Streamlining Payroll for Global Teams: How SMEs Can Achieve Greater Productivity with Smarter Payment Solutions
As small and medium enterprises (SMEs) expand their presence beyond local markets, hiring international talent has become more than a strategic choice — it is often a business necessity. Today’s SME workforce frequently includes remote teams, regional representatives, and overseas contractors, reflecting the reality of operating in a globally connected economy. However, this global shift […]
Pricing in Multiple Currencies
For SMEs looking to expand into international markets, pricing in multiple currencies is no longer optional, but essential to building customer trust and improving sales conversions. According to Shopify’s 2023 Global Commerce Report, 92% of online shoppers expect to see product prices in their currency, and 33% abandon purchases when prices are displayed only in […]
Digital Wallet Is Revolutionising Global Finance in 2025
In the heart of Singapore’s business district, a café owner watches as customers tap their phones to pay for their morning coffee, completing transactions in seconds. In Jakarta, ride-hailing drivers effortlessly receive fares through GoPay, while in Dubai, luxury shoppers make high-value purchases with digital wallets, bypassing the need for credit cards. Meanwhile, in Berlin, […]
What is Embedded Finance, and Why It Matters for Small and Medium Enterprises?
Imagine a scenario where your clients can pay, get finances, or purchase insurance without having to separately leave your website or application. This is possible with embedded finance, which integrates financial services into non-financial platforms and streamlines the way small-scale and medium-sized enterprises (SMEs) carry out their transactions. Embedding finance makes cash flow more predictable, […]
How AI Is Transforming Fraud Detection and Prevention
Fraud is a growing global issue, and Singapore is no exception. In 2023 alone, scams and digital fraud accounted for over SGD 660 million in losses, with cybercriminals exploiting individuals and businesses through phishing, business email compromise, and unauthorised transactions. While regulators have ramped up enforcement, traditional fraud detection methods are struggling to keep up. […]
Singapore’s Approach to Cross-Border Payment Regulation in 2025
Sustainability is key in Singapore’s payment systems, with a shift to digital-first processes reducing environmental impact and boosting efficiency.
Singapore as the Ideal Launch Pad for Global Business Expansion
Imagine launching your business into a region teeming with opportunities—where innovation thrives, markets are interconnected, and growth has no boundaries. Southeast Asia, with its digital economy projected to surpass S$1 trillion by 2030, is one of the most dynamic regions for expansion, offering immense potential across industries such as e-commerce, fintech, and technology. At the […]
Achieving Successful Digital Transformation: A Path to SMEs Business Growth
In an era where technology drives the heartbeat of global commerce, staying ahead means embracing digital transformation. More than just a trend, digitalisation has become the foundation of business growth, empowering companies to streamline operations, elevate customer experiences, and scale into international markets. Nowhere is this more evident than in Singapore—a global leader in harnessing […]
GEMx Technologies Explores Strategic Partnerships Across Turkic States at Turkish Trade Fair
Mr. Asmadi Ahmad, CEO of GEMx Technologies, represented GEMx at the Turkish Trade Fair (Türk Devletleri Ticaret ve Yatırım İşbirliği Forumu ve Fuarı), held from November 7-9, 2024, at the Istanbul Fair Center.
The Ultimate Guide to Virtual Bank Accounts: The Features, Benefits, and How It Works
With time as a crucial factor for every business owner, businesses are swapping long bank queues for the ease of virtual accounts. From startups to established SMEs, virtual bank accounts are now the go-to for smooth, cost-effective banking without the fuss. Think of it as business banking, minus the paperwork and waiting time—allowing you to […]
