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TechnologyFingerprints and Technical Equipment & Supplies Company (Tesco) Partner to Promote Contactless Biometric Payment Cards in the Middle East
BusinessE-Commerce in the Land of Cherry Blossoms
BusinessMaking International Business Easier and Faster for Ecommerce
BankingWhat Will Banking Look Like in 10 Years Time?
AsiaPay: Adopting Latest Technologies in Market-Led Innovation to Become an APAC’s Leading Digital Payment Service Provider
Date: August 30, 2022
AsiaPay was founded in 2000 and is known as one of the leading digital payment processing service and solution houses in the Asia Pacific region. Their integrated payment services support the acceptance of credit and debit cards, netbanking, digital wallets, BNPL (buy-now-pay-later), crypto payment and many other local payment methods in Asia Pacific. Wanda Rich,...
Facial Recognition Is the Best Tool to Tackle the Increase in Financial Fraud
Date: August 29, 2022
By Anton Nazarkin, Global Development Director at VisionLabs Financial fraud is on the rise and costs banks billions of dollars a year. Between 2016 to 2020, synthetic fraud[1] losses grew from $6 billion to $20 billion[2]. Moreover, more than half of senior banking officials stated they recovered less than 25% of fraud losses in a...
Leading Industry Players Struggle as Digital Disruptors Seize Control of Consumer Markets
Date: August 29, 2022
By Kevin O’Connell, Chief Product Officer at Trust Payments The past two years upended the retail industry, forcing the closure of physical stores and a surge in demand for e-commerce products and services. Due to this abrupt shift, many businesses were scrambling in search of alternative payment channels, which led to merchants incorporating digital payment...
How to Encourage a Shift to Digital by the Unbanked in Today’s Cash Conundrum
Date: August 29, 2022
By Mike Peplow, CEO at Paynetics. Mobile banking has become the norm for many people across the country. People are very comfortable using digital wallets and it is no longer an emerging tech. In 2020, 13.7 million people in the UK either didn’t use cash at all or only used it to make a single...
Overcoming Late Payments and Inflation With Digital Innovation
Date: August 25, 2022
By Bradlie Houldsworth, head of product at Remarkable Commerce Mastercard’s Strive Business Barometer report revealed around 1.5 million small and medium-sized (SME) retailers anticipate a loss of business due to the rising cost of living. With some consumers having less money to spend on non-essential items, retailers are understandably uncertain about what the future holds....
Exclusive-Tinder-owner Match Ups Antitrust Pressure on Apple in India With New Case
Date: August 25, 2022
By Aditya Kalra NEW DELHI (Reuters) – Tinder-owner Match Group has filed an antitrust case against Apple with the competition regulator in India, accusing it of “monopolistic conduct” that forces developers to pay high commissions for in-app purchases, a legal filing seen by Reuters shows. Apple is fending off a raft of antitrust challenges around...