Cross-border payments: Can incumbent banks compete with fintechs in Asia?

Cross-border payments have long been a contentious issue across Asia, with the transfer of funds across borders expensive, slow and sometimes completely impossible. After being flagged as a priority area by the regulators in several countries in recent years, an agreement was reached between the central banks of Indonesia, Malaysia, the Philippines, Thailand and Singapore […] The post Cross-border payments: Can incumbent banks compete with fintechs in Asia? appeared first on e27.