Intelligent Fin.tech Issue 28 | Page 23

FOLLOWING THE MONEY
FOLLOWING THE MONEY
2 .
4 . 3 .
3 .

MALAYSIA

4 .

INDIA

Global cloud communication platform Infobip has released a report titled RCS : A New Era of Customer Engagement , featuring IDC research on the potential of Rich Communication Services ( RCS ) in the Asia-Pacific region . With 5.1 billion smartphone users globally , RCS offers brands opportunities for personalised , secure and interactive messaging . Key markets include Indonesia ( 146.3 million users ), Malaysia ( 28.6 million users ) and India ( 653.1 million users ). With iOS now supporting RCS , brands can deliver richer content to a broader audience .
Transjovan Capital , a leading global M & A advisory firm , has highlighted the growing potential of surety bonds in India ’ s FinTech sector . As India drives economic growth with a $ 1.4 trillion infrastructure investment over five years under the National Infrastructure Pipeline , key projects in transport , power and water require contractors to provide guarantees . Surety bonds mitigate risks of non-delivery and quality issues , addressing the longterm demands of such large-scale projects while offering new investment opportunities .
www . intelligentfin . tech
23