Real-time payments now as popular as cash in Southeast Asia

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Real-time payments are now as popular as cash as a payment method for consumers in Southeast Asia, according to new research from ACI Worldwide and YouGov.

Three out of five consumers (61%) in Indonesia, Malaysia, Thailand and Singapore prefer real-time payments as a favoured way to pay in 2021, level with cash (61%) and higher than other payment categories, including digital wallets requiring cash or card top-ups (56%) and credit cards (30%).

This shift towards real-time payments has been dramatically accelerated by changing payment necessities and preferences caused by the COVID-19 pandemic.

Almost a third (30%) of consumers in

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UK and Nordics lead Open Banking in Europe

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According to a new report by Payments Cards & Mobile and Mastercard, which conducted in-depth research into how prepared European countries are to embrace the Open Banking ecosystem, the Nordic countries have been crowned best placed to take advantage of it, together with the UK.  

Open Banking is fast becoming a worldwide phenomenon. It empowers consumers and businesses to take control of their financial data and their financial futures while stimulating competition and innovation among financial service providers.

The report – Open Banking Readiness Index: The Future of Open Banking in Europe – found the Nordics’ and UK’s digital

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Payments Cards & Mobile Jobs of the Week July 05

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After what feels like a lifetime of lockdowns, restrictions and hitting pause on life, things are slowly returning to normal. And frankly, we couldn’t be happier.

Three really exciting companies to keep an eye on over the next few months

During this global pandemic, countless businesses all over the world introduced hiring freezes, furlough schemes and had to make some tough decisions – writes Rebecca O’Keeffe, Content Creator, Jobbio.

But there has been a shift, and we have front row seats. The world is returning to work, and this has resulted in some pretty amazing companies setting off on

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Diners Club Peru selects BPC’s SmartVista commerce suite

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BPC, the global payment solution provider, has announced that Diners Club Peru has selected its SmartVista commerce suite as part of its innovation program.

Diners Club Peru selects BPC’s SmartVista commerce suite

Diners Club Peru is the third acquiring network in Peru, owned by Banco Pichincha Peru, part of the Pichincha Holding Group headquartered in Ecuador.

It is also the issuer of the Diners and Discover brands, granted exclusively to high net worth customers who wish to benefit from unique offers at leading merchants, restaurants and service-industry brands around the globe.

Diners Club network in Peru is composed of

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