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Southeast Asia’s growth 2022-23 to outpace other markets

Future CFO

The digital consumer population in Southeast Asia is still growing steadily and is forecast to reach 370 million by end-2022, accounting for 82% of the total population of 15-year-olds and above. This figure is projected to rise further to 402 million by 2027, accounting for 88% by the end of the forecast period.

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Traditional FIs Drive Modernization Through FinTech Pairings

PYMNTS

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

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Today In Payments: NYC Taxi Commission Accused Of Fraud; Apple Considers Letting Users Change Default Apps

PYMNTS

In the latest Merchants Guide To Navigating Global Payment Regulations, PYMNTS interviews three experts on Chinese eCommerce, data and finance to examine how the misinterpretation of Chinese online data and security regulations can impact global merchants’ expansion ambitions. The Life, Death And Rebirth Of The Daily Deal.

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US November Car Sales Fell, But That Doesn’t Reflect Underlying Trends

PYMNTS

November 2020 is a prime example of why accounting for selling day differences is important in measuring comparable sales performance," Thomas King, president of the data and analytics division at J.D. million auto accounts in some form of accommodation at the end of September.”. car sales is still intact.

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An Order-To-Cash Overhaul Is Coming For B2B Payments

PYMNTS

PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same pre- and post-payment systems.”.

B2B 71
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Department Store Outlook Grim For 2017

PYMNTS

After a subpar holiday shopping season, research firm Moody’s announced that it had revised down its forecast for the sector’s operating income. But leaner inventory levels and other efforts to boost earnings don’t appear to be sufficient, and as a result, we have lowered our 2016 forecast and become more cautious on 2017.”.

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Manual Backlogs Flee In The Face Of Back-Office Digitization Sweep

PYMNTS

Fitzmaurice added that “the new [pandemic] era of operating a non-optimized back office will affect a business’ ability to make fast decisions, which, as we have seen over the course of the pandemic, is vital, given the difficulties with traditional forecasting techniques. Enterprises have been onto this for a while. “One

B2B 57