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Paymenttrends in Asia are changing how businesses and people transact from the digital-first economies of China and Singapore to the quickly changing markets of Indonesia and Vietnam. The shift toward digitised payments brings heightened concerns about cybersecurity, fraud, and regulatorycompliance.
Generational trends show younger users leading the adoption of digital wallets and stored credit cards, while older demographics continue to prefer traditional methods like bank transfers and debit cards, underscoring the need for inclusivepayment solutions. However, this growth is not without its hurdles.
Miroslav Pekrek , CPO noted: “The future of fintech powered by AI is promising, with significant advancements expected in customer service, risk management, cost, operational efficiency, and financialinclusion. How are these influencing product development and payment strategies?
” This event will focus on key topics such as digital banking solutions and trends in commercial payments, providing valuable insights into how technology is transforming the financial sector. Topics will range from Central Bank Digital Currencies (CBDCs) to financialinclusion and AI-driven banking solutions.
With so much potential for different technologies to leave a mark on the paytech industry, we reached out to industry experts to find out what they believe will become the next big paymenttrend. He explains: “AI is the next big paymenttrend. ” The post Which Next Big PaymentTrend Will Hit the Paytech World?
The future of payments is evolving at an unprecedented pace, driven by innovation, regulation, and shifting consumer behaviours and, most importantly, payments professionals. What emerging technologies will reshape payment methodologies in the coming years? “In
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