fifth position, the data show. Top digital financial platforms in Vietnam by penetration rate (%), Source: The Connected Consumer Q4 2023, Decision Labs, 2024 This came amid the entry of Apple Pay in the Vietnamese market in August 2023.

Finance 117
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Sleepless In 2017: The Eight Big Shifts That Should Keep FIs, Retailers and Payments Execs Up At Night

PYMNTS

For consumers to decide that messaging apps are their new commerce point of entry will require that the apps within them get much smarter and the user interface much slicker. A couple of years ago, making the point that commerce could go anywhere was likely a discussion about giving a micro-merchant a dongle that could connect to their phone.

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11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

Endowus Endowus illustration, Source: Endowus Founded in 2017, Endowus is a leading independent digital wealth platform in Asia, licensed by the Securities and Futures Commission of Hong Kong and the Monetary Authority of Singapore (MAS). In 2023, the Group expanded its offerings into Germany, signaling its entry into the European market.

FinTech 109
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Sleepless In 2017: The Eight Big Shifts That Should Keep FIs, Retailers and Payments Execs Up At Night

PYMNTS

For consumers to decide that messaging apps are their new commerce point of entry will require that the apps within them get much smarter and the user interface much slicker. A couple of years ago, making the point that commerce could go anywhere was likely a discussion about giving a micro-merchant a dongle that could connect to their phone.

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How Robots Are Shaking Up The Grocery Industry

PYMNTS

For example, Takeoff Technologies uses extra space in a grocery store to construct automated micro-fulfillment centers (a concept also suitable, in theory at least, for pharmacies, convenience stores and quick-service restaurants (QSRs). percent between 2017 and 2022. Location also plays a role. Ocado Robots.

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Micro-Businesses? Major Role In SMB Banking Disruption

PYMNTS

Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. “Over the last 10 or 15 years, we’ve seen a lot of micro-businesses emerge that do a lot with fewer people.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. Investing: Robo-advisors and micro-investing lower barriers to entry. Investing: Robo-advisors and micro-investing lower barriers to entry. Payments: Mobile is replacing cash. Active investing.

Finance 77