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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

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Project Ensemble: Hong Kong Embraces Asset Tokenisation With New Sandbox

The Fintech Times

Looking to harness this potential, the Hong Kong Monetary Authority (HKMA) launched ‘Project Ensemble’ in March earlier this year, a wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in the region.

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Hong Kong Monetary Authority Launches Wholesale CBDC Project to Develop Local Tokenisation Market

The Fintech Times

The Hong Kong Monetary Authority (HKMA) has begun ‘Project Ensemble’, a new wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in Hong Kong. We welcome global talents and industry players to come to Hong Kong and be part of this very exciting tokenisation journey.”

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Fintech in Singapore: 2023 in Review

Fintech News

Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more use cases and moving towards “live” pilots.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.” A lot of money, in fact, according to Ripple’s calculations. ” A Bit Of Background.

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Finovate Debuts: Ledger’s Blue Smartcard Mitigates Phishing & Malware Attacks

Fintech Labs Insights

To navigate this issue, Ledger has designed hardware to help users preserve ownership of their digital blockchain assets. The company began as the House of Bitcoin , a physical retail location in Paris where people exchange digital currency in person, learn about bitcoin, and share ideas with other startups ( see below ).

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Asia Moves to Regulate Stablecoins Amid Growing Adoption: Report

Fintech News

While jurisdictions like Japan, Singapore, and Hong Kong are actively developing regulations, others like China and India are taking a restrictive stance, favoring central bank digital currencies (CBDCs) over private stablecoins. This ban covers not only the trading and use of these assets, but also their mining. million (US$2.8