The payment landscape is changing. Consumer demand for new payment methods is shifting towards more innovative, digital payment solutions. This...
Alternative payment methods have soared in popularity in recent years. Spurred on by the pandemic, the continuing demise of cash...
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...
Global commerce has gone digital. By 2027, total e-commerce sales are expected to be worth upward of $10 trillion, of...
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 UK fintech industry is evolving at an astounding rate. Currently home to over 1,600 fintechs, we are witnessing an...
For years, the payment sector has neglected SME and sole trader payment solutions. But today, more than ever, the payment...
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...
In today’s world, most people are used to getting what they want right away. This reality is especially true when...
Notwithstanding drastic sanctions imposed on Russia and the mass exit of major companies from the Russian market, many of them...
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...