Latest news with #cards
Yahoo
23-05-2025
- Business
- Yahoo
Vietnam Cards and Payments Market - Opportunities and Risks to 2028, with VietinBank, Agribank, BIDV, Vietcombank, DongA Bank, Techcombank, ACB, Eximbank, American Express, Visa, Mastercard and NAPAS
Discover insights into Vietnam's cards and payments industry. Analyze market trends, transaction values, and the competitive landscape. Explore innovative technologies and digital transformation shaping the sector. Dublin, May 23, 2025 (GLOBE NEWSWIRE) -- The "Vietnam Cards and Payments: Opportunities and Risks to 2028" has been added to offering. The report offers an extensive analysis of the evolving dynamics in Vietnam's cards and payments industry. Focusing on key performance indicators, including cash, credit transfers, and cards, this report covers values and volumes for the 2020-2024 review period and forecasts for 2024-2028, providing a comprehensive view of market trends and opportunities. Market Insights: Explore current and forecasted values for various market segments, including debit and credit cards. Gain insights into payment instruments like cash, credit transfers, direct debits, and cheques, alongside an overview of alternative payment methods. Examine the Vietnamese ecommerce landscape and its influence on payment methods. Understand regulatory policies shaping market dynamics and consumer financial services. Explore strategies implemented by banks and other institutions to promote debit and credit cards. Delve into consumer attitudes and preferences toward card usage. Analyse the competitive landscape, highlighting leading issuers and schemes. Key Highlights: Vietnamese consumers exhibit a strong inclination toward adopting innovative technologies. As an increasing number of individuals seek accessible, frictionless, and convenient payment solutions, various contactless payment technologies are gaining popularity. Against this backdrop, in July 2024 the SBV mandated that payments of over $390 made via mobile banking apps and digital wallets must be authorized via facial recognition. The move is an attempt to improve the security of online financial transactions amid rising fraud. Banks are progressively adopting digitalization, emphasizing the provision of online banking services. As per the central bank, the ability to open payment accounts online was initially facilitated in March 2021. By May 2024, 40 banks had officially adopted online account opening via electronic Know Your Customer (eKYC) protocols-resulting in nearly 35 million operational payment accounts established via eKYC. In July 2024, 27 banks successfully opened 15.3 million credit card accounts utilizing eKYC. These figures highlight Vietnam's significant strides toward digital transformation of the financial services sector. To capitalize on Vietnam's ecommerce growth, international brands are establishing online storefronts within the country. For example, Chinese ecommerce platform Temu launched its online platform in Vietnam in October 2024. In September 2024, YouTube partnered with ecommerce platform Shopee to introduce YouTube Shopping-an online shopping service available in Southeast Asia, including Vietnam. This collaboration enables YouTube users to seamlessly purchase products via Shopee links. Report Scope: Understand card market size concerning the number of cards, transaction value, and volume, with detailed segmentation across debit and credit cards. Assess market sizing and trends for key payment instruments. Identify market growth patterns and competitive strategies among leading card issuers. Explore in-depth consumer preferences and attitudes toward card payments. Examine alternative payment brands shaping the financial landscape. Reasons to Buy: Make informed strategic decisions using comprehensive market data. Identify growth opportunities in the Vietnamese cards and payments sector. Evaluate competitive dynamics and strategic marketing approaches. Gain regulatory insights to better navigate the industry framework. Key Topics Covered: Executive Summary Market Overview Payment Instruments Card-Based Payments Alternative Payments Payment Innovation Job Analysis Payment Infrastructure and Regulation Company Coverage: VietinBank Agribank BIDV Vietcombank DongA Bank Techcombank ACB Eximbank American Express Visa Mastercard NAPAS For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Switzerland Cards and Payments Market Opportunities and Risks Analysis Report 2025-2029: Instant Payment System SIC5 Revolutionizes Swiss Financial Transactions
Discover the latest trends in the Switzerland cards and payments market with the 'Switzerland Cards and Payments: Opportunities and Risks to 2029' report. Explore detailed market analysis, forecasts, consumer insights, and new regulatory frameworks. Navigate opportunities and risks to make strategic decisions. Dublin, May 23, 2025 (GLOBE NEWSWIRE) -- The "Switzerland Cards and Payments: Opportunities and Risks to 2029" has been added to offering. The report offers an in-depth analysis of market trends within Switzerland's cards and payments industry. It provides detailed values and volumes across key performance indicators, encompassing cards, credit transfers, cash, direct debits, and cheques for the period 2020-24e. This comprehensive examination extends to various payment card markets, offering insights on the number of cards in circulation as well as transaction values and volumes through both the review-period and forecast-period (2025f-29f). Additionally, the report sheds light on Switzerland's competitive landscape, detailing market shares of issuers and schemes. Leveraging the analyst's research, modeling, and expertise, the report is a valuable resource for banks and card issuers aiming to understand segment dynamics and gain competitive advantages. It delves into relevant regulatory policies and recent changes within the regulatory framework. The 'Switzerland Cards and Payments: Opportunities and Risks to 2029' report provides top-level market analysis, insights, and information, including: Current and forecast values for each market in the industry, covering debit, credit, and charge cards. Comprehensive insights into payment instruments like cards, credit transfers, cash, direct debits, and cheques, alongside an exploration of key alternative payment instruments. In-depth ecommerce market analysis. An analysis of market drivers and regulations affecting the industry. Examination of strategies employed by financial institutions to market debit, credit, and charge cards. Insightful analysis of consumer attitudes and card usage preferences. A detailed overview of the industry's competitive landscape. Key Highlights The SIC5 Instant Payment system, an addition to the Swiss Interbank Clearing system, was launched by SIX and the SNB. Supported by nearly 70 banks as of August 2024, it facilitates real-time settlements within 10 seconds and operates 24/7, enhancing immediate payment capabilities. Switzerland is progressively moving towards a 'less cash' society, spurred by its near-100% adult banked population and the rise in mobile payments. The SNB's pilot project on digital currency marks another key development, with Project Helvetia III extending into 2026. The incorporation of contactless payments into public transport has significantly accelerated adoption rates. SwissPass, a travel card, introduced a contactless feature in December 2022, enabling cashless transactions at sales points and ticket machines. Scope Analysis of the card market size, transaction values, and volumes, along with detailed segmentation of debit, credit, and charge cards. Market sizing and comprehensive evaluation of major payment instruments like cards, credit transfers, cash, direct debits, and cheques. Trends and growth trajectories for historical and forecast periods. Competitor analysis highlighting leading card issuers and schemes. Detailed insights into consumer attitudes and preferences towards card usage. An overview of prominent alternative payment brands within the country. Key Topics Covered: 1. Executive Summary2. Market Overview3. Payment Instruments4. Card-Based Payments5. Ecommerce Payments6. Alternative Payments7. Payment Innovation8. Job Analysis9. Payment Infrastructure and Regulation10. AppendixCompetitive Landscape TWINT Apple Pay Google Pay Swiss Interbank Clearing SIX SNB SIC5 Banque Cantonale Vaudoise (BCV) Basler Kantonalbank Commerzbank Hypothekarbank Lenzburg UBS Swiss Bankers Association Zurcher Kantonalbank CembraPay Swissbilling Swiss Competition Commission (COMCO) Mastercard Garmin Pay SwatchPAY Visa Alpian Bank Cler Bank EEK Credit Suisse Habib Bank Neon Switzerland BLKB Bank Linth CBH Bank Bank Cler PostFinance YAPEAL American Express Manor Christ Watches & Jewelry Bongenie-Grieder Klarna PayPal Samsung Pay Click to Pay SPAR Yoordi Swiss4 Corner EasyPark myPOS For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
The Guardian
12-05-2025
- General
- The Guardian
Did you solve it? Are you craftier than a cat burglar?
Earlier today I set these two puzzles. Here they are again with solutions. 1. Go compare! A dealer places one hundred cards on a table. On their face-down sides are the numbers from 1 to 100. The cards are randomly arranged so you have no idea at the beginning which card is which. Your task is to identify the 1 card and the 100 card without turning any of them over. The only way to learn information about the cards is by comparison. At any stage, you may choose two and ask the dealer which is smaller and which is larger. The dealer always knows. They will never tell you the number on the cards, just which is smaller and which is larger. It is possible to identify the 1 card after asking the dealer to make 99 comparisons. First, ask them to compare any two cards. Make a note of the lower card, and ask them to compare it with one of the 98 remaining cards. Make a note of the lower card, and ask them to compare it with one of the 97 remaining cards. And so on. The lower card in the 99th comparison must be lower than all other cards, and thus is the 1 card. Likewise you can identify the 100 card after 99 comparisons, making a total of 198 comparisons to find both highest and lowest cards. Can you find a method to identify the 1 and the 100 cards using less comparisons? What's the optimal strategy? Solution You can do it in 148 comparisons. STEP 1: Divide the cards into fifty pairs. Ask the dealer to compare the cards in each pair. (Total: 50 comparisons.) STEP 2: Consider the 50 lower cards from these comparisons. This group contains the 1 card. It will take 49 comparisons to identify with 100 per cent certainty which is the 1 card, which we do by comparing any two cards, taking the lower one, etc, and going through the remaining 48 as we did above. STEP 3. By the same logic, the remaining 50 cards contain the 100 card. It will take 49 comparisons of this group to identify with 100 per cent certainty the 100 card. TOTAL: 50 + 49 + 49 = 148 comparisons. This strategy is optimal. The proof is somewhat technical for a general audience, but if any mathematicians want to write it down in full in the comments below I'm sure some readers will be grateful. 2. The rope trick You are a burglar at the top of a 20m building, which has a ledge half way down on which it is possible to stand. There are hooks at the top of the building and on the ledge. You have a 15m length of rope and a knife. You can cut the rope if you like, and also make any type of knot anywhere on the rope, which uses up no length, and which can be placed on either hook. How would you use the rope to descend the building safely? You are not allowed to jump off the building or the rope. Solution Cut the rope into two pieces of 5m and 10m. Make a knot at one end of the 5m rope. Thread the 10m rope through this knot and tie its ends together. Make a knot at the other end of the 5m rope and attach it to the hook. Dangle the ropes down the side of the building and climb down them. The joined ropes have a combined lenth of 10m (5m + 5m), which gets you to the ledge. Untie the ends of the 10m rope and pull it through the other rope. This rope will get you down the final 10m when you attach it to the hook on the ledge. Thanks to Geza Bohus for suggesting today's puzzles. Geza was a Hungarian maths olympiad contestant many moons ago and is now semi-retired after a career in academia and industry, specialising in machine learning and financial modelling. These are two of his favourite puzzles. I've been setting a puzzle here on alternate Mondays since 2015. I'm always on the look-out for great puzzles. If you would like to suggest one, email me.
The Guardian
12-05-2025
- General
- The Guardian
Can you solve it? Are you craftier than a cat burglar?
Two very different puzzles today. In the first, you have to identify two numbers. In the second, you have to escape off a roof. 1. Go compare! A dealer places one hundred cards on a table. On their face-down sides are the numbers from 1 to 100. The cards are randomly arranged so you have no idea at the beginning which card is which. Your task is to identify the 1 card and the 100 card without turning any of them over. The only way to learn information about the cards is by comparison. At any stage, you may choose two and ask the dealer which is smaller and which is larger. The dealer always knows. They will never tell you the number on the cards, just which is smaller and which is larger. It is possible to identify the 1 card after asking the dealer to make 99 comparisons. First, ask them to compare any two cards. Make a note of the lower card, and ask them to compare it with one of the 98 remaining cards. Make a note of the lower card, and ask them to compare it with one of the 97 remaining cards. And so on. The lower card in the 99th comparison must be lower than all other cards, and thus is the 1 card. Likewise you can identify the 100 card after 99 comparisons, making a total of 198 comparisons to find both highest and lowest cards. Can you find a method to identify the 1 and the 100 cards using less comparisons? What's the optimal strategy? 2. The rope trick You are a burglar at the top of a 20m building, which has a ledge half way down on which it is possible to stand. There are hooks at the top of the building and on the ledge. You have a 15m length of rope and a knife. You can cut the rope if you like, and also make any type of knot anywhere on the rope, which uses up no length, and which can be placed on either hook. How would you use the rope to descend the building safely? You are not allowed to jump off the building or the rope. I'll be back at 5pm UK. PLEASE NO SPOILERS. Please discuss your favourite knots. Thanks to Geza Bohus for suggesting today's puzzles. Geza was a Hungarian maths olympiad contestant many moons ago and is now semi-retired after a career in academia and industry, specialising in machine learning and financial modelling. These are two of his favourite puzzles. I've been setting a puzzle here on alternate Mondays since 2015. I'm always on the look-out for great puzzles. If you would like to suggest one, email me.
