In a groundbreaking move, Progmat and Datachain have jointly filed a patent application for an international remittance system utilizing stablecoins, dubbed "Project Pax." Announced publicly on September 5, 2024, this initiative is poised to revolutionize the landscape of cross-border transactions
As industries continue to embrace digitalization, the financial sector is witnessing significant advancements, especially in digital payments, which have quickly become essential to the global economy. This rapid evolution is setting the stage for major changes that will shape the financial
In a groundbreaking move aimed at supporting small and medium-sized enterprises (SMEs) in developing markets, KaiOS Technologies and Mastercard have announced a collaborative partnership focused on integrating digital payment solutions. Known for enabling internet access on affordable mobile
The rapid evolution of the FinTech sector has undeniably transformed traditional financial services, creating a dynamic ecosystem where innovation and agility reign supreme. Over the past decade, we have witnessed FinTech firms introducing groundbreaking innovations like real-time payments and
Nigeria, Africa's most populous nation and largest economy, is experiencing a significant transformation in its financial landscape. The rapid growth of digital payments and fintech innovations is redefining the way Nigerians interact with money, fostering financial inclusion, and boosting economic
The financial landscape in the UK is on the brink of a significant transformation with the launch of Visa A2A. By early 2025, Visa aims to modernize account-to-account (A2A) payments to enhance security, convenience, and user control. This initiative comes in response to the growing demand for more
