GlobalData
GlobalData

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Card payments in Taiwan to grow by 6.2% in 2022, estimates GlobalData

The Taiwanese card payments market will grow by 6.2% in 2022 to reach TWD3.5 trillion ($127.5 billion), as the country’s economy gradually recovers from the COVID-19 pandemic, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments declined by 6.3% in 2020 due to the COVID-19 […]
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Mobile wallet payments go mainstream in India, says GlobalData

Mobile wallet payments have gained significant prominence in India with mobile and digital wallets gradually replacing traditional payments such as cash and cards as retailers from street merchants to big chains prefer mobile payments, finds GlobalData, a leading data and analytics company. India is one of the most developed mobile wallet markets in the world, […]
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St. George tops list of Australian banks in net satisfaction of digital experience, finds GlobalData

With digital banking becoming ever prevalent in recent years, banks are scrambling to provide enhanced digital experience to attract and retain customers. Against this backdrop, St. George has emerged as the leading Australian bank for net satisfaction of digital experience in 2022, reveals GlobalData, a leading data and analytics company. GlobalData’s Australian Competitor Benchmarking report […]
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VC investments totalling $14.8 billion were made in the blockchain sector in 2021, as companies continue to focus on IT solutions built on the technology, finds GlobalData

Venture capital (VC) investments in the blockchain sector increased from $2.1 billion in 2020 to an impressive $14.8 billion in 2021, as both companies and investors are eager to develop IT solutions built on blockchain technology despite the lack of regulatory framework, says GlobalData, a leading data and analytics company. GlobalData’s Deals Database reveals that North […]
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China continues to lead global e-commerce market with over $2 trillion sales in 2022, says GlobalData

China’s e-commerce market, the world’s largest, is expected to register a strong growth of 10.4% in 2022, as consumers are increasingly shifting from offline to online. The market is expected to grow by 10.4% in 2022 to reach CNY14.5 trillion ($2.3 trillion), forecasts GlobalData, a leading data and analytics company. According to GlobalData’s E-Commerce Analytics, […]
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Card payments in Malaysia to grow by 15.2% in 2022, forecasts GlobalData

The Malaysian card payments market is set to record a robust growth of 15.2% in 2022, supported by the gradual rise in consumer spending, government’s financial inclusion measures, and increasing preference for contactless payments, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments in Malaysia […]
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Cryptocurrencies account for less than 1% of HNW investors portfolio in Asia-Pacific, says GlobalData

Alternative investments account for 12% of the high-net worth individuals’ (HNWI) investment portfolio in Asia-Pacific, with cryptocurrencies accounting for a mere 0.7% share, says GlobalData, a leading data and analytics company. GlobalData had carried out ‘Global Wealth Managers Survey Q2 2021’ with 360 wealth management executives across 19 countries to gather their views on a […]
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RBI new restriction on fintechs offering credit in collaboration with non-banks will affect BNPL market in India, says GlobalData

The Reserve Bank of India’s (RBI) recent regulation barring fintech companies from loading prepaid payment instruments (PPIs) such as prepaid cards and mobile wallets using credit offered by non-bank institutions is expected to affect the existing business model of buy now pay later (BNPL)/ non-bank entities in the short-term, says GlobalData, a leading data and […]
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Alternative payments account for two-thirds of e-commerce market in India, reveals GlobalData

Alternative payments methods such as mobile and digital wallets completely dominate the e-commerce space in India. They have displaced cash and cards to emerge as the most popular online payment method, accounting for two-thirds of India’s e-commerce market in 2022, finds GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals […]
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