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Fintech in Singapore: 2023 in Review

Fintech News

These trials focus on examining tokenized bank liabilities, wallet interoperability, supplied financing and institutional payment controls. To complement the digital money trials, MAS said that it will commence the development of CBDC for wholesale interbank settlement in 2024.

FinTech 104
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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Global Usage : Debit cards accounted for 23% of online retail payments worldwide in 2023, with particularly high use in markets such as Canada, where over 60% of consumers prefer debit cards over credit.