Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. The National Security Commission on Artificial Intelligence today released its report today with dozens of recommendations for President Joe Biden, Congress, and business and government leaders. China, the group said, represents the first challenge to …
Read More »What You Need To Know About The 4 Robo-Advisors Licensed By Securities Commission M’sia
Take one look at the local fintech scene and you’d observe that the popularity and number of robo-advisors in the market have been on the rise. They’re best described as wealth management platforms that automate the process of investing money on the user’s behalf via algorithms, with little to no …
Read More »COVID-19: WhyQ And FairPrice Launch Food Delivery “Marketplace” That Charges Zero Commission
Recently, food delivery apps have come under fire for charging steep commission rates of 30 to 40 per cent, eating into hawkers’ already-thin margins. Following foodpanda’s latest initiative to waive off the first month of commission fees for new hawkers, FairPrice and food delivery start-up WhyQ have partnered to launch …
Read More »COVID-19: Foodpanda Waives Commission Fees For 1 Month To Help New Hawkers
Over the last few months, food delivery apps have faced heat for charging steep commissions of 30 to 40 per cent, eating into hawkers’ already-thin margins as they struggle to survive in light of the dining-in ban. Commission fees also serve as a barrier that is currently preventing hawkers from …
Read More »Grab Responds And Provides Actual Breakdown Of Merchant Commission
Earlier this week, a Facebook post by Colin Chen, who runs a local F&B outlet called The Refinery, went viral. The post highlighted the commission taken in by GrabFood and other delivery apps, revealing that these commissions sometimes may exceed the 30% service fee that companies claim to charge. Following …
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