Fintech News

MAY 27, 2024

This predicament is particularly acute for fintech firms in the Asia-Pacific (APAC) region, where the fintech sector is rapidly expanding. The Evolving Fraud Landscape APAC has seen a significant uptick in corporate data breaches, profoundly impacting fintech companies. million in 2021.

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The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC. per cent from 2022 to 2031. Globally the financing gap for formal MSMEs is an estimated $5.2

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Fintech News

JANUARY 21, 2024

The MoR model not only addresses these challenges but also opens up new opportunities for suppliers, allowing agencies to offer consumers new payment options such as installment methods and buy now, pay later (BNPL) arrangements. year-over-year, with APAC experiencing an 11.7% Mastercard estimates that globally, about 1.5

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The Fintech Times

OCTOBER 15, 2024

These include cross-border payments Airwallex , buy now pay later (BNPL) Afterpay and challenger bank Judo Capital. The majority of the APAC region’s adoption of the technology has been market-driven – however, in Australia, regulations have driven its development. The country is also home to various unicorns.

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Cross-Border Payments Scams Non-Bank Cross-Border 52

Fintech News

JUNE 20, 2024

Even more reassuring, 54% of FSIs surveyed in EMEA, USA, and APAC are already embedding AI into their offerings or expanding their initiatives, and 61% plan to use Gen AI in 2024. Will Generative AI in payments accelerate financial institutions on their path to increased revenue and cost optimisation?

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Fintech News

MAY 19, 2024

Twimbit, a Singaporean research and advisory firm, identifies data monetization as one of the biggest growth opportunities for banks in Asia-Pacific (APAC), which, alongside super-app platforms, financial marketplaces, banking-as-a-services and buy now, pay later (BNPL) arrangements, are projected to contribute over 40% of banking revenue by 2030.

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Fintech News

MARCH 18, 2024

According to the report, cashless payments are now widespread in Thailand, reaching an adoption rate of 94% in 2021. Ascend Money secured its latest round of financing in 2021, closing a US$150 million Series C at a valuation of US$1.5 since 2021. billion and becoming Thailand’s first fintech unicorn.

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