The global financial landscape is changing faster than at any time in history. Once dominated by large, traditional banks with physical branches and rigid processes, the industry is now being reshaped by fintech companies—technology-driven firms offering faster, cheaper, and more user-friendly financial services. This shift has sparked a growing debate: fintech vs banks. Are fintech […]
RHB Banking Group, a major Malaysian bank, has confirmed its commitment to strengthen and grow its business in Cambodia. This promise was made by Mr. Danny Quah Boon Leng, RHB’s Managing Director of International Business, during a meeting in Phnom Penh yesterday with H.E. Mrs. Chea Serey, the Governor of the National Bank of Cambodia
The rapid advancement of financial technology is fundamentally altering Cambodia’s economic reality. One of the most telling trends is the widespread preference for payments made via QR Code scanning over the use of large denomination banknotes (particularly $50, $100, and 100,000 Riel notes). Observations show that merchants are increasingly happy to accept digital payments, contrasting