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Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth?

The Fintech Times

In 2019, the central bank then introduced the ‘Payment and Settlement Act’, which provided the legal basis for the development, promotion, expansion, monitoring, and regulation of payments, settlement and clearing systems in the country. The post Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth?

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Digital banking made strong gains in UK market during first half of 2019

Payments Dive

The report warns, however, that few of these upstart banks are actually turning a profit and the pace of growth cannot continue at the same pace forever. Digital banking is growing rapidly in the U.K., as challenger banks are gaining share among non-millennnial users and winning over customers with strong customer service.

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Paying by Bank: New Data Reveals Sweden’s Shift Towards Modern Payment Trends

Fintech Finance

Data from 2019 to 2024 indicates that nearly 45% of Swedes are now aware of or have actively used Trustly’s products. Johan Tjärnberg, Group CEO of Trustly said: “It has been fascinating to see the ways in which payment behaviors and preferences have continued to evolve among Swedes this year.

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3 Payments Trends to Watch in 2021

Payments Dive

While COVID-19 has certainly had an impact on every industry, certain trends that began in 2019 continued to develop in 2020, and some of them may even blossom fully in 2021. As 2021 rapidly approaches, many of us are hoping for better days after the whirlwind year of 2020.

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UOB Report: ASEAN Fintech Investment Defies Funding Winter, Surges Tenfold Since 2015

Fintech News

When rates were previously cut between 2019 and 2021, ASEAN fintech funding peaked at US$6.36 ASEAN’s fintech sector continues to show promise, supported by improving macroenvironment and emergence of advanced technologies. The recent interest rate cuts by the US Federal Reserve are expected to support further growth.

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Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees

The Fintech Times

Since 2019, Ant International has used tokenised deposits to streamline wholesale payments and treasury activities. We will continue evolving our Whale platform to serve businesses of all sizes with the latest shared ledger technology, such as tokenised deposits and stablecoins.”

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payabl. Joins the Payments Association EU as It Continues Its Growth Trajectory Across Europe

Fintech Finance

As we continue to grow across Europe, we recognise the importance of building closer relationships with our customers, our partners and the wider industry,” said Ugne Buraciene, Group CEO of payabl. We look forward to collaborating with fellow members to advance the industry and deliver exceptional value to our merchants,” she continued. “We