business asian-infrastructure-investment-bank 
PYMNTS
JULY 14, 2020
(IFC) teamed up more than a decade ago, the world remained in the midst of an economic crisis that hit small and medium-sized businesses (SMBs) in emerging markets especially hard. Since its 2009 debut, the fund has connected businesses to $35 billion in trade finance. Disbursing Risk.
PYMNTS
AUGUST 7, 2020
Moreover, while only about 20 percent of the population has bank accounts, the vast majority of them are held by the 25 percent of Cambodian citizens who live in urban areas. If you look in cities, 95 percent of people have a smartphone [and] the majority of people will have a bank account.”. The company just raised $3.7
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PYMNTS
MARCH 14, 2018
Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time payments to come with some major benefits to their businesses, according to new analysis from ACI Worldwide and Ovum.
PYMNTS
AUGUST 15, 2019
Smaller trading businesses, in particular, are struggling to manage the sudden costs of tariffs, as well as the unexpected volatility of supply chains’ geographic adjustments to avoid those fees. According to Kocher, bank-FinTech collaboration is key to addressing that gap, particularly in Asia. Beyond the U.S.-China
Insights on Business
AUGUST 31, 2017
Banking in India is in the midst of a major reinvention, a digital reinvention to be exact. Prime Minister Narendra Modi promised in 2014 to end “financial untouchability” and launched a government campaign to reduce the forty percent of the population without access to basic banking services. Photo credit: Jasveer10 CC-BY-SA-4.0.
PYMNTS
DECEMBER 17, 2020
Main Street businesses are optimistic about their longer-term survival — meaning that they believe their businesses will be around two years from now. Interestingly, small business formation is at a multi-year high, as estimated by the Census Bureau. The dust is not settled. But things are not as bleak as they once were.
CB Insights
FEBRUARY 13, 2020
As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.
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