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Digital Offerings like BaaS to Contribute Over 40% of APAC Banking Revenue By 2030

Fintech News

The digital payment and financial services company, which counts more than 100 million active customers and 37 million merchants , offers a variety of services including digital payments, a digital wallet, mobile recharges, an e-commerce platform, bill payments and travel bookings.

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Cross-Border Payments Need More Than Bank-FinTech Collaboration

PYMNTS

Throughout the year, that prediction has manifested into reality, as more traditional financial institutions (FIs) turn toward FinTech innovators to address the biggest pain points of the legacy correspondent banking system. “The nature and direction of these changes, however, [remain] unclear in many cases.” ”