Tag: digital

Dragonpass APAC Loyalty Index: 53% of High-Income Consumers Say Bank Rewards No Longer Match Their Lifestyle Needs

SINGAPORE, June 12, -- For years, loyalty programmes across banking, credit card, and financial institutions have been built around a familiar formula: collect points, unlock perks, repeat. But across Asia-Pacific, consumers are beginning to expect something different. According to the APAC Loyalty Index released by Dragonpass, the region's loyalty economy is rapidly shifting away from transactional rewards toward lifestyle relevance, emotional trust, and everyday utility. The study, which surveyed consumers across Southeast Asia and China, found that while "trust" remains the foundational driver of brand loyalty, consumers increasingly demand value that feels immediate and personalised. The results highlight growing fatigue with traditional loyalty mechanics in the region. While 80% of respondents stay loyal to their bank because it is the most secure option for their money, 28% say their loyalty rewards simply do not match their lifestyle — and a striking 53% of high-income earners find their current loyalty rewards are misaligned with their actual needs. Travel and Digital Concierge as the New Loyalty Levers The Index highlights that travel remains the most powerful tool for customer retention. Younger consumers and affluent segments demonstrated a strong preference for integrated digital concierge services, premium travel experiences, and personalised lifestyle benefits. This highlights the convergence of financial services and lifestyle ecosystems across APAC markets.    "The traditional loyalty model was designed around transactions, but consumers today demand something far more intuitive and integrated into their lifestyle," said John Su, Group CGO & APAC CEO of Dragonpass. "They expect their banks or financial providers to play an active role in their everyday lives. This is exactly where we have invested heavily, not only in spanning our global travel, dining, and premium lifestyle services, but in the technology that is designed precisely to close this gap, helping financial institutions deliver relevant, real-time value at every stage of the customer lifecycle." For banks, fintechs, and payment brands, the implications are significant. As competition intensifies and switching barriers continue to fall, loyalty is increasingly becoming a strategic growth lever rather than a marketing add-on. The brands most likely to retain high-value customers may ultimately be those that can turn loyalty from a points programme into a seamless part of consumers' lifestyles.    About Dragonpass Dragonpass is a global travel and lifestyle platform delivering premium travel and lifestyle experiences to 40+ million members worldwide. Media Contact Email: brandmarketing@dragonpass.com Website: www.dragonpass.com -- PRNewswire -- Source: Dragonpass  

SINGAPORE, June 12, — For years, loyalty programmes across banking, credit card, and financial institutions have been built around a familiar formula: collect points, unlock perks, repeat. But across Asia-Pacific, consumers are beginning to expect something different. According to the APAC Loyalty Index released by Dragonpass, the region’s loyalty economy is rapidly shifting away from transactional rewards […]

Casio to Release G-SHOCK Engineered for Precision and Toughness in Extreme Aerial Conditions

TOKYO, June 4, 2026 /PRNewswire/ -- Casio Computer Co., Ltd. announced today the release of the GWR-B3000, a new addition to the GRAVITYMASTER line of G-SHOCK shock-resistant watches. Featuring a newly developed movement and tough construction, the GWR-B3000 is engineered to deliver accurate timekeeping and durability in the demanding environment of the aircraft cockpit, where vibration and impact are constant challenges. The GWR-B3000 is equipped with the newly developed TOUGH MVT. 2 (Tough Movement 2), designed to maintain accurate timekeeping even during flight. Building on the capabilities of the original TOUGH MVT.,*1 the new movement adds two functions that autonomously respond to shock and magnetic fields. The auto hand home position correction with shock detection expands on the conventional periodic automatic time correction. When the watch detects a strong impact, it instantly corrects hand positions to maintain accurate time display. The magnetic detection function pauses hand movement upon sensing a strong magnetic field, preventing the hands from drifting out of position. Once the magnetic field disappears, normal operation resumes while maintaining accurate timekeeping. *1 A solar-powered analog movement with automatic time correction, engineered for outstanding precision, reliability, and usability. The watch is built with a dual hollow case structure composed of multiple precision components, engineered using AI-powered shock-resistance analysis. Extensive simulations of impact, centrifugal force, and vibration were conducted to optimize each component. Multiple metal components — precisely crafted through metal injection molding (MIM)*2 — are combined with resin shock absorbers, resulting in a slimmer profile. This delivers a comfortable fit on the wrist without compromising the shock resistance required to absorb impact. *2 A manufacturing process that combines injection molding and sintering techniques. The watch also employs a newly developed matte dial, where microfabricated surface textures diffuse incoming light and reduce reflection. This makes the time easy to read at a glance during flight, ensuring excellent visibility even in direct sunlight. Source: CASIO COMPUTER CO., LTD

TOKYO, June 4, 2026 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of the GWR-B3000, a new addition to the GRAVITYMASTER line of G-SHOCK shock-resistant watches. Featuring a newly developed movement and tough construction, the GWR-B3000 is engineered to deliver accurate timekeeping and durability in the demanding environment of the aircraft cockpit, where […]

Asian Development Bank Announces US$70b Plan For Energy, Digital Infrastructure

ISTANBUL, May 4 (Bernama-Anadolu) -- The Asian Development Bank on Sunday announced US$70 billion in new energy and digital infrastructure initiatives through 2035, Anadolu Ajansi reported. "Energy and digital access will define the region’s future," said the bank's President Masato Kanda in a statement. The Pan-Asia Power Grid Initiative will link national and subregional power systems to enable the flow of renewable energy, while the Asia-Pacific Digital Highway aims to close digital infrastructure gaps and support AI-driven growth across the region. "These two initiatives build the systems Asia and the Pacific need to grow, compete, and connect. "By linking power grids and digital networks across borders, we can lower costs, expand opportunity, and bring reliable power and digital access to hundreds of millions of people," he added. The Pan-Asia Power Grid Initiative targets US$50 billion by 2035 for cross-border power infrastructure. The Asia-Pacific Digital Highway aims to mobilize US$20 billion by 2035 to fund digital infrastructure and AI-ready economies, including fiber networks, satellites, and regional data centers. The bank aims to integrate around 20 gigawatts of cross-border renewable energy, expand energy access to 200 million people, create 840,000 jobs, and cut regional power sector emissions by 15 per cent by 2035. -- BERNAMA-ANADOLU

ISTANBUL, May 4 — The Asian Development Bank on Sunday announced US$70 billion in new energy and digital infrastructure initiatives through 2035, Anadolu Ajansi reported. “Energy and digital access will define the region’s future,” said the bank’s President Masato Kanda in a statement. The Pan-Asia Power Grid Initiative will link national and subregional power systems […]

Boost Bank Drives Fintech Growth as Malaysia Accelerates Digital Economy Agenda

KUALA LUMPUR, April 1 — Malaysia’s fintech sector continues to gain momentum as a key driver of the nation’s digital economy, with industry leaders highlighting ongoing efforts to accelerate innovation and financial inclusion. During a recent engagement, Sheyantha Abeykoon, Group Chief Executive Officer of Boost Holdings, and Ungku Liza, Deputy CEO of Boost Bank, presented the latest developments and strategic initiatives undertaken by the digital bank in advancing the fintech landscape. The session underscored the growing importance of fintech in propelling Malaysia’s digital economy to greater heights, particularly in enhancing accessibility, efficiency, and innovation within the financial ecosystem. Efforts by Boost Bank were positively received, with recognition given to its role in delivering tangible impact across the sector. Its initiatives are seen as contributing significantly to expanding digital financial services and supporting broader economic growth. The engagement reflects continued collaboration between stakeholders to ensure Malaysia remains competitive in the rapidly evolving global fintech space, while fostering a more inclusive and resilient digital economy.

KUALA LUMPUR, April 1 — Malaysia’s fintech sector continues to gain momentum as a key driver of the nation’s digital economy, with industry leaders highlighting ongoing efforts to accelerate innovation and financial inclusion. During a recent engagement, Sheyantha Abeykoon, Group Chief Executive Officer of Boost Holdings, and Ungku Liza, Deputy CEO of Boost Bank, presented […]