E-payments
Europe needs the digital euro
The EU’s current push for strategic autonomy means little if it does not extend to payment systems
South-east Asia’s e-commerce market to hit nearly US$290 billion by 2029: study
But as digital payments dominate, ‘uneven digital maturity’ is preventing SMEs from capitalising on growth
Brazilian payments unicorn Ebanx makes South-east Asia push
Investments for this year’s expansion will be financed by the firm’s cash on hand
SoftBank’s PayPay keeps dual listing on table after solid US IPO
The payments app has amassed 72 million users
PayPay, SoftBank raise US$879.8 million in payments firm’s US IPO
As at December, the number of digital payment users exceeds 72 million in a country of roughly 123 million
SoftBank-backed PayPay targets up to US$13.4 billion valuation in US IPO
IPO activity is typically strongest during periods of market stability and risk-on sentiment
Jack Dorsey’s 4,000 job cuts at Block arouse suspicions of AI-washing
The company’s recent history suggests that AI adoption is not the only factor influencing its staffing decisions
Jack Dorsey’s Block slashes nearly half its staff in AI bet
The reduction in force comes after rolling job eliminations that have often been tied to annual performance reviews
Vietnam’s fintech sector enters a post-MoMo reality
The country has close to one million active enterprises, the vast majority of them SMEs
DBS launches zero-remittance-fee payment service to Chinese digital wallet
The bank is also looking to link its DBS PayLah! service to Weixin Pay to further cross-border payments
