BFM 89.9
The Business Station
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42 mins
17 mins
While the local food delivery scene is dominated by two major players, the local catering network is ripe for technological innovation. That's why SmartBite decided to change their focus from a B2C provider to a B2B partner. Alessandro Voltolini, co-founder of SmartBite, joins us to talk about their well-timed pivot, engaging a market that's ready to tech players, and expansion plans amidst the global "lockdown" that we're in.
Presenter: Arvindh Yuvaraj
Producer: Arvindh Yuvaraj
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ASEAN Gateway To Cross Border Payments
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ASEAN Gateway To Cross Border Payments
ASEAN’s digital payments sector is experiencing rapid growth, fueled by increasing smartphone use, fintech innovation, and a booming e-commerce landscape. Key markets like Indonesia, Vietnam, and the Philippines are leading the way, with major opportunities in digitizing MSMEs and expanding rural financial access. Consumers are shifting toward mobile-first behavior, embracing e-wallets, mobile banking, and digital banks that offer greater convenience and accessibility. ASEAN central banks are strengthening cooperation to enhance payment linkages through QR code integration and shared standards. A major initiative, Project Nexus, aims to make cross-border payments faster, cheaper, and more seamless, though challenges remain in aligning regulations and infrastructure. As digital transactions surge, cybersecurity becomes critical, with the need to protect users without disrupting the payment experience. Importantly, digital finance is helping bank the unbanked, especially in rural areas, where mobile money and fintech tools are providing people with their first access to formal financial services.How can ASEAN ensure inclusive growth as digital payments continue to expand?
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Cracking the Code of White Space Markets