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Insights
19-Apr-18 The People's Bank of China has issued an Announcement allowing qualified foreign-invested enterprises to apply for payment business licences under the existing legal regime applicable to domestically-owned entities. [image: TMTPost]
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Insights
16-Apr-18 The cashierless Amazon Go concept is inspiring fear in traditional US retailers, but the idea is already mainstream in China. Beginning in 2016, a cashierless chain called BingoBox has already grown to 300 locations and 30 cities. [image: PaymentsSource]
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Insights
11-Apr-18 In Mar-18, the Indian National Payments Corporation reported that UPI saw more than 178 million transactions and totalling more than USD3.7 bn. At this rate, incumbent payment innovators might just get disintermediated themselves. [image: Bloomberg News]
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Insights
11-Apr-18 Digital payments in the Middle East are at a watershed as regulations, culture and technology all shift, opening the door for innovative companies to disrupt one of the oldest payment ecosystems in the world. [image: Global Growth Markets]
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Insights
10-Apr-18 China’s digital economy has experienced massive growth in the last decade. In 2008, China accounted for <1% of e-commerce; today its share is 42%. In comparison, the United States’ share is down 10% since 2005, to 25%. [image: McKinsey Global Institute]
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