Search Results for: Economic Impact Payment

Artificial Intelligence Banking Blockchain Digital Payments Featured Fintech Technology

Fintech and the Future of Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In an era marked by technological advancements and digital integration, the financial transaction landscape is profoundly evolving. Digital payments, once a convenience, are now a necessity of modern commerce, revolutionizing how individuals and businesses exchange value globally. As we peek into the future, it becomes increasingly apparent that the trajectory......
Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report
Finance Fintech News

Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report

Business Wire
by Business Wire0
266.2 billion real-time payments transactions were recorded globally in 2023, a YoY growth of 42.2% 49% of all real-time transactions worldwide were made in India, followed by Brazil (14%), Thailand (8%), China (7%) and South Korea (3%) Report highlights lessons learned from five of the world’s most successful real-time payments......
Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System
Digital Payments News

Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System

PR Newswire
by PR Newswire0
Talino Venture Studios, an award-winning global venture studio for sustainable innovation, and Chemonics International, a leading sustainable development firm, have launched and seed-funded Higala, the pioneer startup Inclusive Instant Payment System (IIPS) in the Philippines. As an IIPS, Higala will serve as a financial superhighway that will connect thrift banks, rural banks, and microfinance institutions that are currently excluded from payment networks because of high switching and on-ramp costs. Despite the presence of 400 rural banks in the Philippines, only a mere 18 are part of InstaPay. This highlights a significant challenge:......
Paystand Acquires Teampay for Giant Leap Toward B2B Payment Revolution
B2B Fintech News

Paystand Acquires Teampay for Giant Leap Toward B2B Payment Revolution

Business Wire
by Business Wire0
Combined Company Creates No-Fee B2B Digital Payment and Spend Powerhouse That Services Over 1 Million Businesses Paystand, the global leader in blockchain-enabled B2B payments, today announced the acquisition of Teampay, an industry-leading spend management software. The transaction creates a B2B payments powerhouse whose continued goal is to revolutionize payments by......
Airwallex Expands Payment Acceptance to the U.S., Cementing Its Position as a Leading One-Stop Financial Platform for Borderless Businesses
Finance Fintech News

Airwallex Expands Payment Acceptance to the U.S., Cementing Its Position as a Leading One-Stop Financial Platform for Borderless Businesses

Business Wire
by Business Wire0
The Airwallex service offers a localized multi-currency shopping experience for businesses at home and abroad, unlocking cross-border commerce opportunities. Airwallex will continue to scale its offering across the Americas region including Canada and Mexico. Airwallex, a leading global payments and financial platform for modern businesses, today announced the U.S. launch......
Instant Payments To Significantly Boost Finances of Young Adults in Europe
Finance Fintech News

Instant Payments To Significantly Boost Finances of Young Adults in Europe

Business Wire
by Business Wire0
According to the latest data, the volume of instant payments in the EU is expected to rise from 7.6 billion transactions in 2023 to 21.2 billion transactions in 2028. ACI Worldwide, a global leader in mission-critical, instant payments technology, today revealed striking new data proving instant paymentsii will boost the......
Servicenow Announces Five-Year Strategic Alliance With Visa to Transform Payment Services
Digital Payments Finance Fintech News

Servicenow Announces Five-Year Strategic Alliance With Visa to Transform Payment Services

Business Wire
by Business Wire0
Initial phase includes the launch of a single, connected solution for disputes resolution, called ServiceNow Disputes Management, Built with Visa New solution includes low-code, AI, and generative AI capabilities to help boost efficiency and productivity ServiceNow, the leading digital workflow company making the world work better for everyone, announced today......
IBM Study: Widespread Discontent in Retail Experiences, Consumers Signal Interest in AI-Driven Shopping Amid Economic Strain
Artificial Intelligence News

IBM Study: Widespread Discontent in Retail Experiences, Consumers Signal Interest in AI-Driven Shopping Amid Economic Strain

PR Newswire
by PR Newswire0
Only 9% of respondents say they are satisfied with the in-store shopping experience; only 14% say the same for online shopping. Roughly 80% of consumers surveyed who haven’t used AI for shopping expressed an interest in using the technology for various aspects of their shopping journey. As the retail landscape......
Fluent Economic Bridge Acquires ADGM License, Expands Operations to Colombia to Propel UAE Global Trade
Blockchain News

Fluent Economic Bridge Acquires ADGM License, Expands Operations to Colombia to Propel UAE Global Trade

PR Newswire
by PR Newswire0
Blockchain startup Fluent Economic Bridge has officially received its Abu Dhabi Global Market (ADGM) license, permitting Fluent to domicile and conduct operations within the United Arab Emirates’ most prestigious Special Economic Zone. As its first course of action as a licensed ADGM member, Fluent is set to open a new office in Colombia to......
Steady Impact Selected to Lead Implementation of Pioneering Guaranteed Income Initiative for Gig Workers in Ann Arbor
Fintech Funding News

Steady Impact Selected to Lead Implementation of Pioneering Guaranteed Income Initiative for Gig Workers in Ann Arbor

PR Newswire
by PR Newswire0
Mission-driven fintech platform supports millions of gig and non-standard workers nationwide; unique approach enables program leaders to quantify impact of innovative cash grants Steady Impact, which works with cash assistance programs across the country to streamline distribution and quantify impact, announced that its platform has been selected to administer the......
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