Asia Payments Research

October 14 2014

Strong RMB growth continues

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According to the latest SWIFT RMB Tracker, the number of financial institutions adopting the RMB has risen by 35% with global RMB payments tripling in value over the last two years.

According to public information on the official website of Jumio, this fast-growing payment and online ID verification company based in California will be announcing additional deals with customers in Asia later this year. This is a signal for the firm’s ambition and interest in entering the Asian online payment markets, among which China is of significant importance.

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