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Does KBA Have A Place In Online SMB Credit Checks?

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Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Government-issued digital identities are not just the realm of sovereign nations. billion by 2024. Developments From Around The World Of Digital ID.

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Amazon Sets Sights On Southeast Asia

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The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

Regional 148
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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

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The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. As it stands, PSCU works with CUs throughout the nation and helps with more than 5.4 MoMo reportedly intends to use the funds to bankroll plans to become a “super app” as well as to go public in 2025.

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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

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Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

America 165
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Singapore, Thailand Love Instagram, eCommerce

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The region’s internet economy is projected to become a $278 billion market by 2025 , with immense growth expected in all online sectors, but especially in mobile payments as companies across the region invest more in digital infrastructure. The country had a mobile penetration rate of 148 percent in 2014.

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How Facebook Unfriends Ad Fraudsters

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Digital fraud is particularly threatening in Southeast Asia, despite the fact that the Association of Southeast Asian Nations’ (ASEAN) eCommerce market is projected to exceed $200 billion in value by 2025. Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region.

Fraud 158
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Can Digital Privacy Go Too Far?

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billion by 2024, while the biometrics market is projected to reach more than $59 billion by 2025. Last month, a lawsuit was filed claiming that online video platform Vimeo collected and stored facial biometrics from videos and pictures uploaded to the platform’s video editing application. It’s expected to reach $12.8