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In high-tech Japan, cash is still king

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 Insights

22-Aug-19 Once a cashless pioneer, Japan is now lagging behind countries such as Sweden and Korea on electronic payments, because of its aging population, low crime and virtually no counterfeiting. Four out of five purchases are still made with cash. [image: AFP / Toshifumi Kitamura]

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China’s iPayLinks to expand Middle East fintech market

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 Insights

15-Aug-19 China-based cross-border payment services provider, iPayLinks, has announced its plans to enter Middle East fintech market. The firm is aiming to build up a one-stop payment solution for the Middle East cross-border business. [image: TahawalTech]

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Remittance and migration flows foil ranking

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 Insights

09-Jul-19 The World Bank’s update on migration and remittances points to an almost 10% jump in 2018 to USD530 bn for low and middle-income countries, although the pace is projected to slow for the remainder of the year. [image: iStock]

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Libra shows global remittance ripe for change

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 Insights

05-Jul-19 The global remittance market, a target for Facebook's new currency, Libra, is stuck in the last century, but can it really improve the lives of the global poor? For the Arab Gulf region, this is a key question. [image: Reuters]

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