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Super Apps and eWallets Drive Mobile Payments Growth

The financial services sector has been steadily adapting to digital disruption over the last few years. But the COVID-19 pandemic has accelerated that requirement by opening up access to digital banking for millions of unbanked consumers around the world for the first time.   In Norway the deputy governor of Norges Banks was reported to have […]

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Payment Companies Prized by VC Investment Amidst the Pandemic

Venture capitalist backing for mobile payments firms remained steady in the third quarter of 2020 (Q320) despite the economic disruption caused by Coronavirus lockdown restrictions. Investors bankrolled 109 start-ups to the tune of almost US$4bn, up from 104 and US$3.79bn in the previous quarter according to CB Insights’ State of Fintech Q3’20 Report. Such is […]

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The Best Educational Apps for Kids Revealed

The questions surrounding screen time for children are endless; how much is too much? What needs to be policed? How can I tell which apps are good and which apps are bad? Not only that, but there is a huge stigma around sitting your child in front of the TV or an iPad for a […]

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Subtle Shifts in Mobile Payment Trends in Latin America and the Caribbean Region

The latest analysis of the mobile money industry in Latin America and the Caribbean (LAC) from the GSM Alliance provides a detailed summary of how consumers and businesses in the region used their smartphones to conduct digital transactions in 2019. It would be insightful to extrapolate these trends to the present day, especially with the […]

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King Cash Losing its Crown with COVID-19 as an Accelerant

McKinsey’s 2020 Global Payments Report highlights the profound changes to the payment services market precipitated by lockdown restrictions introduced to combat the spread of the Coronavirus worldwide, notably the shift to e-commerce purchases amongst business and consumers and a greater preference for digital payments (including contactless) at the expense of cash transactions. However, the management […]

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Managed payment services offer fast route to market for telcos and merchants

Faced with steadily declining revenue from traditional voice and messaging minutes, mobile network operators (MNOs) across the world are exploring new ways to make money from the sale and distribution of digital content across their networks. And with Coronavirus lockdown restrictions set to continue and even intensify, demand for streaming video, audio and gaming subscriptions […]

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RCS adoption paves way for embedded DCB payments

As the rich communications service (RCS) protocol finally gains traction, mobile network operators (MNOs) have a chance to drive direct carrier billing (DCB) revenue by embedding simple payment mechanisms into multimedia messages. RCS was first defined in 2008 as the eventual replacement for SMS/MMS messaging, adding features such as the ability to use more than […]

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Why telcos must focus on gaming partnerships

Online gaming will grow to be one of the key driver of direct carrier billing (DCB) revenue for telcos over the next four years, according to forecasts by research company Omdia. The Global Carrier Billing Summit held in October 2020 brought together telcos, games publishers, cloud gaming companies, games retailers and payment service providers to […]

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Changes in user behaviour will drive carrier billing post-COVID

The Global Carrier Billing Summit held in October 2020 brought together telcos, payment service providers and analysts to discuss the carrier billing market,  how worldwide Coronavirus lockdown restrictions have impacted the way consumers engage with and pay for the digital content and services they buy online, and if the changes in their behaviour will persist […]

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Fortnite App Store Row May Ignite Game Developer Rethink

Whatever may be the eventual outcome, the ongoing legal disputes between Epic Games, Apple and Google should prompt developers to carefully evaluate how they distribute and sell their smartphones games to grow their player base and maximize revenue in the future. And that could include revisiting direct carrier billing (DCB) payment options with mobile network […]

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US pay-TV providers fight back with new SVOD launches

Traditional pay-TV providers are fighting back in the war for audience share with streaming providers like Netflix, Amazon Prime and HBO Max by launching their own subscription video on demand (SVOD) services in the US and further afield. Paramount+ will be the new name of ViacomCBS’ existing CBS All Access video on demand (VOD) and […]

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E-commerce – the Malaysian “New Normal” for Shoppers

Next to Singapore, Malaysia is one of the largest e-commerce markets in Southeast Asia, having rapidly grown in recent years. With the pandemic challenging local markets all over the globe, e-commerce has only gained in popularity, its growth accelerating even further. In this article, we’re looking at: the factors that contribute to e-commerce growth in Malaysia […]

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