The pandemic is driving a digital-first mindset around financial services in Vietnam

Consumers more likely to open an account digitally than a year ago. FICO’s 2021 digital banking survey shows that people in Vietnam expect a seamless banking experience when it comes to opening an account via a mobile app or website, with two in five expecting to answer 10 questions or less or they will…

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Fintech and digitalisation as growth drivers of China’s securities industry

KPMG report highlights institutions embrace digital transformation in the face of increased competition. Capital market reforms are presenting opportunities for Mainland China’s securities industry, with companies that embrace fintech and digitalisation best positioned for long-term growth, according to KPMG analysis. The 15th annual Mainland China Securities Survey analyses the industry…

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Nine Pillars of “future power enterprise”

Will be crucial to transforming business, organization, and technology in APAC. Renewables are changing the traditional energy landscape and significantly impacting operations, customer engagement, and business models. As a result, power enterprises face increased pressure that also affects investment choices, competitive dynamics, and ecosystems. IDC’s report titled A Framework for the…

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Chubu Electric Power Group to drive digital transformation

Japanese energy company creates new data analytics unit. Chuba Electric Power Group’s Tsunagu Community Analytics will support a group-wide operations overhaul and creation of new services. Tsunagu was established to provide Chubu Electric with advanced data analytics capabilities as part of its goal of enhancing the operations of its various…

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New business opportunities between Singapore and China in the digital economy

Cross border digital collaborations pave the way. Singapore and Chongqing businesses have signed an agreement to further cross border digital collaborations in a wide range of sectors, including manufacturing, trade and logistics, and healthcare. These agreements are built on the back of deepened bilateral relation between Chongqing and Singapore to…

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Indian enterprises propels big data and analytics

The need to adopt a data-driven culture propels data analytics spending to US$21B. Decision-makers in Indian enterprises are investing in big data analytics to base decisions on real-time data during these turbulent times. Digitally determined enterprises demonstrate a forward-looking approach towards adopting these solutions, reflecting in spending growth of 11.5…

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DBS marks new milestones for its asset digitalisation strategy

DBS Vickers receives in-principle regulatory approval under the Payment Services Act. DBS today marked steady progress in executing on its asset digitalisation strategy, announcing a series of milestones achieved across its franchise: DBS Vickers (DBSV), the brokerage arm of DBS Bank, has received in-principle approval from the Monetary Authority of…

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HSBC SG offers digital banking registration

Mobile-first digital wealth solutions. HSBC Bank (Singapore) introduced one of Singapore’s first instant digital banking registration using Singpass login details. The launch is part of a suite of mobile-first banking and wealth enhancements that HSBC has introduced since 2020 to support customers’ increasing preference to bank and invest virtually. HSBC…

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