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Insights
08-Jan-18 Thanks to a die-hard affection for cash, Japan loses over USD17.6 bn every year as a result of 65% of payments being settled in cash, more than twice the average 32% among other developed economies. [image: BCG]
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Insights
08-Jan-18 Sprint has come up with a battery-powered payment card which functions as a debit, credit, prepaid, multi-currency or loyalty card. Partnered banks Emirates NBD, Japan’s Sumitomo, Canada’s CIBC and India’s IndusInd are expected to launch the card in 2018. [image: Dynamics Inc]
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Insights
07-Jan-18 The US saw USD112 billion of mobile payments in 2016, while payments in China totaled USD9 trillion. For Alibaba and Tencent the payoff isn’t just the 0.6 percent transaction fee from merchants. It’s also the consumer data collected. [image: Forrester Research / iResearch]
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Insights
05-Jan-18 Store owners in Japan may soon be able to accept payments using JCB's new palm scanning payment app. Advances in 'empty-hand payments', requiring neither phone nor wallet, could push Japan forward in the move away from cash. [image: Nikkei Asian Review]
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Insights
03-Jan-18 2017 has been an exciting year for fintech startups in Indonesia with online lending (8% of total), payment gateways (43% of total), and market provisioning and aggregator offerings (13% of total) making up the bulk of the market. [image: Mekar]
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