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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

Digital lending in Vietnam, Source: 2024 e-Conomy SEA, Google, Temasek and Bank and Company, Nov 2024 Additionally, the wealth and investing sector is seeing growth and evolution. Digital lending is another fintech vertical that’s rising, reaching US$6 billion in loan book balance in 2024, up 49% YoY.

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NEW DATA: Black Friday 2020: COVID-19 Steepens Physical Retail’s Long Slide

PYMNTS

Will Black Friday 2020 mark the beginning of a new, digital-first holiday shopping tradition, or will consumers return to their block-long queues after the pandemic has subsided and they are once again free to shop in stores? consumers on Nov. What is less clear is whether this trend toward digital-first holiday shopping will stick.

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US Retail Sales Up 2.4 Pct From Nov To Dec 24

PYMNTS

percent from Nov. percent, though cautioned when releasing it that the 2020 shopping season would be unusual in many ways. Data from Adobe Analytics cited by the Journal and covering the period Nov. 1 - 24, which the data provider described as the traditional holiday shopping period. 11 and ending Dec. percent and 5.2

NOV 73
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Thanksgiving 2020: Tough Times and A Cheaper Turkey Dinner

PYMNTS

Something to bear in mind in 2020, when, as was the case in 1939 when Thanksgiving got its last major revision by presidential order, Americans are celebrating the holiday facing a national crisis, deep economic uncertainty and preparing to celebrate their holiday very differently and far more digitally than they ever have before.

On-Demand 107
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Alibaba Single’s Day 2020: Sales Records Broken, But New Chinese Regs Spoil The Party

PYMNTS

Alibaba ’s Singles Day performance on Wednesday (Nov. Singles Day — Alibaba’s popular shopping holiday that takes place every Nov. However, the company technically started Singles “Day” on Nov. According to Bloomberg , “during the first 111 minutes of sales on Nov. 11) shows that the Chinese consumer is back — big time.

Regs 95
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Female FinTech Founders’ Funding Behind Male Counterparts

PYMNTS

percent of FinTech startups with female founders received funding January through October, according to Crunchbase, per a Bloomberg report on Wednesday (Nov. billion in the first three quarters of 2020, which is 20 percent more than the same period in 2019. Companies that did get funding received only 0.9

FinTech 115
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Black Friday 2020 Takes On New Forms To Adapt To COVID-19

PYMNTS

In this case, the driving force is retailers’ prediction of surging eCommerce demand as 2020 closes out. According to Tamebay , an Amazon seller news site, Amazon Early Black Friday Deals will [run] through Nov. In fact the values reset around several issues may be one of the defining characteristics of Holiday 2020.".

CHIPS 76