Asia Financial Forum 2023 kicks off Year of the Rabbit By Tracy Lai, MPC Strategist, FinTech Consultant, and Partner at LYSTAR GROUP Welcome to the new year. It’s hard to believe it’s the third year since the pandemic, starting off as before with the Asia Financial Forum. Co-organized by the Hong Kong SAR government…
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Author: Ganeshram Ramamurthy The number of decentralized finance (DeFi) dApp users is growing, with 4.8 million DeFi wallets out in cyberspace as of July 2022, a 69% increase from a year prior.1 In this blog, we’ll explore DeFi dApps and why they’re gaining in popularity. We’ll also cover gasless transactions (also called meta transactions) and…
Manually processing payments and invoices is a pain, creating error-prone, inefficient, and costly workflows resulting in missing statements and late payments. Accounts payable (AP) automation can help organizations do a lot more than accelerate payments; it can also be a strategic, multipronged business tool for long term use. AP digitization can help businesses to reduce…
Digital payments have evolved tremendously over the past few years, raising the question: where will digital payment technologies take us in the future? As more consumers become tech savvy the opportunities are endless, especially as we are only just now tapping into the unprecedented potential from global smartphone penetration with 3.2 billion smartphone users in…
Year 2017 statistics show that there are 48.1 million mobile payment users in America and research predicts that this number is likely to increase to 74.9 million by year 2022. A quick look at the data suggests that we may be headed to a cashless society. While you may think that the need to invest…
