Category : Economy

Banking Digital Payments Economy Featured Risk Management

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

Sudipto Ghosh
by Sudipto Ghosh0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
Cryptocurrency Economy Trading

CryptoRefills Publishes the First Global Research on Consumer Adoption of Cryptocurrencies for Purchasing Goods and Services

Fintech News Desk
by Fintech News Desk0
“66% of Cryptoshoppers believe that Bitcoin is a means of payment”, says the new consumer report by CryptoRefills CryptoRefills, in cooperation with Cointelegraph Research, published the first global research on consumer adoption of cryptocurrencies for purchasing goods and services. “Cryptocurrencies in Retail: Consumer Adoption Report 2021” is the first and......
Economy Finance News

Ideanomics Completes Acquisition of US Hybrid, Announces Order

Fintech News Desk
by Fintech News Desk0
US Hybrid also announces a significant multi-city order for all-electric street sweepers Ideanomics announced it has completed its previously reported May 12, 2021, definitive agreement to acquire 100 percent of privately held US Hybrid, a manufacturer and distributor of electric powertrain components and fuel cell engines for medium and heavy-duty commercial fleet applications.......
Economy Finance News

Mastercard Foundation to Deploy $1.3 Billion in Partnership with Africa CDC to Save Lives and Livelihoods

Fintech News Desk
by Fintech News Desk0
The Mastercard Foundation has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the continent. The Saving Lives and......
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