Disintermediation by digital wallets and decentralised finance platforms is shifting deposit business dynamics, requiring conventional banks to innovate and stay competitive
Disintermediation by digital wallets and decentralised finance platforms is shifting deposit business dynamics, requiring conventional banks to innovate and stay competitive
Six major consortiums, led by industry giants from tech, retail, and finance, are competing to secure Thailand's first digital bank licences. As the country prepares for a significant shift in its financial landscape, the stakes have never been higher.
Asia is leading in financial platform development and adoption, with Alipay building a vast ecosystem and global reach, while Revolut excels in user acquisition and financial performance.