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By combining traditional credit cards, digital wallets, BNPL (Buy Now Pay Later) services, and real-time payments, businesses can offer customers a seamless, personalised experience. Technological advancement and regulatory pushes towards cashless economies are driving this.
This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. Known for its industry-leading standards in regulatorycompliance, security, and privacy, Crypto.com continues to expand its global reach and regulatory approvals.
AFC’s diverse members represent a cross section of responsible Fintech companies that embrace transparency and are rooted in regulatorycompliance and consumer protection. AFC members are at the forefront of fostering competition in consumer finance and pioneering ways to better serve underserved consumer segments and geographies.
Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments. As regulatorycompliances are updated, fintechs and payment platforms with robust currency management programs, multiple licences and MCCY IBAN’s will become more popular with businesses engaged in global trade.
One of the growing trends, neobanks target underserved segments, including small businesses and freelancers. Examples of embedded finance include buy-now-pay-later (BNPL) options at checkout and insurance products offered during travel bookings. Digital solutions provide access to financial services for underserved populations.
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