PYMNTS

OCTOBER 8, 2020

Adults with positive SARS-CoV-2 test results were approximately twice as likely to have reported dining at a restaurant than were those with negative SARS-CoV-2 test results.”. Admittedly, things look bleak for restaurants, even as life resumes and economies reopen. America doesn’t have the appetite for this. We’ve had it.

SARS 116

SARS Research Consumer Economy 116

Fintech Finance

DECEMBER 14, 2023

The campaign, which will last till December 31, will first be launched for the destinations of Hong Kong SAR, Macao SAR, Japan, South Korea, Singapore, Malaysia and Thailand. As a result, merchants in the Chinese mainland, Macao SAR, Japan, South Korea and Singapore benefited the most from the surge in cross-border mobile payment.

SARS 69

SARS Cross-Border eWallet Cross-Border Payments 69

The Fintech Times

SEPTEMBER 14, 2024

Taiwan, along with South Korea, Hong Kong SAR, and Singapore, forms the group known as the ‘Four Asian Tigers,’ renowned for their rapid industrialisation since the 1960s. These economies have since developed into fully advanced nations. Taiwan’s gross domestic product (GDP) per capita is over $35,000.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

The Fintech Times

DECEMBER 16, 2023

These e-wallets include Alipay (Chinese mainland), AlipayHK (Hong Kong SAR, China), Touch ‘n Go eWallet by TNG Digital (Malaysia), GCash (the Philippines), and TrueMoney (Thailand).

Cross-Border 69

Cross-Border SARS Cross-Border Payments eWallet 69

The Fintech Times

APRIL 29, 2024

The partnership aims to enhance the travel experience for international visitors exploring the island destination of Jeju by providing convenient digital payment services and exclusive offers and contributing to boosting the local economy.

SARS 72

SARS Online and Mobile Banking eWallet Mobile Payments 72

The Fintech Times

SEPTEMBER 6, 2024

Returning to China in 1999, Macau became a Special Administrative Region (SAR) under the ‘one country two systems’ policy. However, the country wants to diversify its economy. Diversifying the economy When China reopened, economic development and rebooting the tourism industry were top priorities.

SARS 59

SARS Cross-Border Governance Government 59

PYMNTS

MARCH 17, 2020

The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of those economies. With the global economy at about $86 trillion, as estimated by the World Bank, the impact could be more than $1 trillion.

SARS 64

SARS Economy Shutdown Fed 64

PYMNTS

MARCH 1, 2020

The coronavirus has had a crippling effect on the global tourism economy, hobbling the would-be powerful spending from Chinese tourists. Experts say it could be years before the world’s economy fully bounces back.

SARS 69

SARS Economy Governance Government 69

Fintech Finance

NOVEMBER 5, 2024

Pay Local builds upon Mastercard’s existing collaborations with leading wallet providers, including Alipay and Weixin Pay in the Chinese Mainland and Octopus in Hong Kong SAR, to offer a convenient way for international visitors to pay like locals when traveling to these locations, regardless of where in the world their Mastercard card was issued.

Visa 97

Visa Process Financial Inclusion SARS 97

The Fintech Times

APRIL 29, 2024

We hope the trade can capture the opportunities brought along by visitors and roll out new products to enhance visitors’ experience in Hong Kong together and stimulate consumption to maximise the contribution of the tourism industry to the economy.” Similar to Alipay (Chinese mainland).

eWallet 59

eWallet SARS Cross-Border Payments Cross-Border 59

PYMNTS

FEBRUARY 10, 2020

Canada Finance Minister Bill Morneau said that the coronavirus is probably going to have a “real” impact on that country’s economy, according to a report Monday (Feb. The virus, which has killed 910 people, has claimed more lives than the 2003 outbreak of SARS. 10) by Bloomberg. We know the impact is real.”.

SARS 64

SARS On-Demand Origination Economy 64

PYMNTS

SEPTEMBER 30, 2018

If there is suspicious activity, the IdentityMind platform can pre-populate a suspicious activity report (SAR), IdentityMind Global said in the press release. Virtual currencies are an important, emerging area within the world’s fast-growing digital economy.

Suspicious Activity Report (SAR) 57

Suspicious Activity Report (SAR) Money Laundering Risk Assessment SARS 57

The Fintech Times

FEBRUARY 1, 2024

Some of the supported e-wallets include: Alipay (Chinese mainland) AlipayHK (Hong Kong SAR China) MPay (Macao SAR China) Kakao Pay Naver Pay Toss Pay (South Korea) OCBC (Singapore) Touch&Go (Malaysia), GCash (The Philippines) TrueMoney (Thailand) Tinaba (Italy).

Tax Refunds 64

Tax Refunds SARS Cross-Border Cross-Border Payments 64

The Fintech Times

SEPTEMBER 10, 2024

In 2024, China’s fintech landscape is playing an increasingly central role in its economic development, as the country continues to solidify its position as the world’s second-largest economy. China’s economy is diverse, with leadership across various sectors, including manufacturing, agriculture, and financial services.

FinTech 59

FinTech Online and Mobile Banking Digital Currency Economy 59

FICO

APRIL 12, 2017

Economies of scale is one of my favorite economic principles. In doing so, banks can gain powerful technology economies of scale, too, leveraging mature, market-proven analytic models to benefit new domains within their business. How do behavioral analytics work? . It’s the same situation with cybersecurity.

Financial Crimes 49

Financial Crimes Crime Suspicious Activity Report (SAR) SARS 49

The Fintech Times

JUNE 26, 2024

According to a new report by the Bank for International Settlements (BIS) , central banks must embrace AI to harness its full potential and anticipate its far-reaching impacts on the economy and financial systems. All this could help central banks predict and steer the economy better.”

Central Bank 59

Central Bank Risk AI Money Laundering 59

The Fintech Times

SEPTEMBER 2, 2024

.” Backing innovation and digitalisation “Financial innovation and fintech enablement is pivotal to the ongoing transformation of Saudi Arabia’s economy,” added Ayman Al Sayari , governor of Saudi Central Bank. Saudi Arabia’s Vision 2030 makes clear its goals for fintech leadership. billion by 2030.

FinTech 59

FinTech SARS Central Bank Authorization 59

PYMNTS

NOVEMBER 21, 2018

In addition to risks of money laundering, misinvoicing causes government entities to lose out on customs duties, VAT and other taxes, while also often moving money out of national economies. The think tank estimates that annual under-invoicing on imports to South Africa is valued at $16.3 billion, and over-invoicing at $9.8 billion.

Governance 48

Governance Government Cross-Border SARS 48

PYMNTS

FEBRUARY 28, 2020

As we’ve previously noted in this space, estimates have pegged the economic impact of SARS at $40 billion; we’re seemingly way past SARS in terms of the reach and severity of this epidemic – and, of course, China is a much bigger part of the global supply chain than it once was. Everything is down tremendously.”.

Returns 52

Returns SARS Rules On-Demand 52

Fintech Finance

APRIL 8, 2024

We believe the convenient and seamless payment experience will boost economies where individuals, businesses and communities can thrive and promote people-to-people exchanges.” They can choose the ways to pay with Visa in accordance with their preferences and needs, no matter using international cards, local e-wallets or cash.

Consumer 52

Consumer SARS Cross-Border Mobile Payments 52

Fintech Finance

APRIL 26, 2024

Sun Ho, Chairman and CEO of Macau Pass, Macao SAR, said: “I am very delighted to see that through collaboration with Alipay+, our e-wallet MPay enables residents of Macao to enjoy a seamless cross-border mobile payment experience in Hong Kong without the need for currency exchange, thus greatly enhancing the convenience and security of payments.

Cross-Border 59

Cross-Border Cross-Border Payments eWallet Digital Payments 59

PYMNTS

FEBRUARY 3, 2020

The Coronavirus Continues to Cut Down the Chinese Economy . As of the start of this week, there were more than 17,000 diagnosed cases within China, and the disease officially has more fatalities associated with it than the SARS outbreak of the early 2000s. Thus far the closures have been big.

Bitcoin 52

Bitcoin Ransomware SARS Crime 52

FICO

NOVEMBER 27, 2019

Rapid payments, instant payments, PSD2 have been vehicles to further misuse the financial system for laundering money and harming banks, their customers and the economy worldwide. Criminals are getting more and more sophisticated. On the other side, there is a lot pressure on banks to stop the constantly increasing costs of being compliant.

Financial Crimes 52

Financial Crimes Crime Compliance AI 52

PYMNTS

MARCH 19, 2020

How long will it take the economy to recover from such a large-scale and totally unexpected disruption? Will the American medical infrastructure hold out against the crisis better than its counterpart in Italy? How long will citizens be advised to stay inside? Is anyone ever going back to school? And in the U.S.,

SARS 68

SARS Legal Authorization Economy 68

Stax

DECEMBER 4, 2023

With the global economy moving online, corruption, fraud, trafficking, and other illicit activities continue to rise. It mandates ongoing monitoring of suspicious activity, recordkeeping, and submitting suspicious activity reports (SARs) to the government. According to a UN report, money laundering activities of about $1.6

Money Laundering 88

Money Laundering Compliance AML Due Diligence 88

The Fintech Times

MARCH 20, 2024

Making everyone feel welcomed in China Xie Dong , Vice Mayor of Shanghai , said that payment is the foundation of the economy and finance, and plays a crucial role in facilitating people’s lives, optimizing the business environment, and building a thriving consumer market. These are estimated to cover 60 million potential customers.

Use Case 59

Use Case Online and Mobile Banking Governance Government 59

PYMNTS

FEBRUARY 3, 2020

The Chinese government braced for additional economic turmoil, took steps to bolster its lagging economy and activated new safety measures as the coronavirus epidemic spread globally, causing the first illness-related death outside of China. As of last Saturday, 14,380 remain infected. No one yet knows how bad it will be.

Economy 58

Economy SARS Continuity Governance 58

PYMNTS

JANUARY 7, 2021

Health experts suspect that the latest surge in infections is being fueled in part by the emergence of a more contagious strain of the virus SARS-CoV-2, which causes COVID-19. Economists, meanwhile, are banking on vaccination programs to help jump-start the global economy.

SARS 78

SARS Economy Central Bank Regulations 78

PYMNTS

MARCH 2, 2020

Global supply chains are impacted, as millions of workers living in the provinces of developing and emerging economies like China, Vietnam, South Korea and Malaysia are unable to work at the manufacturing facilities due to quarantine, illness or both. Why We Need A Connected, Digital Economy — Now More Than Ever. We see it everywhere.

Economy 112

Economy Online and Mobile Banking Innovation On-Demand 112

PYMNTS

JANUARY 26, 2020

Despite the slowing economy that had Chinese officials hoping people would spend, the government is now advising residents to stay home as the deadly virus spreads. The virus — a genetic cousin of the SARS virus— comes at a time when 7 million Chinese tourists travel abroad during the Lunar New Year holiday in 2019.

Consumer 77

Consumer SARS Origination Economy 77

CB Insights

JUNE 17, 2020

Historically, market downturns have triggered a rise in demand for graduate-level programs as young professionals seek to avoid a harsh job market and look for ways to augment their skills while the economy stabilizes. every year since 2003 for pandemic insurance following the SARS outbreak. Conversational AI/chatbots.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

PYMNTS

FEBRUARY 19, 2020

We wonder how many firms may have been prescient enough to anticipate a pandemic that could dwarf SARS. Typically, communicable disease is an optional coverage that you can buy for an additional premium.”. Fleischer went on to state that companies could face loss of revenues tied to refunds for attendees.

SARS 56

SARS Audit Governance Government 56

PYMNTS

JANUARY 31, 2020

There are now over 8,000 cases worldwide, businesses like Starbucks and McDonald’s have shut down in China, planes have been grounded due to the outbreak and analysts are beginning to wonder if the coronavirus’s total economic effect will dwarf the $40 billion toll SARS took on the world economy a decade and a half ago.

Bitcoin 40

Bitcoin PayPal Payments Cross-Border 40

PYMNTS

MARCH 17, 2020

retail economy is unprecedented. Indeed, the SARS crisis is often credited with accelerating the adoption of e-commerce in China. The partial shutdown of the U.S. Terror attacks on 9/11 happened well before the internet was a factor, and are therefore not relevant as a comparison. So what sticks?

Contactless Payments 53

Contactless Payments SARS Shutdown Wire 53

PYMNTS

JANUARY 28, 2020

Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21 st century. SARS as Prologue? And through the authors’ models, the global economic loss from SARS came close to $40 billion in 2003. Trade wars. The death toll is on the upswing. percent to 4.4

SARS 66

SARS Economy On-Demand Cross-Border 66

PYMNTS

JANUARY 31, 2020

The Subscription Economy: What the 2020s Have in Store . Why the Coronavirus May Dwarf SARS’ $40B Economic Toll. But former FDA Commissioner Scott Gottlieb stated in a CNBC interview that the coronavirus outbreak is more contagious but less severe than had been seen with SARS.

Technology 52

Technology SARS Online and Mobile Banking Contactless Payments 52

The Fintech Times

DECEMBER 9, 2024

The platform aims to make Sharia-compliant real estate investments more accessible, with a minimum entry of SAR 500, aligning with Saudi Arabias economic goals under Vision 2030. Saudi Arabias economy plays a pivotal role in Stakes decision to enter the market, with the Kingdom forecasted to grow by 4.6

SARS 64

SARS Economy Participant Authorization 64