Search Results for: Economic Impact Payments

68% of UK CFOs say businesses are compromising on customer experiences due to economic pressures
Finance Fintech News

68% of UK CFOs say businesses are compromising on customer experiences due to economic pressures

EIN Presswire
Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, today revealed that 61% of international CFOs say their businesses are making or considering making customer experience compromises to remain operational amid the current challenging economic climate. The report “The CFO agenda:......
New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst
Fintech News

New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst

Business Wire
Half of UK consumers surveyed said they are “obsessed” with checking their banking apps and balances, according to new FIS research. Eight in 10 UK consumers are utilising financial apps – online banking and mobile wallets being the most common. Mobile banking is the top reason for respondents’ loyalty to......
Total Economic Impact Study Reveals 69% Efficiency Gains Using Versapay's AI-Powered Cash Application
Artificial Intelligence Finance Fintech News

Total Economic Impact Study Reveals 69% Efficiency Gains Using Versapay’s AI-Powered Cash Application

PR Newswire
Interviewees reported 138% ROI on Cash Application from improvements in cash posting efficiency, reduced manual effort, and AI-driven matching Versapay, the leading Accounts Receivable Efficiency Suite, today released the results of Total Economic Impact™ (TEI) for Versapay’s Cash Application solution to be 138%, representing a payback window of less than six months. Midmarket businesses......
B2B Banking Business Commerce Compliance management Digital Payments Digital Wallet Featured Fintech Mobile Banking Payment gateways Technology

The Rise of Cross-Border Digital Payments

Prajakta Ayade
The digital revolution has profoundly transformed many aspects of our daily lives, and the realm of digital payments is no exception. Digital payments, once a niche domain, have become mainstream, enabling seamless transactions at the click of a button. As globalization intensifies and the internet connects even the most remote......
TruBit Reinvents Cross-Border Payments with the Launch of TruBit Business
Finance Fintech News

TruBit Reinvents Cross-Border Payments with the Launch of TruBit Business

Business Wire
TruBit launched TruBit Business, which streamlines cross-border payments in LATAM, processing $100 million monthly and enhancing business operations across economic regions in Latin America and beyond. Cross-border payments significantly impact the economy and the well-being of millions worldwide. In 2023, according to the World Bank, formal remittances to LATAM reached $156......
Total Economic Impact Study Quantifies Value of Next-gen Procure-to-Pay Software
Digital Payments Fintech News

Total Economic Impact Study Quantifies Value of Next-gen Procure-to-Pay Software

Business Wire
Independent study shows transformative financial and operational impacts result in a 272% ROI for Airbase Airbase, the innovators in spend orchestration for the mid-market, unveiled the findings from its latest commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting. The study underscores the significant return on investment and efficiency......
JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom
Fintech Investment Services News

JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom

Business Wire
The firm expands its skills-based hiring for entry-level technology and operation jobs in cities across the U.K., including Glasgow, where it recently opened a new state-of-the-art technology centre Plans to kick start a new programme to help fintechs create financial management tools to support individuals and entrepreneurs Builds on lessons......
Banking Digital Payments Featured Finance Fintech Investment Services

Financial Inclusion through Digital Payments

Prajakta Ayade
In today’s rapidly evolving global economy, access to financial services is more than just a convenience; it’s a necessity for individuals and communities to move forward, and thrive.  However, traditional banking services often fail to reach marginalized and underserved populations, leaving them excluded from the formal financial system. This lack......
Artificial Intelligence Banking Blockchain Digital Payments Featured Fintech Technology

Fintech and the Future of Digital Payments

Prajakta Ayade
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
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......
1