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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations. The law is still ambiguous.

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How Wellington’s 20 Percent Advantage Is Fueling Tech Growth

PYMNTS

The city’s median income is $49,192, higher than the national median of $45,760 and higher than Auckland’s median income of $48,204. New Zealand was ranked the number one country in which to start a business by the World Bank Doing Business Report 2016. With such a far distance to other major tech regions, such as Europe and the U.S.,

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Financial inclusion in Indonesia – could ATMs hold the key?

NCR

Home to more than 261 million people, it is the world’s fourth most populous country and also the largest island nation on the planet, comprising more than 13,000 islands. As the national government pursues initiatives to address this problem over the coming years, ATM deployment could prove a vital part of the mission.

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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. United States.

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Bipartisan Policy Center Report Urges Small Business Financial Reforms

PYMNTS

Small businesses are essential job generators, and the major driver of economic growth and vibrancy for all regions of the country.”. The report also asked Congress to amend the National Bank Act to authorize the Office of the Comptroller of the Currency (OCC) to issue a federal charter for non-bank financial companies.

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Emerging markets to be ‘powerhouses’ of payments evolution

NCR

In China, for example, the number of such transactions is expected to increase at a rate of 36 percent between 2016 and 2020. percent, helped by initiatives from the National Payments Council of India (NPCI) and the country’s government, which has set an ambitious target of reaching 25 billion non-cash transactions in 2017-18.

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Globetrotting With The CFO

PYMNTS

Why CFOs may remain hesitant in the 2016 global economy, however, varies depending on geographical market. The Australia-Asia market, however, remained the least optimistic, with just 59 percent predicting growth in 2016; European CFOs also fell below the global average, with 62 percent reporting optimism for the year. Latin America

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