29 November 2023
29 November 2023
The bank aims to reach out to 400,000 farmers during the annual outreach programme
37% of financial institutions have improved or deployed AI technology in the last 12 months, rising from 30% in 2022
Lower inflation should allow central banks to cut rates, while US equities may reach a record level of 5,000 on the S&P by year-end says Bank of America
With OCBC Money Lock, funds locked in existing accounts cannot be digitally used or moved. Unlocking can only be done at an OCBC ATM or branch
Intended to be a new offensive in the war on scams, the accord will roll out a new payee system that will seek to reduce the number of scams
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Per GlobalData, the mobile wallet market transaction value will be valued at $54.01 trillion in 2023 and is expected to grow at a CAGR of 10.5% by 2026. The APAC regional growth is expected to be led by China and India, both countries characterized by large population and growing smartphone penetration. Mobile wallet transaction value in India is projected to grow at a CAGR of more than 20% from 2023 to 2026. The country’s government has been promoting the adoption of mobile wallets as part of their digital transformation agenda.
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