The US Dollar Index, which tracks the dollar against other currencies, including the euro, pound, and yen, has soared 18%...
Notwithstanding drastic sanctions imposed on Russia and the mass exit of major companies from the Russian market, many of them...
Global commerce has gone digital. By 2027, total e-commerce sales are expected to be worth upward of $10 trillion, of which $2.7 trillion will be cross-border. That’s at least 27 percent of all e-commerce sales worldwide. Where retail goes, payments go too. The inexorable rise of e-payments has been accelerated...
The payment landscape is changing. Consumer demand for new payment methods is shifting towards more innovative, digital payment solutions. This...
The UK fintech industry is evolving at an astounding rate. Currently home to over 1,600 fintechs, we are witnessing an...
In the financial sector, particularly in payments, change is imminent. The disruption is caused by several factors, which are gaining enough traction in banks to modernise their payment systems. The rise of a cashless economy is one of them. Rather than relying on currency, nations worldwide are vying to go...
True disruption is hard to achieve and rarer than you think, but when a company addresses a real consumer problem...
In today’s world, most people are used to getting what they want right away. This reality is especially true when...
Payments are the backbone of a functioning global economy. A payments system can be defined as any system that can be used to settle a financial transaction by exchanging monetary value. Evolving customer expectations alongside technological advances are driving innovation that prioritises speed, near to real-time payments, frictionless transactions and...
There’s no doubt that ‘buy now, pay later’ (BNPL) services like Klarna or Affirm have taken off in recent years....
Despite living in an age dominated by digital transactions, with an estimated $40 trillion of hard currency in circulation globally,...
The payments technology landscape is evolving fast and furiously to revolutionise consumers’ lives without introducing friction to their everyday transactions. While money can be transferred instantly via apps like Venmo and Zelle and consumers can order groceries on-demand from their cell phones, payroll processes aren’t keeping up with the times....