The adoption of digital payments is accelerating the pace of growth and innovation. Changing preferences and continued government efforts are driving cash displacement in Malaysian consumers. According to the Visa Consumer Payment Attitudes 2021 study, seven out of 10 Malaysians have tried to go cashless in 2021. Additionally, the average…
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Investment and merger of CurrencyFair with Assembly Payments. Global cross-border payments platform CurrencyFair and Assembly Payments, whose platform automates complex payment workflows, have merged as a result of a strategic investment by Standard Chartered, subject to shareholder and regulatory approval. SC Ventures the ventures and fintech investments unit of Standard…
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20 per cent of organisations will adopt connected cloud strategies by 2023 Cloud adoption has accelerated as organisations look for agility and resiliency in the new normal, reports IDC FutureScape: Worldwide Cloud 2021 Predictions – India Implications for 2021. Enterprises in India are leveraging cloud for objectives beyond business continuity…
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Empowering corporate clients to accept payments digitally, amid the rising trend of digital payments adoption by consumers. Deutsche Bank has launched a digital payments platform for its clients in Thailand to facilitate local collections through Southeast Asia’s leading payments platform provider, 2C2P. Through 2C2P’s platform, the bank’s corporate clients in…
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Australian bank implements technology to stop against abusive messages sent via payment transactions Westpac has taken measures to make digital banking safer for customers, including giving customers the ability to report abusive messages via online and mobile banking, and blocking inappropriate language from outgoing payments. The changes have been introduced…
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Opportunities in the digital economy over the next three years. Singapore’s Info-communications Media Development Authority (IMDA) and the Singapore Business Federation (SBF) and Infocomm Media Development Authority (IMDA) have renewed a Memorandum of Intent (MOI) on 22 September 2020 to reaffirm both party’s continued commitment to help drive digital transformation…
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