Remove Economy Remove On-Demand Remove Online and Mobile Banking
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Vietnam’s Digital Economy Soars with Tech Adoption and Rising Incomes

Fintech News

Vietnam’s digital economy is rapidly expanding, reaching a value of US$30 billion in 2023 and projected to increase by 20% to hit US$43 billion by 2025. Businesses too are embracing digital transformation at a fast pace, digitalizing data, standardizing their processes, and incorporating new technologies. points from 2022 to 2023.

Economy 114
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Visa Unveils SMB Online Toolkit to Maximize Benefits of Contactless Payments for Vietnamese SMBs

Fintech Finance

Visa , a world leader in digital payments, is introducing resources to help merchants in Vietnam, unveiling a SMB Online Toolkit, for small and medium-sized businesses to accept and take full advantage of Visa’s digital payment solutions. Globally, Visa’s tap to pay penetration reached 65%, doubling from 20192.

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Deep Dive: Adapting Worker Payments To The On-Demand Era

PYMNTS

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Various compensation alternatives have recently emerged that are more aligned with workers’ on-demand expectations. as W-2 employees.

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Finovate Global Uzbekistan: Fintech Innovation and Banking Breakthroughs in Central Asia

Finovate

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. You joined TBC a few years after the bank expanded to Uzbekistan. Why Uzbekistan?

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Open Banking & Direct Debits: The Best of Both Worlds For Insurers

Open Banking Excellence

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. This is leading to a golden age of choice for businesses, who now have access to the cost savings and customer-centric capabilities that a new wave of Open Banking-powered payment products can deliver.

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The Long Term Impact of COVID on the Payments Market

Clearly Payments

The COVID-19 pandemic has reshaped industries and economies worldwide. Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. in 2020, reaching $4.28

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5 Lessons APAC Digital Banks Can Learn from Nubank’s US$1B Profitability Journey

Fintech News

The meteoric ascent of Brazilian neobank Nubank has sent shockwaves through the Latin American banking industry. As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking.

APACS 124