Mobile Payments Outperform Debit Cards in Argentina

Mobile Payments Outperform Debit Cards in Argentina

Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this type of payment has thrived, accounting for 60% of payment transactions made, while plastic-based means of payment have stagnated, registering a drop in usage. Mobile Payments Keep […]

Global economy faces four key risks, warns Singapore’s MAS chief

Global economy faces four key risks, warns Singapore's MAS chief

The global economy faces not one, but four key uncertainties. It includes a recession next year, according to Singapore’s central bank chief Ravi Menon. A recession would be a sign that authorities will be in firefighting mode for longer. The key question is how deep and prolonged the recession will be. Menon is the managing […]