Payment Technology

CIMB and ACI Unite for Cutting-Edge Payment Solutions
Digital Banking & Payments CIMB and ACI Unite for Cutting-Edge Payment Solutions

In a notable advancement for financial services, CIMB Bank has taken a significant leap toward modernizing its payment infrastructure by forming a partnership with ACI Worldwide, a pioneer in global payments technology. This collaboration marks a crucial step in CIMB Bank's endeavor to

Buy Now, Pay Later Fuels Financial Strains Among Young Adults
Digital Banking & Payments Buy Now, Pay Later Fuels Financial Strains Among Young Adults

The convenience of buy now, pay later (BNPL) services has become increasingly appealing to today's consumers, especially among younger demographics. A recent survey conducted by Bankrate and YouGov revealed a significant financial challenge faced by users of these services. Out of 2,354 U.S.

PayPoint Boosts Digital Vouchers with Uber and Deliveroo Ties
Digital Banking & Payments PayPoint Boosts Digital Vouchers with Uber and Deliveroo Ties

In the rapidly evolving digital landscape, PayPoint stands at the forefront with its innovative approach by forging strategic alliances with Uber and Deliveroo to boost their digital voucher services. These collaborations are not merely about business transactions but speak to a growing societal

Are Chargebacks the Next Big Consumer Defense Strategy?
Digital Banking & Payments Are Chargebacks the Next Big Consumer Defense Strategy?

As global economies grapple with the aftermath of trade wars and ongoing economic turbulence, the idea of consumers using chargebacks as a defensive maneuver is gaining traction. This strategy, known as chargeback abuse or "friendly fraud," finds increasing favor among UK consumers

Can Instant Payments Revolutionize the Gaming Industry?
Digital Banking & Payments Can Instant Payments Revolutionize the Gaming Industry?

In the fast-evolving world of video gaming, financial transactions are at the heart of both player engagement and developer profitability. As games increasingly rely on microtransactions, downloadable content, and in-game purchases, the methods of executing these transactions become crucial. A new

Why Are Major Investors Reshuffling Stakes in Paytm?
Digital Banking & Payments Why Are Major Investors Reshuffling Stakes in Paytm?

Ant Group has sold a 4% stake in the Indian digital payments company Paytm for $246 million. This transaction involved selling 25.5 million shares at a 5% discount compared to the closing price on May 12. Consequently, Ant Group's holding in Paytm has decreased from 9.8%, marking a strategic

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