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More than half of adults living in ASEAN are unbanked and, according to new academic research, fintech companies are not working hard enough to change this.
Treasurers from Nokia, Isuzu Motors and Rio Tinto spoke at a panel at GTR Asia about the challenges of their ‘corporate innovation’ journeys
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
The partnership will allow its clients to reach a greater pool of Vietnamese consumers. Meanwhile, Chinese giants Alipay and WeChat Pay are also expected to make an entrance in the market.
From Kasikornbank in Thailand to HDFC in India, large corporates increasingly turn to local Asian banks over global players to meet their corporate banking needs in Asian markets.