Remove Alternative Payment Methods Remove Global Payments Remove Online and Mobile Banking
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Forrester Report: The Future of APAC Payments

Fintech News

In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. The system is expected to support corporate transactions with the possibility of consumer usage in the future.

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One Third of UK Adults Now Use Mobile Contactless Payments

Fintech Finance

Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 Anecdotal evidence suggests that this trend is caused by increased numbers of shopping trips, the transition to hybrid working, the use of multiple bank accounts, and the increased use of Buy Now Pay Later (BNPL) services. billion).

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Cash Remains Second Most Popular Payment Method in the UK, But is a Cashless Society Still Imminent?

The Fintech Times

Concerns about the prospects of a completely cashless society have been compounded in recent months, following a number of high-profile payment systems outages. The number of cash payments rose during 2022 for the first time in a decade but has now fallen back to roughly where it was in 2021. Is mobile banking set to dominate?

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Worldline Partners with Opn to Help International E-commerce Companies Grow Their Business with Thai Consumers

Fintech Finance

Worldline [Euronext: WLN], a global leader in payments services, reinforces its presence in the fast-growing Asian e-commerce market and announces a new strategic partnership with Opn , a leading payments company from Southeast Asia. Likewise, the number of e-commerce users is expected to rise from 41.2 million in 2023 to 45.8

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In India, Banking Banks On Blockchain

PYMNTS

FinTech linkups continue, where banks and smaller firms are helping their larger, usually traditional financial brethren navigate digital payments and technological challenges. In India, Infosys said that it has formed a blockchain with seven banks, to be known as India Trade Connect. The examples span the globe.

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Alternative Payments Gain Global Traction, But Cash Remains Tough Foe

PYMNTS

It also provides another sign that that cash is, generally at least, slowly losing its dominance as a payment method in all types of economies. But while alternative payment methods are certainly on the upswing in 2019, there are significant hurdles that promise to impede their progress in the developing world and elsewhere.

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Together, LatAm and African Digital Markets to Surpass $1trillion in Total Value by 2026 Finds EBANX

The Fintech Times

In its annual Beyond Borders report, EBANX found that while digital commerce is growing by 13 per cent or 12 per cent per year in more consolidated markets around the world, like the US or Europe, online sales are expanding at a much faster pace in rising economies, of 20 per cent, according to Statista ‘s data, in the study.