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News

APAC leading in real-time payments

India, China and South Korea led the real-time transactions per day during the first half of the year.

Digital banking KYC pain points plague the Philippines, but consolidation will help

Complexity, cost of authentication and low CX priority in the country will need to be addressed, according to a global study.

Personal cybercrime insurance in Asia: Is this a trendsetter?

In parallel with the need for greater vigilance against cybercriminal threats, an insurtech initiative now compensates victims when all else fails.

In Turkey, your fingers’ veins can now be used as your biometric identity

Identity or key cards not needed: one wave of your hand and the VeinID system will authenticate your identity…

Lessons to learn from the KuCoin breach

Hacks will continue because of loose or zero regulatory oversight over the lopsided interests of buyers and sellers, says one expert.

Central banks are assessing and exploring digital national currencies

These Central Bank Digital Currencies (CBDCs) can foster financial inclusion and modernize the global payments ecosystem, with concept testing already underway. With the global economy racing to embrace digital payments, the central banks of various countries are also investigating ways to support innovation while maintaining monetary policy and financial stability when issuing and distributing currency.
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