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Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth?

The Fintech Times

In 2019, the central bank then introduced the ‘Payment and Settlement Act’, which provided the legal basis for the development, promotion, expansion, monitoring, and regulation of payments, settlement and clearing systems in the country. The post Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth?

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Digital banking made strong gains in UK market during first half of 2019

Payments Dive

The report warns, however, that few of these upstart banks are actually turning a profit and the pace of growth cannot continue at the same pace forever. Digital banking is growing rapidly in the U.K., as challenger banks are gaining share among non-millennnial users and winning over customers with strong customer service.

Non-Bank 144
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3 Payments Trends to Watch in 2021

Payments Dive

While COVID-19 has certainly had an impact on every industry, certain trends that began in 2019 continued to develop in 2020, and some of them may even blossom fully in 2021. As 2021 rapidly approaches, many of us are hoping for better days after the whirlwind year of 2020.

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UOB Report: ASEAN Fintech Investment Defies Funding Winter, Surges Tenfold Since 2015

Fintech News

When rates were previously cut between 2019 and 2021, ASEAN fintech funding peaked at US$6.36 ASEAN’s fintech sector continues to show promise, supported by improving macroenvironment and emergence of advanced technologies. The recent interest rate cuts by the US Federal Reserve are expected to support further growth.

FinTech 107
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payabl. Joins the Payments Association EU as It Continues Its Growth Trajectory Across Europe

Fintech Finance

As we continue to grow across Europe, we recognise the importance of building closer relationships with our customers, our partners and the wider industry,” said Ugne Buraciene, Group CEO of payabl. We look forward to collaborating with fellow members to advance the industry and deliver exceptional value to our merchants,” she continued. “We

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EBANX Obtains ISO/IEC 27701:2019 Certification and Reinforces Its Commitment to Data Privacy

Fintech Finance

EBANX , a global technology company specializing in payment services for emerging markets, has achieved the top international certification for Privacy Information Management Systems (PIMS), ISO/IEC 27701:2019. Commitment to Data Security ISO/IEC 27701:2019 brings benefits that impact EBANX merchants and their customers, and employees.

ISOs 81
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Validus Halts New Loan Disbursements in Vietnam

Fintech News

The company cited delays in regulatory approvals, and will now focus on debt collection while continuing to serve existing investors and customers, Validus Vietnam has been scaling back its loan book in the country over the past year, reducing it by more than 50%. It plans to reassess lending only when there is greater regulatory clarity.

Finance 91