The mobile payments have expanded rapidly in the SAR, led by Chinese tech firms. Payment providers expect more use cases to be explored, as well as integration with traditional payment methods such as credit cards.
The Singapore-based head of commercial and money movement solutions on partnerships, risk management and digitalisation, in the rapidly expanding universe of commercial payments.
Embedded credit risk decisioning technology will give greater access for MSMEs to make loan applications, and could drive financial inclusion amid the government’s push for digitisation.
With his addition, the global technology and management consultancy hopes to further build its digital transformation agenda and expand innovation capacity across the insurance value chain.
B2B enterprises in Hong Kong are less satisfied with current digital payment capabilities than their B2C peers, while procurement continues to rely on traditional payment methods.
The Filipino digital subsidiary of Union Bank is advancing its digital transformation agenda in order to improve financing access for SMEs and lower lending costs.
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