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BT Future of Finance Podcast: The painless road to digitalisation

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Why do SMEs still fear digitalisation and what help can they get? Shannon Lung from The FinLab UOB has insights.

Why do SMEs still fear digitalisation and what help can they get? Shannon Lung from The FinLab UOB has insights.

PHOTO: UOB

Despite digitalisation being an absolute necessity these days, only 36 percent of SMEs have made the leap. And with global headwinds slamming all economies, it is imperative SMEs ‘get with the programme’. Shannon Lung, senior vice president and head, The FinLab, UOB, has more insights.

Synopsis: The Business Times Branded Podcasts; finely curated, intelligent, thought provoking content for decision-makers. Inspired by the newsroom of your trusted partner.

Follow on audio apps Apple Podcasts, Spotify and Google Podcasts, or Google Home smart speaker devices. Produced by The Business Times, SPH Media Trust.

This episode of Future of Finance podcast is presented by UOB.

Highlights:

01:30 The undeniable importance of digitalisation

04:03 Collaboration the key to success

06:12 Long term strategies to navigate evolution

07:28 Allaying concerns SMEs have

08:36 Successful use cases from different sectors

More about:

UOB - https://www.uobgroup.com/uobgroup/index.page

UOB The FinLab - https://str.sg/ip7x

UOB: Corporate & Institutional Banking - https://str.sg/ip7f

Written and hosted by Howie Lim (howielim@sph.com.sg)

With Shannon Lung, senior vice president and head, The FinLab, UOB.

Edited by: Howie Lim & Claressa Monteiro

Recording engineer: Joann Chai Pei Chieh

Produced by: BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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