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China reprimands Jack Ma’s Ant Financial over customer privacy

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 Insights

12-Jan-18 Chinese Internet regulators have scolded the country’s leading mobile payments company, Ant Financial, parent company of Alipay, for compromising its customers’ privacy by automatically enrolling users in its credit-scoring system, putting pressure on firms to better protect personal data. [image: Mobile Marketer]

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Competition is coming in Middle East e-payments

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 Insights

11-Jan-18 2017 was another good year for HyperPay, as the company achieved growth of 140 percent. CEO Muhannad Ebwini believes e-commerce will grow dramatically in 2018, especially in Saudi Arabia as authorities allow 24 million debit ATM cards for e-commerce. [image: HyperPay]

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E-commerce trends to watch in 2018

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 Insights

10-Jan-18 Worldwide retail e-commerce sales reached USD2.3 tn in 2017, 10% of all retail sales, and are set to hit USD4.5 tn by 2021. Experts say retailers that have implemented personalisation strategies will see sales gains two-to-three times greater than others. [image: What's Brewing]

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Gulf Bank driving new era of growth in Kuwait

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 Insights

10-Jan-18 Amid a wave of digital products flooding the Kuwaiti banking market, Gulf Bank has established itself as the national leader in innovation, with its groundbreaking biometric face recognition technology and numerous e-payment systems. [image: World Finance]

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