Category: Paytech

August 4, 2023

Founded in 2020 and based in Tel Aviv, Spott leverages artificial intelligence (AI) and machine learning (ML) to sift through large datasets and provide quantifiable results to help businesses make more informed and faster decisions. Payoneer says the start-up’s capabilities […]

July 20, 2023

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that […]

July 17, 2023

Wallet Factory has partnered with IMS Ventures to offer its digital wallet engine and API-based tools for businesses in South African emerging markets. The digital wallet service was developed in order to ensure efficiency and security for FairPay, a transportation […]

July 12, 2023

The partnership seeks to provide new flexibility for onboard sales and to boost the inflight retail experience for Southwest Airlines’ customers. According to the official press release, most.Onthego aims to combine product management, payment hardware solutions, and payment processing capabilities […]

July 10, 2023

For this survey, the Bank of International Settlements (BIS) surveyed 86 central banks. According to the findings, 93% of them are currently working on their own CBDCs, with major jurisdictions such as India, the UK and the European Union all […]

July 3, 2023

The sheer volume of data that continues to grow exponentially, coupled with the demand for real-time insights and the diversity of data sources, present formidable obstacles in integrating and utilising data resources. In this article, I will explore the complexities […]

June 29, 2023

Capital Union Bank provides execution, custody and lending services to institutional investors, financial intermediaries and ultra-high-net-worth individuals across the world. The bank has now launched a new online banking platform leveraging Avaloq’s Web Banking tech, offering what it calls an […]

June 27, 2023

Intelligent Acceptance is an AI-powered optimisation engine. It is trained on billions of transactional data points from Checkout.com’s global network. This is in addition to insights from the business’ domain expertise after a decade at the forefront of the digital […]

June 26, 2023

Leveraging the latest technology has become more critical than ever in today’s fast-paced and competitive retail environment. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize […]

June 23, 2023

U.S. retail bank customers have been through the ringer during the past few years. Inflation, market volatility and rising interest rates have contributed to increased prices for goods and services, leaving 69% of customers classified as financially unhealthy.1 According to […]

June 21, 2023

Through a single API integration with the ACI payments orchestration platform, merchants using Instant Pay will be able to accept instant online, mobile and in-store payments. ACI says payments will reach merchants’ accounts instantly with no settlement delays or chargebacks […]

June 16, 2023

Developing payment railroads for the metaverse will be qualitatively different from the card payment and ACH transfer offerings that banks and payment startups developed to support ecommerce. Succeeding in this space requires a strong understanding of what makes metaverse transactions, […]

June 14, 2023

The global ePayment system market is anticipated to witness opulent growth opportunities over the forecast period by registering growth at a CAGR of around 17.7% from 2021 to 2031. The global market totaled revenue of US$ 77.8 Bn in 2020 […]

June 7, 2023

UK-based fintech Lanistar has updated its mobile payments app to allow users to buy and sell various cryptocurrencies such as Bitcoin and Ethereum. The new functionality allows Lanistar users to purchase and sell cryptocurrency directly on the Lanistar app. According […]

June 5, 2023

The implementation of CobaltFX’s ‘Dynamic Credit’ solution marks a step forward in enhancing market access and control while optimising credit disbursement. CobaltFX, part of United Fintech, has been a longstanding partner of BNP Paribas and NatWest. This latest collaboration aims […]

June 2, 2023

After launching in November 2022, ChatGPT had gained 100 million users by January of this year, making it the fastest growing and most speedily adopted app yet—it took Instagram more than two years to reach the same kind of numbers, […]

June 1, 2023

PwC India has released a report which highlights that UPI is projected to dominate retail digital payments in India, accounting for 90% of transactions until 2027. Unified Payments Interface (UPI) transactions are expected to continue growing steadily, reaching a milestone […]

May 31, 2023

Founded in 2021 following the acquisition of assets from Wirecard, including its licences in Turkey and Asia Pacific, NomuPay operates a unified payments platform that enables cross-border payment acceptance and payout disbursements through a single API. The company says it […]

May 30, 2023

Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable in any manner that their buyers or suppliers prefer. Moment will also offer additional options for consumers to spend […]

May 26, 2023

The research results gave the Fed an opportunity to plug the arrival of its new FedNow faster payments system, which is expected to launch services publicly in July. That real-time payments system from the central bank has been in development […]