FinTech has become one of the many trending buzz words these days and everyone is diving into the market. Yet how many of these new technologies are actually helping to achieve the sustainable development goals or are they widening the digital gap? Pondering this question, I attended the Asia Pacific Pacific Business Forum (ABPF) 2018 organized by UNESCAP and Cyberport on 10 Apr which gave me some insight!
Mobility is an advantage. To enhance one’s mobility is not only about physical movements, but also their assets. Over 2 billion people of the world population are indeed unbanked, meaning that they have neither bank accounts nor access to existing traditional financial services. And more astonishingly, only 27 percent of the population in Southeast Asia has a bank account which signifies a serious equality gap here. To address this social issue, Mr. Alex Kong from TNG.Asia (http://tng.asia) shared his vision of helping these unbanked people and especially domestic helpers with the easy-to-use digital wallet service. With the wallet, they no longer worry about sending cash in an envelope back home and having it get lost in the mail along the way. Starting in Hong Kong, TNG already expanded to cover 12 Asian economies.
This is a prime example of how businesses can innovate to make an impact by navigating in the blue ocean of the underserved and meeting their needs. Rise with Asia now!
By Ajitora
This.Is.Asia Newsletter Issues
This.is.Asia December 2021 Issue
This.is.Asia October 2021 Issue
This.is.Asia October 2021 Issue
This.is.Asia August 2021 Issue
This.is.Asia August 2021 Issue
This.is.Asia June 2021 Issue
This.is.Asia April 2021 Issue
This.is.Asia February 2021 Issue
Beyond ASCII: The Vital Role of Email Address Internationalization in a Connected World
As the world becomes more connected, the need to use domain names and email addresses in local languages and scripts also continues to rise. EAI adoption has been growing in recent years, according to a Universal Acceptance Steering Group (UASG) report, as of May 2021, around 9.6% of email domains now support Email Address Internationalization (EAI), marking a noteworthy improvement from previous years. This progress indicates that EAI support is becoming more prevalent, ultimately making it simpler for individuals across the globe to utilize email addresses in their preferred languages and scripts
Continued Commitment to the Vision and Mission of DotAsia
An Open Letter and Call for Support Dear DotAsia Board and the Asia Pacific Internet Community, Thank you for the invitation for me to submit to you my ongoing commitment and vision for DotAsia to be a contributor to the regional and global Internet community as the...
AAPI Heritage Month: Interview with Tommy Ho
Asian American heritage is about inclusion. It’s a description that cuts a wide cloth across a vast array of cultures and peoples, and it’s important to celebrate the similarities and differences. I see that diversity represented within GoDaddy’s Employee Resource Group (ERG), and GoDaddy Asians are growing. Especially during these unpredictable times, our sense of belonging that we feel through our groups help to boost mental and physical health.
AAPI Heritage Month: Interview with Jacqueline Daly
To me, AAPI Heritage Month is a great time to reflect and celebrate my Asian heritage and all the family traditions that have made my life so culturally rich. I am very proud to be an Asian American. I think this is a great opportunity for communities to come together and learn about our diverse stories through a more inclusive lens.