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Companies across the globe are progressively employing the Chinese yuan in an array of contexts, as noted in a recent study by Standard Chartered. These contexts range from settling trade transactions to financing supply chains. A growing number of…
5G technology is quickly gaining traction in the Asia-Pacific region, with its compound annual growth rate (CAGR) projected to climb by 11.4%. This surge is anticipated to elevate the number of 5G connections from 2.7 billion in 2025 to 4.6 billion by 2030.…
United Overseas Bank (UOB) CEO, Wee Ee Cheong, recently expressed his concerns over the potential risks that come with the swift implementation of technology. He emphasized that in the financial services sector, ensuring security and maintaining trust is…
Grab Holdings Inc. surpassed projected revenues for the third quarter, thanks to strong consumer spending on its ride-hailing and food delivery services. The increase in user numbers can be linked to the company’s efforts in expanding its platform. Grab’s…
Almost half (47 percent) of all financial institutions in the republic have invested in banking-as-a-service in the last year, and 45 percent are looking to do so in the next 12 months, according to a new survey by Finastra. Financial institutions (FIs) in…
Google has released its Year in Search 2019 report for Southeast Asia, showing that 90 percent of the region’s 360 million internet users now connect primarily via mobile phones. The report offers five key search insights for brands in the territory seeking…
With 5G being available in the enterprise market, it is expected to generate around AUD45 billion ($31.1 billion) in value per year by the mid-2020s. The economic earnings will come from next-generation application development, IT services, platforms, and…
Retailers will connect 12.5 billion business assets such as products, digital signs and Bluetooth beacons to IoT platforms by 2021, up from 2.7 billion in 2016, Juniper Research has predicted. The company has argued ‘next-gen’ processes, such as personalized…
Mobile device adoption in the workplace is not yet mature, research from Gartner indicates. Although 80% of workers surveyed by the analyst company received one or more corporate-issued devices, desktops are still the most popular corporate device among…
LTE-Advanced deployments have reached the mainstream adoption phase, according to the latest GSA figures. LTE-Advanced now accounts for 147 of the 521 commercial LTE networks that have been launched worldwide, while LTE-Advanced Pro is used in a further 9,…
