Posts by Yon Heong Tung
WiT Singapore 2019: Why the travel industry needs to embrace e-payments
30/10/2019 by Yon Heong Tung
It may soon be possible to travel across the world without bringing out your physical wallet, thanks to the proliferation of mobile payment apps like e-wallets. A recent Worldpay Global Report predicted that adoption of e-wallets will rise sharply within APAC, growing from 52% in 2018 to 66% in [...]
WiT Innovation Stage: Why a seamless online experience is key to building customer loyalty
22/10/2019 by Yon Heong Tung
Here’s a little-known fact: The ubiquitous QR code that we use today was actually invented in 1994 in Japan. Yet, according to Ory Rusli, head of South-east Asia, Japan Foodie – a restaurant search app for visitors to Japan – when it came to introducing this mode of payment to Japanese mercha [...]
WiT Singapore 2019: Why the future of brand loyalty lies in personalisation
16/10/2019 by Yon Heong Tung
Today’s millennial travellers are spoilt for choice. Thanks to OTAs and other bespoke travel services, there is a multitude of different travel activities that can cater to their individual tastes that can be purchased at their fingertips. According to a report by Skift, 81% of consumers are will [...]
WiT Singapore 2019: Finding love in the arms of a robot
16/10/2019 by Yon Heong Tung
In the 1999 film Bicentennial Man, Robin Williams plays a robot, Andrew, who is gifted with the capacity of emotion and creativity. Andrew eventually falls in love with a human lady and decides to marry her. When he petitions a regulatory body to recognise their matrimony, however, he is rejected a [...]
WiT Singapore 2019: Being level-headed, judicious and open key to making wise investment decisions, say VCs
15/10/2019 by Yon Heong Tung
Startups today are inundated by the narrative of being showered with copious amounts of funding. Companies can hit astronomical – and some would say logic-defying – valuations, as investors place large bets on companies in the hopes of landing a golden goose. Indeed, there’s a lot of hype aro [...]
WiT Innovation Stage: How startups Jayride and BookMeBus are tackling the last mile in-destination
14/10/2019 by Yon Heong Tung
For many commuters or travellers, Google Maps is the first stop when it comes to planning travel routes; it automatically crunches the time it would take for various transportation types, as well as the costs if you are booking rides from some of the more popular ride-hailing apps. Yet, there is [...]