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From Proxy IDs to Autonomous Payments: Why the Future of Financial Services is Hyper-Efficiency
Despite the rise of digital banking and other technological advancements, financial services are still plagued by significant inefficiencies. Author and serial entrepreneur Arunjay Katakam explores the causes and consequences of these inefficiencies — including their impact on lower-income customers — and discusses some emerging innovations that are addressing them. He explains why the sector's growing efforts to streamline back-end processes, reduce transaction costs and enhance operational efficiency will be pivotal in shaping the future of financial services.
- Categories
- Finance, Technology
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India Cuts Import Taxes on EVs in Win for Tesla’s Entry Plans
The move also aligns with India’s goal to boost the adoption of EVs and reduce its dependence on oil imports.
- Categories
- Energy, Transportation
- Region
- Asia Pacific
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Vietnam Kicks off First 5G Spectrum Auction
VNA reports that the MIC has set a target to provide 5G coverage to 99% of the population by 2025, with minimum data speeds of 100 Mbps.
- Categories
- Technology, Telecommunications
- Region
- South Asia
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Analysis: Trust and Scale in Global Social Enterprise Law
Social enterprise law around the world faces a difficult trade-off between cultivating public trust and promoting scale. The sector will benefit by getting clearer on the available options.
- Categories
- Investing
- Region
- Global
- Tags
- public policy, regulations, scale
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Analysis: Indonesia to Offer Tax Perks to Companies Investing in Reforestation of Its New Capital City
The Indonesian government is appealing to the private sector for investors to help transform 82,891 hectares (204,800 acres) of barren lands around the new capital of Nusantara into tropical rainforests.
- Categories
- Environment
- Region
- South Asia
- Tags
- forests, greenwashing, mining, regulations, tourism, water
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Mexico Tells Amazon to Reveal Its Algorithms, Open up Delivery and Wall off Prime TV
Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms and to wall off TV streaming to avoid stifling competition.
- Categories
- Technology
- Region
- Latin America
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Leveraging Artificial Intelligence for Cybersecurity in Africa: How AI Can Help Ensure the Continent’s Digital Safety
Cyberattacks are increasing globally, and Africa experiences the highest volume in the world. According to Lanre Ogungbe at Prembly, this has resulted in significant repercussions for businesses and entire economies. He explores how cybercriminals target Africa’s unique vulnerabilities, and how artificial intelligence (AI) is poised to transform the scale and scope of both cybercrime and the cybersecurity efforts that aim to address it on the continent.
- Categories
- Technology
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Indian Parliamentary Panel Red-Flags PhonePe and Google Pay Cornering 83% of India’s UPI Payments
An Indian parliamentary panel has urged the government to support the growth of domestic fintech players that can provide alternatives to the Walmart-backed PhonePe and Google Pay.
- Categories
- Finance, Technology
- Region
- Asia Pacific