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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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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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Insights
06-Apr-18 Cryptocurrency real-time gross settlement company Ripple is targeting three prominent overseas money transfer companies in order to put the company’s blockchain technology to the test. MoneyGram was the first to start, and Western Union was quick to follow. [image: Adobe Stock_PaymentsSource]
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06-Apr-18 CardUp users can now pay for recurring cash expenses like taxes and rent via credit card. The development follows its seed funding round of USD1.7 mn, led by Sequoia Capital and Seedplus. [image: Fintech Singapore]
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05-Apr-18 Global card companies Visa and Mastercard are struggling for market share with India's homegrown payment channels. Compounding troubles for card companies is the scant availability of swiping machines across India with just 1,900 per million people. [image: DW]
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