Insights
06-Apr-20 Banks will focus more on preserving asset-quality indicators than generating new business. Conventional and Islamic banks in the Gulf Cooperation Council (GCC) countries will see a drop in revenue and credit growth in 2020. [image: REUTERS/Stephanie McGehee]
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Insights
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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Insights
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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Insights
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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Insights
30-Sep-19 PayPal’s acquisition of a 70 percent state in GoPay will make it the first foreign platform to provide online payments in China. Though China’s payments market is led by local players, there’s still plenty of room for growth. [image: TechCrunch]
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