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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. BNPL, in particular, has surged, rising from accounting for 1.6% APAC leads the world in digital wallet adoption.

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Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising Threats

Fintech News

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. million in 2021.

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What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

It notes that while COVID-19 accelerated the digital shift, Asia-Pacific (APAC) still face significant financial inclusion challenges with 820 million unbanked and 1.8 Alternative lending: addressing credit gaps Alternative lending, including buy now, pay later (BNPL), is another booming fintech vertical in Southeast Asia.

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Key Trends Shaping Cross-Border Payments in APAC

Fintech News

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. The APAC region led this trend, contributing nearly two-thirds of global spending, with a combined US$9.8

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2023’s Biggest Rounds of Fintech Funding in APAC

Fintech News

To get a sense of APAC’s up-and-coming fintech leaders, we take a look today at some of 2023’s largest VC-backed rounds fintech of funding in APAC, showcasing the startups that managed to beat the odds in the face of a challenging fundraising environment and global economic uncertainties.

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Top 10 Buy Now, Pay Later Players (BNPL) in India in 2024

Fintech News

Buy Now, Pay Later (BNPL) in India has experienced a rapid increase in adoption, with its share of e-commerce sales in Asia-Pacific (APAC) surging from just 0.1% Similarly, Freecharge Pay Later is no longer available, according to its website, signaling further shifts in the BNPL landscape. in 2019 to an estimated 5.8%

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Klarna Partners with UATP to Tap the $1 Trillion Air Travel Industry

Fintech Finance

Klarna gains immediate access to UATP’s vast base of airlines and travel agencies and is a preferred BNPL partner for EU and APAC. For UATP, integrating Klarna further strengthens the payment network’s support for BNPL options. Klarna’s BNPL is a short-term, interest-free credit service with no fees when paid on time.

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