Even before COVID-19, finance teams had already started to design more agile, resilient organizations with higher levels of digitization. The pandemic has accelerated these efforts, as finance leaders realize the limitations of outdated systems and processes.
Just a few years ago, putting your savings into an entirely online platform would be something unfathomable. Today, however, the idea of doing so is not at all impractical, with providers offering convenience and competitive returns for their customers.
We’re living in a time of great transformations in Asia’s banking industry. In just a few years, we have witnessed the birth and rise of new age payment and money transfer solutions across the region.