Three powerful trends are converging in Asia’s digital economy: real-time payments, open banking and artificial intelligence.
Their convergence will bring opportunities to the many small businesses in Asia that have been bearing the brunt of Covid-19—particularly when it comes to cash flow issues.
This report looks at the triangular relationship between the three technologies in terms of their synergies, mutual dependencies and benefits to business.
"“Small and medium-sized enterprises account for one-third to two-thirds of GDP across different Asian countries and have been bearing the brunt of Covid-19.”"
In this white paper, we delve into:
Details on three new trends
Consolidated cash flows and faster settlements
Automated liquidity management and accounts payable
The outlook for small and medium-sized enterprises (SMEs)