Consumer payment preferences in Latin America have shifted significantly since 2019, with electronic transfers challenging cash and card usage. Real-time payments (RTPs), which enable instant electronic transfers from different bank accounts, have emerged, reducing fees and increasing accessibility to new digital payment methods for both consumers and merchants in the region.
The Asian Banking & Finance and Insurance Asia Summit returns in 2024, welcoming a new era of banking and insurance excellence. The theme "Financial Horizons: Shaping the Future of Banking and Insurance" positions this event as the cornerstone of shaping the future of financial services across Asia.
Euromonitor attended Money 20/20 Europe in Amsterdam, the Netherlands on 4-6th June, 2024. This large-scale conference featured many insightful discussions and bold claims. This article features a summary of the key takeaways from the conference.
Amid post-pandemic recovery, travel firms have been competing for share of wallets, but many have been trapped by manual operations and cumbersome payment. Financial experience impacts overall customer satisfaction, so partnerships should be formed between travel firms and fintechs to transform internal and external processes, catching the 8% CAGR (2023-2028) opportunities in the USD1.6 trillion world market in airlines, surface transport and attractions.
Euromonitor International will be attending Money 20/20 Europe during 4-6 June 2024 in Amsterdam, the Netherlands. This large-scale conference will accommodate 8,500+ attendees from the continent’s financial institutions, regulators, government agencies, and fintechs.
In April 2024, ByteDance was reported to acquire Union Mobile Pay (UMP) for CNY1.4 billion (USD200 million), pending regulatory approval. ByteDance operates popular social media and commerce platforms (TikTok and Douyin). This article analyses its strategic objectives of financial expansion, and the key threats and opportunities in relation to financial industries. UMP is considered to be a key chess piece of the game.
Money20/20 Europe is home to the industry’s boldest and brightest new voices - where the money ecosystem comes together to shape what’s next for the industry.
Seamless Asia is the only event that brings them together. It is a chance to partner, learn, connect and make great strides towards the future of Asia’s banking, payments, e-commerce and retail.
The Singapore FinTech Festival (SFF) is one of the world’s leading FinTech conferences, bringing regulators, banks, and FinTechs together for a global dialogue on finance, technology and policy. Euromonitor International identified the six main directions discussed: Embedded Finance, Cross-Border Transactions, Sustainability & Inclusion, Artificial Intelligence, Digital Money, and Digital Assets.