4794 Results from /payments
Vitaliy Shtyrkin Chief Product Officer at B2BINPAY
The world of crypto payments is undergoing a dynamic transformation as commission structures change to meet new trends and market demands. With over 833 million cryptocurrency users worldwide as of 2024, the mainstream integration of digital currencies seems inevitable. For payment platforms, this presents both an opportunity and a challenge, as t...
22 November 2024 /payments /crypto
Kunal Jhunjhunwala Founder at airpay payment services
Cross-border trading, economic growth, and tech-driven payment solutions—these buzzwords are gaining momentum across industries faster than ever and are all interconnected. With changing consumer preferences and dynamic demand, India is sitting on a massive opportunity to attain the full potential of cross-border trade. This shift encourages busin...
22 November 2024 /payments /inclusion Financial Transformation
Azimkhon Askarov Co-partner at CONCRYT
Earlier this year, the UK government announced that banks would be given new powers to delay and investigate payments suspected of being fraudulent, in a bid to protect consumers against scammers. The decision immediately sparked widespread discussion across the financial sector, marking a significant shift in how payments are processed. But what a...
22 November 2024 /ai /payments
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
Smart contracts may sound like tech jargon, but beneath the name lies a game-changing solution that’s reshaping finance as we know it. The purpose of this piece is to, or at least attempt to anyway, succinctly describe smart contracts and what role they may play in driving financial value both in the private and public sectors. Part digital notary...
Kathiravan Rajendran Associate Director of Marketing Operations at Macro Global
The BRICS Bridge initiative announced by the BRICS nations has sparked both excitement and scepticism. The BRICS Bridge holds the potential to revolutionize cross-border payments for emerging economies. While the full potential of the BRICS Bridge is yet to be realized, its implementation could have far-reaching implications: Reduced Transaction C...
21 November 2024 /payments /predictions Fintech innovation and startups
David Smith Information Analyst at ManpowerGroup
Neobanks continue to face a unique challenge in 2024: standing out in a market dominated by traditional banking institutions. As big banks intensify their digital transformation efforts, fintech startups and neobanks need to act strategically. One of the most efficient ways to compete in this crowded market is by leveraging white-label neobank solu...
20 November 2024 /payments /startups
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
As of 2024, the Polish Financial Supervision Authority (KNF) has established clear guidelines for Specialized Payment Institutions (SPIs) looking to upgrade to Authorized Payment Institutions (APIs). This transition aligns with the demand for processing higher transaction volumes and delivering a wider range of services, reflecting the financial s...
20 November 2024 /payments /wholesale Digital Banking
Seth Perlman Global Head of Product at i2c Inc.
Key Takeaways: The banking industry is evolving digitally, driven by AI adoption, economic uncertainty? and the need for enhanced consumer privacy and automation, making seamless digital transformations essential for success. Maintaining a strong consumer experience is crucial during digital upgrades, as it can increase revenue, lower costs an...
18 November 2024 /payments /predictions Banking Strategy, Digital and Transformation
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The United Nations Office on Drugs and Crime (UNODC) recently released a comprehensive issue paper on organised fraud, shedding light on this increasingly sophisticated and pervasive form of criminal activity. The report underscores the urgent need for a coordinated global response to counter the diverse forms of organized fraud, which exploit bo...
18 November 2024 /payments /crime Fintech
Banks face growing competition from Money Transfer Operators (MTOs) and fintech firms in the cross-border remittance space. These challengers offer speed, lower fees, and user-friendly platforms, putting pressure on banks to innovate. The Strategic Role of FX Solutions in Remittance Services FX solutions provide a strategic advantage, enabling ban...
18 November 2024 /payments /retail Banking Strategy, Digital and Transformation
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