Tag: Cashless
The Financial Services Revolution
Its five years since we published the Access to Cash Report - Is Britain ready to go cashless?
Those past five years have witnessed a...
Breaking News
Asia banks spend $45 billion on compliance – for what?
Compliance-tech vendor LexisNexis has commissioned a study that says financial institutions in Asia Pacific spent $45 billion last year on financial crime compliance.
Most firms...
Banks Risk Losing Billions of Dollars in a Few Years
In a world where people learn to use their thoughts and brain chips to control technology, plastic cards and 2-day transactions still prevail. Such...
Businesses can adapt to the cashless trend
The prevalence of contactless payments is on the rise, driven by convenience. A growing number of consumers prefer the ease of transactions without the...
Payments and Smart Cities: Financial Transactions in Urban Technological Integration
As cities evolve into interconnected hubs of innovation, the integration of
smart technologies with payment systems is redefining the way residents,
businesses, and city services engage...
Paying it Forward: The Future of BNPL, GenAI, and Embedded Finance in PayTech
Amid continuing economic uncertainties, consumers are taking advantage of a raft of emerging technologies in financial management, investment, and savings. We are rapidly moving...
Cashless Societies and Economic Efficiency: A Paradigm Shift in Financial Operations
The transition towards cashless societies marks a profound and
transformative shift in the financial industry, ushering in a new era with
extensive implications across various dimensions.At
the...
Revolutionizing Real-Time Payments with GenAI
1. Introduction
Today, real-time payments are being revolutionized by Artificial Intelligence. This is a significant change for the better, because previous ways of making payments...
Mastercard Appoints Folasade Femi-Lawal as Country Manager for West Africa
The global payments technology giant Mastercard has
appointed Folasade Femi-Lawal as the Country Manager and Area Business Head for
West Africa. With over 25 years of...
Cashless Societies and Income Inequality: Examining the Social Impact of Payments
In
the era of transitioning towards cashless societies, the relationship between
payment methods and income inequality is a pressing concern that demands
exploration. This article dives into...
Payments Trends to Watch in 2024
Driven by convenience, speed, and cost, consumers have more payments choices than ever before, and companies are becoming more diversified in the options they...
“Less Cash, Identity, Risk, Transition, Coexistence, and Channeling”: Experts’ Insight
In a panel discussion at the
Finance Magnates London Summit 2023, industry titans convened to dissect the
evolving contours of finance under the theme "Banking Reimagined:
Disrupting...
DBS Extends S$3 Hawker Meal Subsidies on Fridays Until 26 July – Fintech Singapore
DBS Bank has extended its hawker meal subsidy programme which will now run until 26 July 2024, offering cashback incentives for customers using the...