New Delhi [India], March 4 (ANI) Banks in Southeast Asia have made significant progress on their digital transformation journey, and incumbents that are willing to invest in technology are well placed to compete with fintechs, global ratings agency Moody’s said in a report.
The region has nurtured a number of high-profile fintechs but in most markets, their penetration in financial services remains low, Moody’s said.
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Southeast Asian banks well-placed against fintechs after their successful digital transformation, says Moody’s
