Six global institutions have endorsed SWIFT’s new transaction management platform, expected to go live in November 2022 to transform cross-border payments.
The increase in penetration of contactless and digital payment systems will boost the growth of the global NFC payment devices market over the coming years.
A joint survey by HSBC, KPMG China and GS1 Hong Kong has highlighted the growing reliance among the region’s retail businesses in e-commerce platforms.