Visa Moves to Simplify Commercial Payments for Financial Institutions
Visa has launched a new initiative called Visa Commercial Integrated Partners to improve how fintechs and business application providers connect with the payment giant’s commercial platform. The program allows financial institutions to offer integrated payment services through advanced APIs without the need for lengthy technical development.
Fintech Platforms in Vietnam Lose Momentum to Bank Apps
In Vietnam, fintech apps are losing ground to bank-owned apps as traditional financial institutions ramp up their digital efforts. Bank-owned apps are rapidly gaining popularity and outpacing independent fintech platforms like MoMo and ZaloPay.
Change in payments is only getting started
In the 10 years between 2014 and 2024, the trend of how we pay was fully reversed, with the value of over 60% of all e-commerce transactions being digital even though physical cards still dominate at the POS.