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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

CHINA #1 China Merchants Bank China Merchants Bank Co., was established on March 31, 1987 and based in Shenzhen, China, specialising in delivering corporate and personal banking services. It concentrates on individual and corporate clients, credit card services, and small and medium enterprises.

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Apple Card And The FinTech, TechFin Conundrum

PYMNTS

However, when Solomon touts its August debut as “the most successful credit card launch ever,” it’s hard not to notice and take that statement with a fair amount of credibility. Apple, too, is saying nothing but nice things about Apple Card, which “is designed to work with any other credit or debit card stored in the Wallet app for use with

FinTech 42
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay.

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Senders As Issuers: A New Space For Cards In Global P2P

PYMNTS

Consumers aren’t cashing out as often, as they are moving those funds into digital wallets and spending them directly off debit cards, because it is more immediately and easily spendable that way. A bank in Singapore, for example, that wants to start issuing cards will be waiting for about nine months to finish that project.

Issuers 75