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Mastercard's Fintech Ties in Emerging Markets: Bold Move or Risky Bet?
ZACKS· 2025-07-08 16:15
Key Takeaways MA is expanding fintech partnerships in Africa, Asia Pacific and Latin America for digital payment growth. Cross-border volume rose 15% YoY, while GDV witnessed a continued rise in Q1 2025. MA is rolling out Buy Now Pay Later in emerging markets to meet growing demand for flexible credit.As the competition in the global fintech landscape heats up, Mastercard Incorporated (MA) is strengthening its partnership with fintech companies in Africa, Pacific Asia and Latin America, aiming to tap into ...
Apple loses bid to dismiss major US antitrust case
TechXplore· 2025-07-01 09:30
Core Viewpoint - A federal judge has allowed a significant antitrust lawsuit against Apple to proceed, challenging the company's alleged monopoly in the smartphone market [1][2]. Group 1: Antitrust Lawsuit Details - The lawsuit, initiated by the US Department of Justice and 20 states in March 2024, accuses Apple of illegally monopolizing smartphone markets through restrictive practices against app developers and device manufacturers [2][4]. - District Judge Julien Neals ruled that the government has sufficiently demonstrated that Apple holds monopoly power in the smartphone market and engages in anticompetitive behavior [2][3]. Group 2: Market Share and Monopoly Power - Apple reportedly controls 65% of the overall US smartphone market and 70% of the premium "performance smartphone" market, which excludes lower-end devices [3]. - The judge noted that these market share figures, along with significant barriers to entry, indicate Apple's monopoly power and justify proceeding to trial [3]. Group 3: Internal Communications and Potential Remedies - The ruling referenced internal communications from Apple executives that allegedly reveal intentions to maintain monopoly power, including efforts to prevent users from switching to competing devices [5]. - If the government prevails at trial, potential remedies for Apple could include changes to business practices or orders to divest parts of its device and software operations [5]. Group 4: Broader Antitrust Context - This case is part of a series of major antitrust challenges facing Apple, which also includes accusations of taking a large cut from proceeds of outside apps on its devices [7]. - The lawsuit is one of five significant cases initiated during the Trump and Biden administrations targeting major tech companies, including Meta and Amazon [7].
DigiAsia Corp (FAAS) Reports Strong First Half 2024 Financial Results, Achieves 45% Revenue Growth vs First Half of 2023
Newsfile· 2025-06-13 12:00
DigiAsia Corp (FAAS) Reports Strong First Half 2024 Financial Results, Achieves 45% Revenue Growth vs First Half of 2023June 13, 2025 8:00 AM EDT | Source: DigiAsia CorpNew York, New York--(Newsfile Corp. - June 13, 2025) -  DigiAsia Corp. (NASDAQ: FAAS) ("DigiAsia"), Indonesia's leading Fintech-as-a-Service (FaaS) platform, today announced its unaudited financial results for the first half of 2024, ended June 30, 2024. The results highlight strong improved operating leverage, and clear progre ...
DigiAsia Launches $100 Million Bitcoin Treasury Initiative and Begins Shortlisting Investment Banks for Capital Raise
Newsfile· 2025-05-27 12:08
DigiAsia Launches $100 Million Bitcoin Treasury Initiative and Begins Shortlisting Investment Banks for Capital RaiseStrategic $100M Capital Raise to Expand DigiAsia's Bitcoin (BTC) Treasury ReservesMay 27, 2025 8:08 AM EDT | Source: DigiAsia CorpNew York, New York--(Newsfile Corp. - May 27, 2025) - DigiAsia Corp (NASDAQ: FAAS) ("DigiAsia" or "the Company"), a technology-driven fintech platform advancing digital financial services in Asia and beyond, today announced that it is currently in the ...
2024年放眼支付之外:跨境结账变革数字化趋势研究报告(英文版)
Sou Hu Cai Jing· 2025-05-03 16:43
今天分享的是:2024年放眼支付之外:跨境结账变革数字化趋势研究报告(英文版) 报告共计:32页 《2024年放眼支付之外:跨境结账变革数字化趋势研究报告(英文版)》探讨了亚太地区数字支付领域的新趋势。核心观点 为:亚太地区在数字支付领域处于全球领先地位,支付创新推动了经济的包容性增长和数字化转型,公私合作对于支付互联互 通至关重要,数字钱包正朝着提供多元化服务的方向发展。 1. 数字支付变革:数字钱包在全球迅速发展,亚太地区支出占全球近三分之二,数字钱包渗透率最高。2023年,亚太地区数字 钱包在电商和线下交易中均占主导地位,其便捷性和安全性受消费者青睐。此外,数字钱包市场吸引众多行业参与者,推动支 付创新。 2. 公私合作推动支付互联互通:随着跨境商务和旅游的发展,支付互联互通成为关键。公私部门合作升级数字支付基础设施, 如推出开放银行法规、实时支付系统和标准化二维码。东南亚地区建立了二维码支付生态系统,促进了区域内的支付互联互 通。 3. 数字钱包拓展服务:为适应全渠道购物趋势,数字钱包演变为超级应用,集成多种第三方服务。超级应用简化购物流程,通 过数据分析提供个性化体验,推动零售行业的全渠道转型。像印 ...