Remove Interbank Settlement Remove Retail Payments Remove Stablecoins
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Fintech in Singapore: 2023 in Review

Fintech News

On digital money, MAS is investigating wholesale central bank digital currencies (CBDCs), tokenized bank liabilities, and regulated stablecoins. These trials focus on examining tokenized bank liabilities, wallet interoperability, supplied financing and institutional payment controls.

FinTech 97
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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. However, this growth may face regulatory scrutiny as governments look to protect consumers from potential debt risks.