The Two Sides of Payments Modernization in Asia: Real-Time and Financial Inclusion

Home to nearly 60 percent of the world’s population, as well as some of the most dynamic and diverse markets, the Asia-Pacific (APAC) region plays a critical role in shaping the world economy. The diversity of the region is also evident in its payments landscape, with almost every country forging its own path towards payments modernization.

The Fight for Fuel Customer Loyalty Is On

In 2019, price determined where 59 percent of consumers chose to purchase their fuel, and more than half opted to pay at the pump, preferring to simply pay for gas and go.

Payments in a Post-Coronavirus World: How the Pandemic Is Influencing Tomorrow’s Industry in Latin America

While the novel coronavirus has (understandably) dominated the day-to-day focus of today’s payment players, the fact is, at some point we will either fully adapt or be living in a post-coronavirus world. How can our industry prepare? In a recent webinar hosted by Fintech Americas, we brought together experts from Redeban Multicolor, Red Link and PROSA to explore where they see the industry going – with a specific emphasis on Latin American markets – and what they’re doing to ensure future success.

Central Infrastructure for Real-Time Payments: Overcoming the Final Hurdle [Mastercard Q&A]

The modernization of cross-border payments has brought transparency, certainty and speed to international business. However, the long-term success of new innovations, such as SWIFT gpi and Universal Confirmations, hinge upon real-time, end-to-end, data-rich transaction flows.

Gaming Merchants Are Riding a Rollercoaster in 2020 with Rises in Revenue and Fraud

With the social lives of millions worldwide on hold due to the COVID-19 pandemic, many have turned to video gaming as a safe outlet to interact with others or to simply counter boredom.

Could COVID-19 Be India’s Cashless Catalyst?

India’s push towards a digital economy has accelerated over the years, with a supportive regulatory environment, home-grown technologies and innovation around digital infrastructure improving “last mile” connectivity to the remote towns and rural areas of the country. While the “Digital India” drive has been consistent, the COVID-19 pandemic has brought out the true value of digitization for businesses and consumers alike. It is a watershed moment and has fast-tracked the pace of digital adoption, particularly for payments, which now plays a critical role in economic recovery.

Platform Driven Payments Can Drive Improved Profitability for Fuel and Convenience Store Merchants

Those of us who drive often don’t think too much about refueling our cars unless or until our tanks are nearing empty. And as long as the price is acceptable and the transaction efficient, a quick, convenient fill up is all we need.

The Nordics’ P27 Initiative: Payments in Uncharted Waters

The advance of real-time payments around the world seems unstoppable, with 45 schemes currently live and a further 13 (at the time of writing) in the planning stages. In Europe, the Nordics’ P27 initiative – the world’s first integrated multi-country, multi-currency, real-time payments platform spanning Denmark, Finland, Sweden and Norway – promises to make headlines as it takes payments into uncharted waters.

The Pandemic Has Accelerated the New Era of Acquiring

The COVID-19 pandemic has accelerated many trends already taking shape in consumer purchasing behavior. Almost overnight, routine activities ranging from picking up groceries to buying gas unexpectedly became something that they had never been before – risky.

How Southeast Asia’s Banks Can Remain Competitive and Profitable in a Real-Time World

Cross-border payments across Southeast Asia are shifting as market dynamics, increased competition and increasingly demanding customers drive rapid change. As payment systems are modernized and the market evolves, banks and governments must stay on top of these trends.

Recurring Success: Exploring Subscription Payment Trends

When you think of recurring monthly expenses, there are certain obvious bills that come to mind: mortgage or rent, utilities and phone bill, among others. But today, monthly recurring expenses increasingly include things like online streaming services (music and entertainment), meal kits, pet treats, video games and clothing. It seems there’s a subscription service for everything these days — and consumers are taking full advantage.

The benefits of open banking for LATAM

Thanks to customer demand and regulations on how customer data can be gathered and used, open banking has seen rapid growth throughout the world. The EU and U.K. have been leading forces in the implementation of open banking, while countries such as Canada, New Zealand, Hong Kong and Japan have been quick adopters.