Banks in South-east Asia are set to miss out on as much as US$5 billion, or 14.3 per cent of their payments revenue by 2025, displaced by the growth of digital payments and competition from non-banks, according to a new report.
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Banks in South-east Asia are set to miss out on as much as US$5 billion, or 14.3 per cent of their payments revenue by 2025, displaced by the growth of digital payments and competition from non-banks, according to a new report.