Valued at over US$ 1 Trillion the payments in South East Asia is a hotbed for innovation. What are some biggest trends shaping payments in the region and where is the industry headed? Special thanks to the following thought leaders for sharing their views: -Alain Yee, Head of ShopeePay Malaysia -Praful Morar, Global Expansion Officer, Nuvei -Hiroko Michishita, Managing Director, JCB International Asia Pacific Pte. Ltd. -Andrew McCormack, Centre, Head BIS Innovation Hub Singapore Centre.
Author: IOT News Asia
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In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista, technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies. The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% growth rate in 2024, amid China’s subdued dynamics and diminished productivity elsewhere across APAC contributing to this bleaker forecast for the fastest-growing fintech companies. While the reasons for slowing growth might be far-ranging in 2024, what is the criteria used to determine the fastest-growing…
Jouk Pleiter, Thomas Fuss, and Karan Oberoi discuss the evolution of Backbase, detailing the strategic pivots it undertook from its initial iteration to emerge as the renowned engagement banking platform it is recognised as today. Interview by Fintech News Singapore’s Chief Editor, Vincent Fong.
In Asia-Pacific (APAC), edge computing is rapidly developing into an important frontier for enterprise innovation and competitive differentiation. Across the region, adoption is rising and usage will only grow moving forward, as consumers, businesses and governments continue to embrace Internet-of-Things (IoT) devices. Edge computing refers to a distributed computing framework that brings enterprise applications closer to data sources. Unlike traditional models where computing power is centralized at an on-premise data center, edge brings computing closer to where data are being generated, enabling processing at greater speeds and volumes, and allowing for greater action-led results in real time. For users, this…
VinBus Ecology Transport Services Limited Liability Company officially opened and put into operation the first smart electric bus in Vietnam. The first electric bus lines will operate in Vinhomes Ocean Park (Gia Lam) while waiting for finishing the procedures to connect with the city’s public passenger transport system in the coming time. VinBus is an electric bus model manufactured and assembled by VinFast at the Automobile Manufacture Complex in Hai Phong, converging many modern technologies with the smartest and safest features according to the developing strategy of current VinFast’s smart electric bus series. Buses with primary green, friendly design, affirming…
MVLLABS Pte Ltd (“MVL”) has raised US$15 million in a Series B funding round led by an existing investor, South Korea’s CENTRAL, with participation from Singapore-based TRIVE Ventures. MVL will channel these funds towards expanding its mobility offerings – beginning with the launch of its first electric vehicle, the ONiON T1. The ONiON T1 has been developed in collaboration MVL’s strategic investors and partners, namely South Korea-based automotive parts manufacturer CENTRAL. It will be launched through company subsidiary MVL Energy Pte Ltd, alongside TADA, which MVL has pioneered as Southeast Asia’s first blockchain-based ride-hailing service. The ONiON T1 will first…
Too lazy to clean your room at home, we are too. Therefore we have selected our Top 11 robot vacuum cleaner for 2020 that will help you. 1. ILIFE V5s Pro Robot Vacuum Mop Cleaner ILIFE V5s pro is specially designed for hard floors ( wood/tile/mable/laminate). With a smart water tank installed, V5s pro pull deeper dirt and grime off your floors and maintain them Gleaming every day. 2. iRobot Braava jet 240 Robot Mop The iRobot Braava jet Mopping Robot delivers fresh, clean floors every day. With its compact, smart design and iAdapt 2.0 Navigation system, Braava jet mops and sweeps…
WeKnow Media Ltd, the award organisers, is announcing the Winners of the 2020 IoT Global Awards. The 2020 awards programme has been unlike any other. In a year of unprecedented turmoil and change, enterprises and individuals across the Internet of Things (IoT) sector have stepped forward, using their expertise and ingenuity to combat many business challenges, including those presented by Coronavirus. Now in their third year, the IoT Global Awards have become an industry benchmark for excellence in the Internet of Things, honouring the most innovative companies, products and individual talent in 11 IoT industry categories. With more than 100…
Companies in Singapore have identified the Internet of Things (IoT) as a key priority to address the impact of the COVID-19 pandemic, a new study by Vodafone Business has revealed. According to Vodafone Business’ IoT Spotlight 2020 report, 86% of businesses that have already adopted IoT in Singapore are accelerating some IoT projects because of the pandemic; similarly, 86% highlighted that IoT has risen up the list of priorities during the pandemic. The IoT Spotlight 2020 report is a piece of global research that explores the relationship between IoT, business strategy, resiliency and success. The survey was conducted with more…
Christmas is coming in just 8 days and for those who are still looking for what to offer their geeky friends and relatives, we’ve compiled six Internet-of-Things (IoT) gadgets and smart devices they’re probably yearning for this year. All of them cost less than a hundred bucks so you won’t have to break the bank. Wyze Cam Pan Price: US$29.99 Buy on Amazon Wyze Cam Pan is an affordable indoor security camera that comes with an array of features including mechanical pan and tilt, motion tracking, as well as local and free cloud storage. With its 110°/sec rotation…