Payments are the backbone of a functioning global economy. A payments system can be defined as any system that can...
Since its enforcement in the UK in March 2022, SCA – designed to protect consumers and reduce the number of...
Cross-border payments are an intrinsic part of today’s global economy. Increasing international trade, expanding supply chains across borders, and the new ease with which consumers can conduct global eCommerce are all contributing to a rise in international transactions. There are no official figures on the size of the international payments...
Global commerce has gone digital. By 2027, total e-commerce sales are expected to be worth upward of $10 trillion, of...
There’s a lot of talk about fintechs and their potential to disrupt the financial industry as we know it. But...
In today’s world, most people are used to getting what they want right away. This reality is especially true when it comes to the use of technology. For many individuals, this is the age of instant gratification. People can order food, summon a taxi, or purchase items online with the...
Notwithstanding drastic sanctions imposed on Russia and the mass exit of major companies from the Russian market, many of them...
There’s no doubt that ‘buy now, pay later’ (BNPL) services like Klarna or Affirm have taken off in recent years....
Fintech is an epic revolution for financial institutions and consumers around the world. The use of digital payments is becoming more common. Financial technology is improving at a quicker rate, and the world is moving towards a cashless economy. According to EY’s Global Fintech Adoption Index, 96% of the consumers...
The payments technology landscape is evolving fast and furiously to revolutionise consumers’ lives without introducing friction to their everyday transactions. ...
The US Dollar Index, which tracks the dollar against other currencies, including the euro, pound, and yen, has soared 18%...
Within an intricate ecosystem that includes, among other things, banks, financial institutions, and startups, the FinTech industry is known for its high rate of innovation. In other words, it has increasingly turned to artificial intelligence (AI) and machine learning (ML) for strategic decision making, customer purchasing behavior comprehension, customer experience...