Remove Economy Remove Non-Bank Remove Online and Mobile Banking
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How to Increase Transaction Success Rates for Online Merchants

Finextra

On average, about 70% of online shopping carts are abandoned, leaving only 30% of transactions completed successfully. In high-risk sectors like online gaming, approval rates are often lower, typically 50–60%, due to stringent fraud controls and higher chargeback risks. of online transaction declines are due to insufficient funds.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments. From Asia to the Caribbean and Europe, central banks are grappling with how to digitise public money while preserving trust, utility, and sovereignty.

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From Nomad Trails to Digital Rails: Kazakhstan’s Banking Revolution

The Fintech Times

The horse in front Just like the vast natural grassland of the Kazakh Steppe, which lies in contrast to the modern cities of Astana and Almaty, so is the traditional banking landscape (dominated by three large banking groups) contrasted by a fast-moving digital leader – Kaspi.kz (Kaspi). However, this was not the case for Kaspi.

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The Journey of Payments and Clearing Systems in India

Finextra

Indigenous Banking (Shroffs and Mahajans): Long before modern banks, India had a thriving indigenous banking system. These banks introduced formal ledger-based accounting and cheque payments. This was a significant step towards non-cash payments but was slow and prone to errors.

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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

For online shopping, Visa passkeys replace passwords or one-time codes. Click to Pay – Enables consumers to complete online transactions within a few clicks, powering a more seamless and secure checkout experience at scale. to broaden its merchant coverage network across Japan.

Product 101
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Embedded Finance Is Making Payments Easier for Everyone Across Asia

Fintech News

In simple, layman’s terms, embedded finance is when financial services – like payments, loans, or insurance – are integrated directly into non-financial platforms. The region has become a hotbed for embedded finance, thanks to its mobile-first economy and digitally savvy population.

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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

This foundational technology is reshaping how identity, consent, and value are managed in the digital economy, from safeguarding transactions to enabling new economic models. With FedNow enabling instant payments in the US, speed and reliability become non-negotiable.