Showing results for 'APAC' in Articles
314 Articles | 97 Magazines | 2 Research | 6 Whitepapers

Global non-cash transaction volumes record highest growth of past decade

25 Jul 17 @ 10:02

Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s World Payments Report prediction (Figure 1.1).... read more

25% drop in global correspondent banking relationships linked to de-risking

08 May 17 @ 12:13

Recent correspondent banking research has revealed that between 2009 and 2016, correspondent banking relationships, where one financial institution provides services on behalf of another in a different location to facilitate... read more

Social network payments now reach nearly $3 trillion in China

24 Apr 17 @ 14:09

A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four... read more

ACH volume grows to more than 25 billion payments and $43 trillion

18 Apr 17 @ 10:53

Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in 2016 amounted to 25.6 billion... read more

Breach Level Index – Cyber criminals mining for database gold

04 Apr 17 @ 11:54

The 2016 Breach Level Index Report has been published revealing that cyber criminals managed 1,792 data breaches leading to almost 1.4 billion data records being compromised worldwide during 2016, an increase... read more

ATM Market was $12.7 billion for 2015 projected to grow to $26.1 billion by end 2023

15 Feb 17 @ 16:55

As per latest research published by Global Market Insights, the ATM Market size was $12.7 billion for 2015 and is projected to generate revenue of more than $26.1 billion by... read more

App commerce set to explode in 2017 to $40 billion

22 Nov 16 @ 09:49

Global mobile commerce is now a huge 34% of all e-commerce transactions worldwide and is predicted to grow 31% in 2017. That’s over 200% faster than the growth of the... read more

Real-time payments: the race against time

31 Oct 16 @ 10:37

The world seems to have got itself into a great big, tearing hurry. Consumers can send and receive e-mail across the globe in near-real-time. They can download a movie to... read more

National payment switches: navigating the complexity for economic growth

18 Oct 16 @ 18:00

A national payment switch has become a necessity for a cashless or ‘less cash’ society. The advantages of such a switch include boosting financial inclusion, stimulating innovation, competition, growth and... read more

Digital disruption and financial inclusion: Is banking facing an ‘Uber’ moment?

11 Oct 16 @ 12:24

Financial intermediation and payment systems have always been the preserve of the banking sector, but advancement in technology or digital disruption is giving a lot of palpitations to bankers. Anthony... read more

Why banks must rethink their attitudes to disruption

23 May 16 @ 12:33

The last decade has seen most of us decisively change both our online behaviour and our consumption of digital services. When, for example, did you last open a laptop to... read more

Fraud: Driving US EMV migration

22 Apr 16 @ 16:28

It is no understatement to say that the journey to US EMV migration over the last decade has been bumpy, with several false dawns – yet a new report Driving EMV... read more

4.7 billion global SIM shipments in 2015 – contactless SIM continue to thrive

21 Apr 16 @ 15:21

The SIMalliance, which represents approximately 88% of the global SIM market, has reported  SIM shipments volume equalling 4.7 billion in 2015, reflecting a 0.3% increase on 2014 shipments. The estimated... read more

Global Security Report 2016

19 Apr 16 @ 16:13

Global Security Report – Cybercrime is big business. We hear it so often that the words threaten to lose their impact. But the details still have the capacity to shock.... read more

Reserve Bank of New Zealand select SIA for new RTGS system

19 Apr 16 @ 15:21

The Reserve Bank of New Zealand (RBNZ) will replace its current Exchange Settlement Account System (ESAS) with an Real-Time Gross Settlement (RTGS) operating on a standalone IT infrastructure that incorporates substantial... read more

Fintech and the evolving landscape

13 Apr 16 @ 13:16

Global investment in FinTech ventures in the first quarter of 2016 reached $5.3 billion, a 67% increase over the same period last year, and the percentage of investments going to... read more

Can the Blockchain work in Payments

07 Mar 16 @ 16:11

Bitcoin is not going to be a major disruptor in payments- but the blockchain could be, and financial institutions around the world are exploring options to leverage it in different... read more

Live @ MWC: GCash upgrades mobile money with Amdocs

22 Feb 16 @ 14:08

Globe Telecom is upgrading its GCash service to address new requirements, including bulk payment services for salaries and government disbursements. “GCash has come a long way in solving financial inclusion... read more

European privacy regulation moves forward

29 Jan 16 @ 11:17

The payments industry is no stranger to the increasing reach of regulation. With the EU Regulation on interchange fees for card-based payment transactions coming into force earlier this year, together with near-term... read more

Worldwide Smartphone shipments surpass 1.4 billion in 2015

28 Jan 16 @ 11:37

A strong holiday quarter boosted worldwide smartphone shipments to new record levels thanks to robust product offerings at numerous price points in both mature and emerging markets. According to preliminary data... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more