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Insights
04-Apr-20 In Latin America’s fast-growing but still developing fintech sector, the impact of COVID-19 is already being felt. Smaller banks are under pressure to digitize, given the current widespread isolation measures. Many are turning to fintechs for help and may come out of this crisis with better digital offerings than before. [image: Brink News]
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02-Apr-20 Home quarantine policies to curb the spread of Covid-19 in China have been a boon for most digital services, including remote work apps, e-learning and mobile gaming, but mobile payments have suffered due to closures imposed by lockdown. [image: Xinhua]
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10-Feb-20 WhatsApp’s digital payment arm WhatsApp Pay may finally be able to roll out its services in India in a phased manner. WhatsApp counts India as its biggest market with more than 400 million users and hopes to tap these users while rolling out WhatsApp Pay. [image: AFP]
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14-Oct-19 Saudi Arabia’s payments firm HyperPay plans to expand in the Middle East and North Africa, capitalizing on opportunities presented by the government’s push towards cashless targets. The kingdom aims to raise cashless transactions to 70 percent by 2030. [image: REUTERS/Faisal Al Nasser]
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03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]
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