BFM 89.9
The Business Station
Dropping Deets on Urban Street-style
12 mins
·
10:00, 22 Dec 2016
·
Recommended
42 mins
42 mins
Fashion changes and evolves rapidly and what’s trendy in one country might not be as cool in another. Lucky for us, Major Drop brings in the trendiest clothes from a number of urban outfitters and curates them based on their own signature in-house style. We speak to Fei and Julian of Major Drop about the challenges of staying trendy, the reason behind their brick and mortar setup in an ever-more-virtual world, as well as plans for 2017.
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ASEAN Gateway To Cross Border Payments
Events · May 13
ASEAN Gateway To Cross Border Payments
ASEAN’s digital payments sector is experiencing rapid growth, fueled by increasing smartphone use, fintech innovation, and a booming e-commerce landscape. Key markets like Indonesia, Vietnam, and the Philippines are leading the way, with major opportunities in digitizing MSMEs and expanding rural financial access. Consumers are shifting toward mobile-first behavior, embracing e-wallets, mobile banking, and digital banks that offer greater convenience and accessibility. ASEAN central banks are strengthening cooperation to enhance payment linkages through QR code integration and shared standards. A major initiative, Project Nexus, aims to make cross-border payments faster, cheaper, and more seamless, though challenges remain in aligning regulations and infrastructure. As digital transactions surge, cybersecurity becomes critical, with the need to protect users without disrupting the payment experience. Importantly, digital finance is helping bank the unbanked, especially in rural areas, where mobile money and fintech tools are providing people with their first access to formal financial services.How can ASEAN ensure inclusive growth as digital payments continue to expand?