Tag "e-commerce"

5 Fintech Trends in Latin America

Latin America (LatAm)’s fintech revolution continues its course this year. Investors’ confidence remains high as they continue pouring billions into the space, betting on the prospect of fintech to help improve financial inclusion and bring innovation in the outdated banking

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COVID-19 Accelerates Digital Payment and Fintech Adoption in Armenia

In Armenia, the COVID-19 pandemic has accelerated the adoption of digital payment solutions and boosted e-commerce activity. Beniamin Tadevosyan, CEO and co-founder of Armenian paytech startup PayX told local fintech news site Fintech.am that, while prior to the pandemic payment

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COVID-19 Accelerates Shift to Digital Payments, Virtual Banking: McKinsey

The COVID-19 pandemic and its many repercussions have dramatically changed consumer behaviors, accelerating the move from physical to virtual banking and boosting digital payments, according to a new report by McKinsey. All forms of electronic payments, whether peer-to-peer (P2P) or

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COVID-19 Fuels Global E-Commerce and Digital Payments

E-commerce platforms and digital payment services providers are enjoying explosive growth on the back of social distancing requirements put in place in response to the COVID-19 pandemic, according to a new report by PPRO, a London-based business focused on cross-border

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Which Fintech Sectors Will Gain From COVID-19?

Like other sectors, fintech funding has been hit hard by the COVID-19 pandemic and the resulting economic turmoil, with investment down during the first months of 2020. However, the long-term impact of COVID-19 will differ across segments, with sectors including

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Facebook Payments Registered as E-Money Entity in Spain

Facebook has registered as an electronic money provider in Spain as the firm seeks to expands its peer-to-peer payments functionalities over Messenger to Europe. Facebook Payments International Limited (FBPIL) was added to the Bank of Spain’s register of e-money entities on

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10 Disruptive Innovations

Smart Box, Big Data, robotics and contextual commerce are some of the newest concepts that could potentially disrupt the marketplace, according to a new report by Citi. In a paper titled ‘Disruptive Innovations IV,’ Citi’s global research team analyzes ten

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