The global payments arena is a robust and complex market, with its overall size estimated to be in the trillions of dollars annually. This vastness is due, in part, to the diverse range of types of payments, including cash, cheques, credit/debit card transactions, bank transfers, and the rapidly evolving digital...
Discover more insightsThe stem cell and tissue storage market, often referred to as bio-banking, has grown significant importance over the past decade. As scientific advancements unfold, the sector has witnessed a substantial increase in the demand for bio-banking services, due to the scope of its application in personalized medicine, therapeutic cloning, and...
Discover more insightsThe global retail lending landscape is undergoing transformative shifts fueled by factors such as increased digitalization and changing customer preferences. Industry dynamics indicate a startling surge in popularity of online lending platforms, while traditional brick-and-mortar institutions grapple with the necessity to incorporate digital solutions. The Asia-Pacific region showcases a significant...
Discover more insightsThe increasing consumer preference for flexible payment options has spurred the growth of Buy Now Pay Later (BNPL) schemes. This market segment has prospered as e-commerce continues to surge, and young shoppers, in particular, are drawn to the convenience and perceived financial management these plans offer. This trend towards purchasing...
Discover more insightsThe portable energy industry, particularly portable charging solutions, has experienced significant advancements over recent years, shaping the way consumers power their digitized lives. The soaring demand is underlined by the relentless increase in reliance on mobile devices, propelling manufacturers in establishing innovative solutions, thereby improving the efficiency and convenience of...
Discover more insightsSteadfastness in cultural affinity towards gold, paired with growing financial literacy, has been catalyzing the expansion of India's gold loan sector. Rural areas, traditionally reliant on unorganized lenders, are transitioning towards formal institutions, signaling increased accessibility and awareness. Moreover, economic turbulence often propels gold loan demand, as witnessed during the...
Discover more insightsAs technology advances, so too does the landscape of the microfinance segment. There is a significant potential for growth, primarily driven by technological inclusion in traditional banking systems. The sector's shift towards digital channels not only reduces operational costs but also increases reach, enabling service providers to tap into a...
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