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Business opportunities in the pandemic and the road ahead

Thought leader insights | | Ecommerce | Published | Tuesday 26 May 2020 08:55 CET

To face a post-COVID-19 world with confidence, businesses are advised to modify their current processes, culture, and customer experiences. Harvey Chan from Payment Asia has some ideas

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Business opportunities in the pandemic and the road ahead

Thought leader insights | | Published Tuesday 26 May 2020 | 08:55 CET

To face a post-COVID-19 world with confidence, businesses are advised to modify their current processes, culture, and customer experiences. Harvey Chan from Payment Asia has some ideas

read more

Top Stories

The democratisation of payments in Brazil – PIX national instant payments system (II)

Interviews | Online Payments | 26 May 2020 07:13 CET
Carlos Ogata, Member of the Board of Directors of PAGOS, continues the overview of the future national instant payments system to be implemented by the Central Bank of Brazil
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Mobile payment technologies market to account for USD 3104.8 bln globally by 2027

News | Mobile Payments | 26 May 2020 12:44 CET
Coherent Market Insights’ analysis has unveiled how mobile payments are increasingly becoming a vital instrument in various markets, especially in emerging economies.
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Raiffeisen Bank International announces Elevator Lab with new set-up

News | Payments General | 26 May 2020 12:43 CET
The fourth round of the Fintech Partnership Program Elevator Lab, which was established by Raiffeisen Bank International (RBI) in 2017, has kicked off.
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Myanmar central bank confirms digital currency ban

News | Cryptocurrencies | 26 May 2020 12:30 CET

The Central Bank of Myanmar (CBM) has outlawed the use of digital currencies in the country.
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Celerant Technology virtualises physical stores via its new launch

News | Ecommerce | 26 May 2020 12:19 CET
US-based retail software solutions company Celerant Technology has launched a platform that allows retailers to create virtual, online showcases for each individual store location.
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ACCC launches Consumer Data Right website

News | Online & Mobile Banking | 26 May 2020 11:58 CET
The Australian Competition and Consumer Commission (ACCC) has launched the Consumer Data Right Register and Accreditation Application Platform (RAAP).
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Several military-owned Iranian banks to be merged in one

News | E-invoicing, SCF & E-procurement | 26 May 2020 11:55 CET
The Central Bank of Iran (CBI) has announced that two banks owned by the country's armed forces will be merged into Sepah Bank by the end of May 2020.
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Revolut obtains approval from Australian Securities and Investments Commission

News | Payments General | 26 May 2020 11:52 CET

 

UK-based challenger bank Revolut has received the approval from Australian Securities and Investments Commission (ASIC) to operate in Australia.
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Ohana to launch its e-wallet

News | Payments General | 26 May 2020 11:49 CET
Argentina-based fintech Ohana has announced the launch of its first product, an e-wallet which allows users to pay services, taxes, send funds and make QR payments—all at no cost. 
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Rwanda waives charges on digital payments, cash competes with mobile transactions

News | Mobile Payments | 26 May 2020 11:48 CET
The National Bank of Rwanda has instructed mobile network operators (MNOs) to waive charges on all transfers with bank wallets, person-to-person and merchant fees on payments.
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UBS to invest in fintech projects

News | E-invoicing, SCF & E-procurement | 26 May 2020 11:47 CET
UBS Group, a Switzerland-based investment banking, has announced creating a venture capital fund with a corpus of hundreds of millions of dollars of its own fund.
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Ghana launches Digital Financial Services Policy

News | E-invoicing, SCF & E-procurement | 26 May 2020 11:42 CET
The Ministry of Finance which led the development of the National Financial Inclusion and Development Strategy (NFIDS) has launched the Digital Financial Services (DFS) Policy.
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12CM and NBP to implement a SaaS solution

News | Online & Mobile Banking | 26 May 2020 11:37 CET
Korea-based 12CM software platform provider has teamed up with Naver Business Platform (NBP), a company specialised in cloud IT infrastructure and services.
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Free trade ecommerce project Dubai CommerCity to open by the end of 2020

News | Ecommerce | 26 May 2020 11:10 CET
The Dubai CommerCity project, a free trade zone for ecommerce that aims to be a hub for online retailers, has announced plans of opening by the end of 2020.
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COVID-19 accelerates the move to digital payments across Canada

News | Online Payments | 26 May 2020 10:58 CET
Interac’s recent shopping data has shown a spike in consumers and businesses choosing digital payments in Canada, as economy begins to reopen.
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Appetite for Open Banking picking up pace worldwide, Finastra survey shows

News | Payments General | 26 May 2020 10:58 CET
Finastra research has revealed that 86% of global banks are looking to use open APIs to enable Open Banking capabilities in the next 12 months.
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FCA invites payments companies to draft guidance on protecting customers' money

News | Digital Identity, Security & Online Fraud | 26 May 2020 09:16 CET
The FCA has launched a consultation on additional guidance for payments companies to strengthen the way in which they look after customers’ money.
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ACI Worldwide announces upgrades to its UP Immediate Payments solution

News | Payments General | 26 May 2020 08:31 CET
ACI Worldwide, a global provider of real-time electronic payment and banking solutions, has announced the launch of a series of new capabilities in its UP Immediate Payments solution. 
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PayMyTuition unveils facial recognition tech for international tuition payments

News | Digital Identity, Security & Online Fraud | 26 May 2020 08:25 CET
Global payment processing provider PayMyTuition has added biometric facial recognition tech to boost security of international tuition payments and prevent fraud in the educational sector.
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