By Xu Zijie In recent years, China’s cross-border payment industry has experienced rapid growth. According to a report on the development trends and investment outlook for the global and Chinese payment-as-a-service industry from 2024 to…
Almost two-thirds of countries in the Middle East and Central Asia are exploring adopting a central bank digital currency as a way to promote financial inclusion and improve the efficiency of cross-border payments. Adopting a…
New forms of money and new technologies have the potential to improve payment systems, enhance financial inclusion, and facilitate cross-border payments. Central bank digital currencies (CBDCs) have gained significant attention, with approximately 60% of countries…
Digital payment platforms such as Venmo work great for sharing a dinner bill with friends, buying gifts at a pop-up shop or making payments without cash or credit cards. But these digital payment platforms have…