Managing the trends- Challenge accepted?
Michal Smida, Founder & CEO, Twisto gave us beautiful tips to manage the trends of 2021 and answered few questions of to how to tackle the crisis and manage the risks. He said that the Q2 was mainly characterized by a conservative approach and a protected reaction to manage the credit risk and that is […]
Similarities in the Global trends of 2008 and 2021 (Insights by Nawaz Ali)
In a recent conversation questionnaire with Nawaz Ali, the Head of Insights at Western Union Business Solutions, we could draw few business insights which gave us a better plan for the year ahead. Topics like Global trades in 2018 and the global trends now, what are the changes visible, what are the new challenges, etc. […]
Asia Pacific Banks set on financial recovery
World Bank Prospects Group Director Ayhan Kose described the world recession plunged by the Covid crisis as “singular in many respects and is likely to be the deepest one in advanced economies since the Second World War and the first output contraction in emerging and developing economies in at least the past six decades”. After […]
Automation process is the new normal
The ongoing slowdown in global trade intensified by the US – China trade tension. It reduced the transaction volume and increased the competition and battered margins in the trade finance business. This situation may have unintentionally accelerated banks’ quest to reduce costs and improve profitability. There was a growing demand for shorter processing the time […]
Transformation of SMEs in Asia Pacific regions
In order to help small and medium enterprises ( SMEs ) recover from the pandemic and prepare for the future. MasterCard has launched the Digital Acceleration for the small Business microsite across Asia Pacific. As the Covid pandemic hits, there is massive shift to e-commerce and contactless payments. This feature guides on digital transformation, e-learning […]
Ghana and Singapore to adopt SME Techs
Discussions to adopt the Business sans Borders ( BSB ) open hub of platforms between Singapore and Ghana have been going on between the Monetary Authority of Singapore ( MAS ) and the Bank of Ghana ( BOG ). The operations aim to benefit the small and medium sized enterprises ( SMEs ) and the […]