Remove APACS Remove BNPL Remove Online and Mobile Banking
article thumbnail

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.

APACS 117
article thumbnail

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

article thumbnail

13 Asia Pacific Firms Make Top 100 Cross-Border Payment Companies List for 2024

Fintech News

Top 100 Cross-Border Payment Companies for 2024, Source: FXC Intelligence, Apr 2024 The Top 100 Cross-Border Payment Companies for 2024 list encompasses companies operating across consumer money transfers and remittances, business-to-business (B2B) payments, e-commerce companies, payment processors, mobile payments players and beyond.

article thumbnail

Generative AI in Payments: 4 Use Cases to Increase Revenue and Optimise Costs

Fintech News

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. To overcome those barriers, Gen AI needs a payment processing platform with powerful data management and a 24/7 online front- and back-office.

Use Case 125
article thumbnail

Finovate Global Canada: Embedded Finance, Open Banking, and Helping Newcomers Access Credit

Finovate

In addition to its funding announcement, Nmbr also reported that RBCx, the technology and innovation arm of Royal Bank of Canada, will serve as the company’s banking partner. This week, the Canadian fintech announced that it is helping Multitude Bank enhance its loan repayment processes to enable instant loan repayments.

article thumbnail

7 Fast-Growing Fintech Startups in Thailand

Fintech News

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 109
article thumbnail

13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 127