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Search resuls for: "Sandeep Malhotra"


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New Mastercard research shows affluent consumers enjoy optimizing their wallets with "financial gymnastics." While prioritizing experiences and legacy-building, affluent consumers don't accept anything less than the speediest and most convenient payment options. Those based in Asia Pacific tend to go even further, juggling approximately 7.5 payment methods. We see this every day in our work with banks across Asia Pacific: Affluent consumers are no longer motivated by simply accumulating assets. Reliable payment methods free up time that is better spent with loved ones or pursuing passions.
Persons: Sandeep Malhotra, prudently Organizations: Mastercard, Products, Innovation, Insider Studios Locations: Asia Pacific, India, Hong Kong
AI and generative AI can be productivity tools, helping everyone to work faster and more efficiently. Crucially, generative AI is developing swiftly and is likely to be transformative across nearly every sector. Plug-ins using generative AI will enable organizations to link company spending limits to whatever payment method employees are using to pay for their trips. Generative AI has the potential to revolutionize commerce, reduce stress for consumers, and foster innovation in business. Explore the Mastercard Signals report "Commerce in the age of generative AI" here.
Persons: Sandeep Malhotra Organizations: Mastercard, Mastercard Signals, Commerce, Insider Studios Locations: Asia Pacific, Asia, Pacific, Singapore, Tokyo, APAC
We must begin with the most basic building block of the digital economy — data. As consumers we often give away our data for free, without knowing why, what happens with it, or that we've even given it away. In the digital economy, there are broadly three different types of data: data of identity, data of places, and data of experiences. Secondly, data of places can be used to geolocate consumer behavior, collecting information on where you shop, drive, and live. Finally, the speed and convenience of data of identity and places creates data of experiences, which connects us with a community.
Persons: Sandeep Malhotra, it's, you've Organizations: Mastercard Companies, Government, Changi Airport, Mastercard, Companies, Insider Studios Locations: Asia Pacific, Asia, Southeast Asia, Singapore, Thailand
In Asia, brands have an opportunity to drive value by creating new experiences for customers in the metaverse. At its core, the metaverse is an interconnection of immersive, real-time virtual experiences. It's still more idea than reality — virtual or otherwise. Making virtual reality realFor "value" in the metaverse, we can substitute the word "experiences." Money will be expressed in new ways, from digital wallet accounts to tokens (like cryptocurrency) that represent rewards, vouchers, or a slice of ownership in a project or service.
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