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Found 14 results in 812 milliseconds.

BRICS pursues de-dollarisation with blockchain-based payments

News | Digital Identity, Security & Online Fraud | 06 Mar 2024

BRICS has made efforts to create payment system based on digital currencies and blockchain to reduce reliance on US dollars in settlement.

blockchain, digital payments, report, de-risking, tokenization

Standard Chartered starts full-fledged banking operations in Egypt

News | Online & Mobile Banking | 31 Jan 2024

UK-based lender Standard Chartered Bank has expanded in the MENA region with the launch of its full-fledged banking operations in Egypt.

expansion, banking, lending, banking license

China's digital yuan goes where Alipay and WeChat Pay never could, straight for the petrodollar!

Voice of the Industry | Payments General | 05 Dec 2023

Richard Turrin, Author of ‘Cashless’, reveals the true potential of e-CNY that goes beyond retail payments and insights into ways of breaking the dollar monopoly on oil trade.


CBDC, digital payments, banking, fintech, distributed ledger technology, blockchain, WeChat Pay, Alipay

What does the future hold for cross-border payments?

Voice of the Industry | Payments General | 26 Sep 2023

Edward Dovey, Head of APAC at RTGS.global, sheds light on the role of faster, more affordable cross-border payment solutions and understanding the de-dollarisation trend.

cross-border payments, cross-border logistics, CBDC, digital currency, settlement, financial institutions, FX , central bank

Argentina advances usage of the Chinese yuan

News | Online & Mobile Banking | 04 Jul 2023

The Central Bank of Argentina has issued a statement which said that it enabled the Chinese yuan as a currency form in savings and checking accounts.

banking, fintech, inflation, payments , cross-border payments, ecommerce, digital banking, FX , transactions

Making digital trust the main event

Voice of the Industry | Digital Identity, Security & Online Fraud | 02 Jun 2022

Digital trust is the cornerstone for online transactions, but currently it’s broken. Callsign’s Amir Nooriala explains why it’s the focus of this year’s (IF) Identity First event.

transactions , digital identity, data, identity fraud, scam, banks, retail, merchant, financial institutions, artificial intelligence

BRICS countries to create a single service for mobile payments

News | Payments General | 07 Mar 2019

BRICS countries have announced they are currently developing a single payment system that will be called BRICS Pay.

BRICS, single payment system, BRICS Pay, mobile payments, mobile application, smartphone, digital wallet, Brazil, Russia, India, China, South Africa

Report shows ecommerce set to grow in BRICS countries

News | Ecommerce | 30 Aug 2017

A report from Alibaba shows that ecommerce will become a thriving industry in Brazil, Russia, India, China and South Africa.

report, ecommerce, Alibaba, BRICS, Russia, China, Brazil, ecommerce sales, online shopping

BRICS call for ecommerce cooperation between its members

News | Ecommerce | 17 Oct 2016

BRICS members have emphasised cooperation on ecommerce and intellectual property right (IPR) and sought faster removal of non-tariff barriers to boost trade.

BRICS, ecommerce, Brazil, China, Russia, India, South Africa

Turkey launches its own national payment clearing system

News | Online Payments | 08 Oct 2015

Turkey has launched a new electronic card payment clearing system, the InterBank Card Center (BKM) has announced on 30 September, 2015.

Turkey, launch, national, electronic payment, clearing system, online payments, Customers, citizens, interbank

BRICS: B2C ecommerce was predicted to reach USD 597.7 bln in 2014 - report

News | Ecommerce | 23 Feb 2015

The B2C ecommerce sector in the BRICS region was expected to reach USD 597.7 billion by the end of 2014, meaning a 31.3% of the total global market share, recent figures indicate.

BRICS, B2C, ecommerce, Brazil, China, India, Russia, South Africa, expansion, 2014, figures, consumers, report

South Africa sees financial inclusion on the horizon

News | Online Payments | 27 Jan 2015

South Africa is committed to notable developments in what concerns financial inclusion, recent research reveals.

South Africa, financial inclusion, report, MasterCard, developments, trends, online payments

Union Pay continues expansion in Russia, closes deal with MDM Bank

News | Ecommerce | 20 Aug 2014

Russian MDM Bank has partnered China’s Union Pay national payment system to issue Union Pay-based cards, standartnews.com reports, citing the Russian news agency Itar Tass.

China, Russia, Union Pay, MDM Bank, payments system, online payments, national payments system, cards, online transfers, money transfers

Rakuten opens business unit in India, as ecommerce market keeps expanding

News | Ecommerce | 26 Jun 2014

Rakuten, a Japanese internet services provider, has opened a global unit dubbed Rakuten India Development and Operations Center (RIDOC) in India.

Rakuten, India, ecommerce, business unit, Rakuten India Development and Operations Center, RIDOC