Category : Economy

Economy Featured Finance Investments

Private Investment in Africa is Exceeding Expectations in 2021, According to New AVCA Report

Fintech Staff Writer
According to the 2021 H1 African Private Equity Data Tracker released by the African Private Equity and Venture Capital Association (AVCA), private investment in Africa is at an all-time high. Despite widespread decline felt by most economies across the globe, private equity fundraising in Africa has already managed to reach......
Commerce Economy Featured Guest Posts Insights

Promoting Inclusive Financial Services to Build a Fully Connected, Digital World

Li Xianhui
Huawei aims to use connectivity technology to make inclusive financial services affordable and sustainable. Read this article to know how it makes this possible in the pandemic era.  As digital technologies, the Internet, and mobile communications become more integrated with the financial services industry, financial transaction modes and service models......
Digital Economy Finance Investments News

Mastercard Launches Strive: a Global Small Business Initiative to Accelerate Economic Recovery

Fintech News Desk
Strive kicks off with initial commitment of $25 million in philanthropic funding to strengthen financial resilience and growth of small businesses globally Micro and small enterprises are important contributors to job creation and global economic development, representing approximately 90% of business and more than 50% of employment worldwide. However, the pandemic necessitated......
Banking Digital Payments Economy Featured Risk Management

CSBS Announces Money Transmission Modernization Act to Uniformly Modernize the State Financial Regulatory System

Sudipto Ghosh
COVID-19 has greatly influenced the way money works and how consumers use banking facilities to borrow, invest, store and transfer money. The rise of AI Machine Learning, crypto and digital wallets has forced banking systems to approach federal agencies controlling financial systems in the US, asking for new reforms. And,......
Digital Digital Payments Digital Wallet Economy News

REGO Payment Architectures, Inc. Announces Upcoming Feature of Mazoola’s(SM) “Super App” on AMC’s NewsWatch Program

Fintech News Desk
Because your child’s privacy matters The Children’s Online Privacy Protection Act (“COPPA”) and the General Data Protection Regulation (“GDPR”) compliance drive world-class privacy and consent policy features REGO Payment Architectures, Inc. announced its Mazoola super app will be featured on the award winning television show, NewsWatch, airing on AMC Network on Friday,......
Economy Finance Fintech News

Accuity Study Reveals Failed Payments Cost the Global Economy $118.5 Billion in 2020

Fintech News Desk
Key findings: 60% of organizations reported losing customers as a result of failed payments 60% of organizations reported losing customers as a result of failed payments Fewer than 50% are actively trying to improve their payments process despite nearly all respondents citing disappointment with failure rates Over one third of......
Commerce Digital Payments Economy News

Visa US Spending Momentum Index Signals Continued Spending Growth

Fintech News Desk
Visa’s latest SMI reading indicates consumer spending remained solid in June Visa released the June reading of the Visa U.S. Spending Momentum Index (SMI), an economic indicator designed to be a timely gauge of the health of consumer spending. The Visa SMI delivers insight into what drives upturns and downturns......
Business Digital Economy News

ISG to Publish Study on Digital Business Solutions, Services

Fintech News Desk
ISG Provider Lens™ report comes as many businesses embrace new digital initiatives to better serve customers following the COVID-19 pandemic Information Services Group, a leading global technology research and advisory firm, has launched a research study examining providers of digital business solutions and services that enhance customer experience, improve business......
Digital Economy Finance Fintech Investments News

PayPal Commits Over $100 Million to Advance Financial Inclusion and Economic Empowerment of Women and Girls

Fintech News Desk
The commitment is part of PayPal’s mission to build a more inclusive global economy and its role as a Generation Equality Forum Action Coalition Private Sector Lead PayPal Holdings, Inc. announced a more than $100 million commitment to advance financial inclusion and economic empowerment for women and girls around the world over......
Digital Payments Economy Fintech News

GoDaddy Venture Forward Partners with Mastercard’s City Possible Initiative

Fintech News Desk
Partnership to foster inclusive entrepreneurship and economic development across the country GoDaddy Inc., the company that empowers everyday entrepreneurs, announced that GoDaddy Venture Forward, a multiyear research effort to quantify the impact online microbusinesses have on their local economies, has partnered with Mastercard’s City Possible program, a partnership and co-creation initiative that......