Cash transactions have decreased dramatically throughout the Asia-Pacific region over the past decade. Due to the pandemic, in particular, having a bank account is now mandatory for all transactions. This has led to a sharp increase in the number of online payment applications in the region, resulting in a significantly viable market for local and international fintech firms.
As a result, the APAC fintech market is now one of the fastest-growing fintech markets in the world. The APAC fintech market is expected to reach a size of 178 billion US dollars and grow at an astonishing 81.2% per year.
This Financial Services Review issue features the top Fintech Solutions Providers, highlighting some of the most important advancements in the APAC financial services sector. It includes companies like FIS, [NYSE: FIS], which has over one million merchant locations in over 130 countries and serves over 20,000 customers. To help communities and businesses thrive, this company has a passion for advancing how the world pays, banks, and invests.
It also features firms like Adventure Consultancy, which focuses on mobilizing, developing, orchestrating, and promoting an open banking economy to assist clients in their digital transformation journeys.
The magazine also includes the insightful viewpoints of Barry Baird, Head of Payments Capability and Delivery, TD, and Niraj Gupta, Head Of Digital Banking, Cambodia Asia Bank. They discuss how instilling customer trust is essential to fintech adoption and the significance of customer-centrality in digital banking.
Write to us about how the advancements in the Fintech sector across the APAC region have affected the functioning of your organisations!