01/04/2023
While Japan remains the third wealthiest country in the world, it has one of the highest credit card penetration rates in Asia, with over 60% of transactions completed in cash.
12/28/2022
This comes in line with Al Salam Bank's ongoing commitment to staying ahead of the latest trends in digital technology, ensuring the delivery of a refined, transformative client experience.
12/22/2022
But in others, such as Japan, despite high technology penetration, most transactions at point-of-sale continue to be in cash.
12/21/2022
Through the Visa Fintech Fast Track Program, Skyscend is now able to expand its offerings and provide faster, more secure and streamlined payments to its customers.
12/20/2022
“We’re excited to ensure that travel merchants can now benefit from the growing popularity of the buy now, pay later phenomenon,” said Damien Cramer, global head of airlines and travel at Worldline.
12/19/2022
The EU digital identity wallet is a secure app that, when it comes into being, will allow citizens across the continent to verify their ID, access public and private services and store sensitive digital documents in one place.
12/15/2022
The investments will also focus on strengthening the payment ecosystem through new innovations and technologies, supporting digitisation of economies, and investing in upskilling, talent development and capacity building.
12/15/2022
Over time, American Express said that it will be looking to expand the focus area of the center to develop AI, ML and NLP technology use cases to support its growth.
12/14/2022
As a proportion of total money spent, cash accounted for just 8% of consumer spend (down from 15%), while credit cards rose slightly to 23%, and debit cards rose significantly to 67%.