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Cross-border payments transform in Asia-Pacific region

“Expert Insights on Evolving Cross-Border Payments and Fintech Opportunities in Asia Pacific with Visa’s Jody Aldridge.”

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Cross-border payments in the Asia Pacific are rapidly evolving, with businesses needing to adapt to digitalisation and regulatory challenges.

In Short

By adopting advanced payment collection solutions, companies can enhance efficiency and competitiveness, supported by Visa Direct’s innovative technologies.

Cross-border payments are experiencing significant changes in the Asia Pacific region.

Recognising these trends is essential for businesses aiming for growth and competitiveness.

Jody Aldridge, Head of Fintech Customer Growth at Visa Direct, shares insights on this evolving payment landscape.

The current landscape encompasses various trends, such as increasing digitalisation and innovation in payment systems.

Collection capabilities play a crucial role in a business’s payments infrastructure, influencing overall operations.

They streamline transactions and improve cash flow management, which is vital for sustainability.

Companies in the Asia Pacific face unique challenges in payment collection, such as regulatory hurdles and varying consumer preferences.

To address these issues, businesses need to adapt their strategies and leverage technology.

The evolution of financial technology presents substantial opportunities for fintechs in the region.

By adopting advanced payment collection processes, they can improve efficiency and customer experience.

For fintechs in Australia, advanced collection capabilities enhance competitiveness and growth potential.

Visa Direct can support these firms by providing innovative payment solutions that streamline processes.

Embracing these changes will enable businesses in the Asia Pacific to navigate the challenges effectively and capitalise on growth opportunities.

As the landscape continues to evolve, remaining informed and adaptable will be key to success in cross-border payments.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


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Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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