- Home >> Features >> Technology
The fintech turf wars in Southeast Asia are just hotting up
- Thursday | 10th October, 2019
Trade wars part of the disruptionOne of the biggest game-changers for personal finance innovation in Southeast Asia is the mass investment in the region following the trade wars between the US and China. This forces operations to spread to other parts of Asia in order to ensure the continuation of services. The boost in tech also allows them to streamline their operations, which leads to savings on their expenses. The integration of artificial intelligence (AI) into the banking game is a must, as it forms an integral part of the decision-making process without even having to refer credit deals through to an actual person. As if this statistic isn’t shocking enough, only 33% of businesses have access to financial products that are considered professional.
If You Like This Story, Support NYOOOZ
Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.
