Growing Impact of Gen Z The segment of today’s teens and young adults who follow the Millennial generation is projected to make up as much as 40% of U.S. consumers by the year 2020. Similar to the younger aged Millennials, this segment (age 18-21) is all about digital technology and
Top 15 fintech conferences to attend A comprehensive fintech conference list may be endless due to the fact that there are so many events in the world to attend and gain fintech experience. Here are the most high-profile events you should look for this year. Don’t worry if some of these
The Credit Crisis of 1772 This crisis originated in London and quickly spread to the rest of Europe. In the mid-1760s the British Empire had accumulated an enormous amount of wealth through its colonial possessions and trade. This created an aura of over optimism and a period of rapid credit
The Single Euro Payments Area (SEPA) was launched by the European banking and payments industry with the support of national governments, the European Commission, the Eurosystem, and other public authorities. As SEPA not only harmonized the way non-cash euro payments are conducted, but also completed the introduction of the euro
iDEAL is a Netherlands-based payment method that allows customers to complete transactions online using their bank credentials. All major Dutch banks are members of Currence, the scheme that operates iDEAL, making it the most popular online payment method in the Netherlands. iDEAL redirects customers to their online banking environment to
General Interbank Recurring Order (GIRO) is a method of transferring money by instructing a bank to directly transfer funds from one bank account to another without the use of physical checks. In a bank giro transfer, the one sending the funds (paying party) sends a request to the entity to
What is MAE (Maybank E-Wallet) Maybank has just launched its e-wallet service under the name of MAE. MAE is stands for “Maybank Anytime, Everywhere”. MAE is an e-Wallet, that allow customer to open Maybank eWallet account instantly under the Interoperable Credit Transfer Framework (ICTF) issued by Bank Negara Malaysia in
Samsung Pay: Supported banks in Malaysia Samsung Pay was launched in Malaysia, helping the nation take another step towards a cashless society and furthering mobile payment adoption. But it is integrated into selected Samsung Galaxy models and ultimately up to the banks and card providers in a particular country to
