Artificial Intelligence (AI) is playing a transformative role in digital payments and e-commerce in the Asia-Pacific region, with notable advancements in China, India, and Southeast Asia. These emerging markets are experiencing rapid AI adoption, enhancing efficiencies in consumer interactions and platform operations. Despite these gains, challenges remain, including issues related to workforce skills, data governance, and infrastructure limitations. The impact is varied across the region, with advanced economies approaching AI integration more cautiously. As AI influences competitive dynamics, organizations in payments, retail, and financial services sectors are increasingly leveraging AI to improve operational efficiency, while navigating ongoing regulatory, security, and infrastructural hurdles.
Elsewhere in the market, FBC Holdings was trading firmly up 14.9% and ending the day at ZWG10.91.
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