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Digital Wallets Overtake Credit Cards as Top E-Commerce Payment Method in Singapore

Fintech News

The figures represents a more than fivefold increase for e-commerce transactions over the past decade, from just 7% in 2014. In the POS segment, the share of transactions made via digital wallets surged 28 points from a mere 1% in 2014. 25%), Apple Pay (22%), GrabPay (12%) and Google Pay (12%).

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DBS Banking Masterstroke Coming to an End Under Piyush Gupta

Fintech News

A pivotal moment came in 2014, he told the Financial Times, when he met Alibaba founder Jack Ma , who shared his vision for Alipay. Under his leadership, DBS has been integrating AI into its operations since 2014. AI and Data-Driven Leadership Piyush Guptas vision extended beyond digital banking into artificial intelligence.

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Chainalysis Acquires Web3 Security Company Hexagate

Finovate

Chainalysis was founded in 2014 and has raised $537 million. Levin added that protecting the crypto ecosystem will only become more crucial as smart contracts facilitate more value and the use of stablecoins grow. He also noted that governments are increasing the monitoring of smart contracts associated with illicit funds.

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Stax Payments Appoints Kevin Wall as Chief Financial Officer

Stax

Since 2014, Stax has grown to process over $30 billion in payments and serve more than 30,000 businesses and software platforms across the U.S. From robust reporting to easily reconciled payments, Stax offers a full suite of adaptable tools and payment features to build the right solution at any scale, unlocking partner and customer success.

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Card is King: Worldpay Reveals Global Payment Preferences as Cash Usage Drops 22%

The Fintech Times

Payment preferences Cash In 2014, 32 per cent of consumers used cash to make their purchases. From 2014 to 2024, the value of e-commerce transactions conducted via digital wallets quadrupled, accounting for 108billion in spending last year. This has been in large part due to the rise of digital wallets.

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6 ways David Marcus transformed Facebook payments

Payments Source

It was an attention-grabbing decision when Facebook hired PayPal's president, David Marcus, in 2014. At the time, Facebook didn't have much of a dedicated payments business to speak of; when people thought of spending money on Facebook, they typically thought of in-app purchases in Farmville.

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Tink and Chip Forge Open Banking Partnership

Finovate

Tink won Best of Show in its first two Finovate appearances in 2014 and 2017. Tink won Best of Show in its first two appearances on the Finovate stage in 2014 and 2017. Chip will leverage Tink’s Pay by Bank solution to enable its users to securely and seamlessly top up their saving and investing accounts.

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