This implementation will allow the financial services firm to accelerate growth by delivering unique and innovative customer finance offerings, while creating a digital disruption in the market space.
The Reserve Bank of India last week issued an order to banks barring all transactions related to virtual currencies, a move, stakeholders say, made without any consultation
“One hundred percent of the initial registrations received are from retail customers and around 90% of them are from mobile phone users showing promising signs of people’s growing comfort with financial transactions on the mobile phone,”
For China, the hope is to see more of its tech companies list at home, where domestic investors can benefit from any success.
This is despite a decline in banks' share of assets, from 63.4 percent in 2012 to 46.1 percent in 2016, according to a Cerulli survey.
The benefits cited by decision makers in mid to large-sized organisations in South East Asia included profit margin and productivity gains, reduced costs and increased revenue from new products and services.