DBS Bank (Hong Kong) Limited and GS1 Hong Kong have launched a digital post-shipment trade financing solution powered by alternative data.
With this offering, small and medium-sized enterprises (SMEs) on GS1 Hong Kong’s ezTRADE platform can utilise their trade data to access financing in...
The global economy shows signs of steadying, however, many indicators remain weaker than a year ago, according to the Global Economic Conditions Survey (GECS) for Q4 2022 from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants).
The Q4 report shows the...
Financial services and banking services corporation OCBC Bank has launched a digital business dashboard for SME customers. Saving SMEs time, the one-stop dashboard gives a holistic view of an SME's business, transforming data from some of the most popular digital apps such as Facebook, PayPal, Mailchimp, Shopify...
In 2020, the Economist Intelligence Unit conducted a survey to measure the relative acceptance of digital currencies and other digital payment methods, finding that a cashless trend was strong with consumers globally.
In February and March of 2021, a new survey set out to...
CIMB Islamic Bank Berhad (“CIMB
Islamic”) unveiled late last year an initiative in support of small and medium
enterprises (SMEs) in Malaysia looking to grow their business in the global
halal market.
Through CIMB HalalBizReady, the
proposition provides financing packages that help businesses become compatible
with the requirements...
To support the liquidity needs of small and medium-sized enterprises (SMEs), DBS Bank has launched a digital financing facility with Haier Group (Haier), a leading Chinese consumer electronics and home appliances enterprise, to enable its ecosystem of distributors to access lower cost financing for their purchase orders...
Singapore's InsurTech startup PolicyPal has rolled out an Employee Benefits digital portal, PolicyPal Business dedicated to offering direct group insurance online. The digital portal aims to mitigate the shortcomings of traditional Employee Benefits processes. More than 1,500 employees in small and medium Enterprises (SMEs) and startups are...
Forrester's 2023 Malaysia Banking Customer Experience Index (CX Index™) reveals that banks in Malaysia have been steadily improving their CX quality over the past two years.
This year's top brand, Maybank, saw an improvement in its CX performance as it recorded 21 positive interactions for every negative one,...
The Monetary Authority of Singapore (MAS), Singapore FinTech Association (SFA), AMTD Group and AMTD Foundation (collectively, AMTD) announced on 13 May the launch of a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant (the Grant) to support Singapore-based FinTech firms amid the challenging business climate caused by the COVID-19...
The Infocomm Media Development Authority (IMDA) partnered industry players and successfully executed a live shipment from Singapore to Thailand during Q1 2023.
This fully paperless, live cross-border trade involved the use of an ETR, that is functionally equivalent to a paper Bill of Lading...
