Showing 1 - 8 of 8
Teaming up for the future of digital currency
Asia focus, Suwatchai Songwanich, Published on 15/03/2021
» China recently joined the United Arab Emirates, Hong Kong and the Bank of Thailand in a joint project that aims to get more Asian central banks to explore the potential of distributed ledger technology, also known as blockchain, to enhance the digital financial infrastructure for cross-border payments.
Banking on the unbanked
Asia focus, Suwatchai Songwanich, Published on 22/02/2021
» Southeast Asia's fintech scene is going from strength to strength, with the regional industry valued at up to US$100 billion at the end of last year. Yet it has so far only produced a handful of unicorns -- startups valued at more than $1 billion.
The race to regulate fintech
Asia focus, Suwatchai Songwanich, Published on 30/11/2020
» The recent aborted initial public offering (IPO) of Ant Group, which was set to be the biggest in history, was a stark reminder of just how important and closely watched the fintech industry is globally.
China's e-commerce evolution
Asia focus, Suwatchai Songwanich, Published on 28/09/2020
» China's government is preparing to accelerate the growth of its already rapidly expanding e-commerce sector by establishing 15 new national e-commerce demonstration bases. These are industry clusters for e-commerce companies and the incubation platforms needed to foster the sector's development.
Questions surround cutting-edge tech
Asia focus, Suwatchai Songwanich, Published on 07/09/2020
» As 5G technology continues to roll out around the world and digital storage becomes cheaper and more efficient, the profound impact this will have on the business world is becoming clearer than ever.
Rewiring global payment systems
Asia focus, Suwatchai Songwanich, Published on 01/06/2020
» Chinese technology companies are redefining global payment systems and reconfiguring money channels across the world.
China 'faces up' to payment tech
Asia focus, Suwatchai Songwanich, Published on 10/02/2020
» About half of China's population is expected to adopt payment by facial recognition, the next technological stage in a country where mobile payments are already the most advanced and ubiquitous in the world, within this year. About 118 million Chinese signed up for facial recognition payment last year, compared with 61 million in 2018.
China's cryptocurrency crackdown
Asia focus, Suwatchai Songwanich, Published on 16/12/2019
» Weibo, China's largest microblogging service, has banned the cryptocurrency exchange giants Binance and Tron from its platform amid what appears to be a fresh crackdown on digital currency trading in China. At the same time, watchdogs in Shanghai issued notices calling for a cleanup of companies involved in cryptocurrency trading, while Beijing's regulator warned against illegal exchange operations.