1 – Mobile phones a boon for Tanzanian women in business
Two-thirds of Tanzanians own a phone, but only four in 10 women are phone owners, according to government data. >>
2 – Philippine banks lead in retail financial services
Asia Pacific’s retail financial services market will be worth $824 billion by 2020. Increasing consumption and improved access to financial services in combination with mobile banking technologies, will be key catalysts in driving retail banking income between 2015 and 2020. >>
3 – Are 15 banks enough for Vietnam?
Many commercial banks have merged in the last few years in a bank restructuring programme initiated by the State Bank, which has led to a significant decrease in the number of commercial banks in Vietnam. >>
4 – Omnichannel in emerging nations holds omni-clues
Useful to U.S. financial institutions as a mirror to their own strategic plans, a study covering 15 emerging countries in Asia, Middle East, and European markets highlights the growing focus on omnichannel adoption. >>
1 – Carrefour launches 3rd Easy Carrefour store in Shanghai, to add 7 more by year end
Easy Carrefour aims to offer convenience store services for Chinese consumers as well as provide diversified retail channels. >>
2 – Japanese eyeglass retailer Owndays to open 100 shops over next 5 years
Japanese eyeglass retailer Owndays is going to expand its business operations in Southeast Asian countries by opening 100 shops over the next five years. >>
3 – Amazon launches Uber-style delivery service
Amazon US has launched a new delivery service based on the Uber concept. Flex is a new means of the company making urgent deliveries to online shoppers. It is being launched on a trial basis in Seattle. >>
4 – Clarks Originals steps out across China
Global British shoe brand Clarks will give its iconic classics a dedicated showcase with the launch of 10 standalone Clarks Originals stores in China during the next year. >>
1 – Sending cash home: mobile money is a gamechanger
With more mobile money accounts than bank accounts in Burundi, the country is a good testing ground for trialling remittances by mobile. >>
2 – Kenyans can now buy government bonds through their cellphones
Kenyan retail investors will be able to buy government bonds and receive interest through their mobile wallets, under a new government initiative, ‘M-Akiba’. >>
3 – Global consumer survey: 68 percent of respondents not using mobile financial services
A new global survey around mobile financial services (MFS) revealed that more than 68 percent of the respondents have yet to use mobile financial services, and that new innovative solutions for savings, loans, and insurance will drive the next phase of mobile financial services growth across emerging and mature markets. >>
4 – Going for alternate mobile money channels
Banks are abandoning telecommunication networks to create alternate channels to support mobile money platforms and give subscribers value for their money. This new digital platform may define the success of mobile payment in future without involving telcos. >>
“Location, Location, Location.” All real estate agents understand that location plays such an important role in the property value. Advertisers care about the visibility of billboards and signs in different locations. Telecom companies search for optimal sites to build cell towers to maximize the 3G/4G coverage. It involves not only two-dimensional geographic space on maps, but also whether buildings, trees, or mountains will obstruct the view or signal in the three-dimensional reality.
Traditionally, retail franchise business relies on the local knowledge of real estate agencies for site selection. They probably will use scorecard to evaluate the visibility based on the field team feedback and customer survey results. Now, an innovative way of Geographic Information System (GIS) might be helpful to assess it in seconds: Line of Sight analysis.
Light of Sight
How does it work? The model creates a 360-degree view of 3D area which is visible from where you stand in virtual reality. You will not just see limited views in a particular angle. The secret sauce is that it could calculate all natural and urban obstacles in the surroundings, such as buildings, trees, or mountains, even considering the slope of terrain elevation in details. Initially, it was used in military operations only, including resisting ambush troops or sniper attack. Now, it is commercialized to special purposes relevant to the visibility analysis. For example, architects can analyze the views available from a large tract of land before designing any new building.
With Line of Sight analysis, investors could have a rough idea about how new urban development projects look like in the future without site visiting in person. Storekeepers would be able to forecast visibility of signboards and store exterior. It is helpful to avoid bad decisions, especially when lacking information straight from real estate agents.
1 – Asia at the epicentre of the digital banking shakeup
The rise of the digitally-savvy customer with more sophisticated expectations is also driving change in the way banking as a service is consumed. >>
2 – Malaysia Banking : Staff cuts gather momentum
As economic growth slows, and uncertainties caused by falling commodity prices mount, heads have begun to roll at Malaysian banks. >>
3 – Analysis: Omnichannel, a future for Indonesia banking industry
With omnichannel, bank provides seamless, consistent and unified information on different channels, therefore consumer will experience the same services regardless their selected channels. >>
4 – Philippines : Over 200 new bank branches open in Q2
The Bangko Sentral ng Pilipinas (BSP) has given major banks as well as thrift, rural, and cooperative banks the green light to open more than to 200 branches nationwide in the second quarter of the year. >>