• The Future of Financial Markets in Asia Pacific

    The Future of Financial Markets in Asia Pacific

    A new report from Kapronasia and Broadridge looks out how regulations, blockchain, AI, and many other trends will affect the markets.
  • Cross Border Payments in Asia

    Cross Border Payments in Asia

    Asia's cross border payments market is starting to heat up as countries overcome geographic, political, and cultural differences to develop sub-regional payment networks.
  • Payment Hubs Ranked & Rated

    Payment Hubs Ranked & Rated

    In our latest vendor evaluation report we look at payment hubs in Asia and rank and rate several of the top offerings.
  • 1
  • 2
  • 3

Latest Reports

201808_KapronasiaFIS_PlatformforInnovation_Cover
Since the launch of real-time payments in Japan in 1973, the financial industry has been on a path of rapid modernization as governments and financial sectors around the world move to instant payment systems. In many ways, real-time payments are a natural evolution of the industry, providing better, faster and cheaper payments domestically, and increasingly, cross-border.
201808_Kapronasia_AsiaPaymentHubsVendorAnalysis_Cover
As the financial industry continues to grow and innovative, banks are facing increasing challenges to keep up with the rapid pace of change, especially in the payments segment. Payment hubs could be the answer.
201808_Kapronasia_Broadridge_FutureofFinancialMarketsAsiaPacific_Cover
Challenges for the financial industry are growing. Third party non-bank financials threaten the core businesses of traditional banks and institutions. Trade tensions are escalating between the US and China, and even the US and Canada, and threaten to take the global economy on a different path, which may ultimately have a dramatic effect on the business of banks. Further, as interest rates rise, the stark realities of a worsening economic environment may threaten existing loans and products. Finally, the biggest challenge for financial institutions over the next five years: regulations.

Events

September 19, 2018 - Sep 20, 2018
Consensus Singapore
September 19, 2018 - Sep 20, 2018
Global Payments Summit KL
October 22, 2018 - Oct 23, 2018
Sibos Sydney
November 01, 2018 - Nov 02, 2018
ASIFMA Annual Conference 2018
November 14, 2018 - Nov 16, 2018
Money 2020 China
November 27, 2018 - Dec 01, 2018
Blockshow Asia
November 30, 2018
India FinTech Awards Mumbai
March 19, 2019 - Mar 21, 2019
Money 20/20 Asia Singapore

Kapronasia is a leading provider of financial industry market research and consulting covering fintech, payments, banking, capital markets and blockchain.

Research

Research From our offices across the region, we provide clients with the key insight and research they need to understand the market trends and challenges. Our research reports are used by numerous clients across the globe to make better business decisions about their Asia strategy.

Consulting

Consulting We work closely with clients to better understand their business challenges and find lasting and value creating solutions. We have worked with some of the financial industry's largest players to help them re-define their business and drive growth.

China's bank card market is large. Over 9 billion domestic payment cards will be in use by the end of 2018, a nearly 35% increase from the 6.7 billion in 2016. Even though the market is replete with card providers, the clearing business has been always dominated by the only one licensed clearing institution, China UnionPay (CUP), for both domestic and cross-border RMB transactions. That is, until now.

In China, financial cloud has become a key goal for financial institutions in 2016. According to ‘the 13th Five-year Plan’, by the end of 2020, banks’ online business system should all be transferred to cloud and more than 60% of their other business systems should be moved online. With this clear direction, banks are taking actions. The China Academy of Information and Communications Technology (CAICT) found that in 2017, 42% of financial institutions are applying to use cloud, whilst 47% are in the process of planning the transition to cloud as companies seek to establish agile banking infrastructure.

On September 18th 2018 the MAS launched the Singapore Quick Response Code (SGQR). Within the next year, 27 different mobile wallet providers including PayNow, NETS, GrabPay, Liquid Pay, and Singtel Dash will incorporate the new standardised code. The SGQR is the first of its kind globally and represents a significant change to the e-payment landscape. Interoperability is seen as a key infrastructural requirement for mobile payments and will have several impacts on new and incumbent firms in the market. 

At the end of last month, another Chinese fintech company Samoyed Holding filed for $80 million IPO on the New York Stock Exchange. The company provides consumer finance services for the Chinese millennials. Its main business is the credit card balance transfer business, counting for 74.7% of its 2017 turnover.

Kapronasia Newsletter

Sign up for our email list and stay up to date with our latest insights.