Fintech News
MARCH 6, 2024
Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.
Fintech News
OCTOBER 23, 2024
Not all merchants have access to such acquiring services that contribute to a smooth, personalised experience across all channels. What does it take for acquirers to make their offering truly omnichannel? Amidst the pandemic constraints in 2019, the migration was completed in just nine months.
PYMNTS
DECEMBER 7, 2016
And it’s that push toward forward evolution that leads to this week’s big news — American Express has acquired InAuth, Inc. And that device-centric view will become increasingly important as commerce becomes increasingly digital, mobile devices proliferate — and fraudsters flock online. The changing commerce landscape.
PYMNTS
DECEMBER 29, 2020
To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. As has been profiled in this space previously, virtual IBANs serve as reference numbers issued by banks. Platforms and single access points help bridge the gap between traditional banks and eCommerce.
PYMNTS
SEPTEMBER 28, 2020
India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). For instance, he noted that in the realm of financial services, Paytm is licensed as a bank, an insurance broker, a wealth manager and an equity broker and trader.
Clearly Payments
NOVEMBER 6, 2024
This market includes a range of services and technologies that facilitate the acceptance, authorization, and settlement of payments across various channels, including online, in-store, and mobile. Merchants partner with acquirers or payment processors to enable transactions. trillion 2019 $4.0 trillion 2020 $3.8
The Payments Association
NOVEMBER 18, 2024
How fintechs are challenging traditional banks in the merchant services space, posing a threat to banks’ core business and revenue streams. The shift driven by fintechs could erode banks’ dominance, forcing them to modernise or risk losing a significant share of the market. Why is it important? What’s next?
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