Tag : payments market

FSS Introduces BLAZE in the Middle East, to Provide a Scalable, Efficient Payment Solution
Digital Payments News

FSS Introduces BLAZE in the Middle East, to Provide a Scalable, Efficient Payment Solution

PR Newswire
by PR Newswire0
BLAZE is a cloud-native microservices-based technology platform designed to offer significant efficiency gains in terms of speed and scalability, ensure high durability during peak workloads, improve fraud prevention, and enhance services to banks and financial institutions while simplifying choices and bolstering confidence in end consumers. Financial Software & Systems Pvt Ltd......
Juniper Research: Mobile Money Transactions to Exceed $2 Trillion in Emerging Markets for the First Time by 2027
Analytics Digital Payments News

Juniper Research: Mobile Money Transactions to Exceed $2 Trillion in Emerging Markets for the First Time by 2027

Business Wire
by Business Wire0
A new study from Juniper Research, the foremost experts in the payments market, found that the total value of mobile money transactions in emerging markets will reach $2 trillion by 2027, an increase of over $500 billion from 2023. “Vendors must implement sophisticated MFS in an effective way, or they will......
The Middle East Is the Fastest Growing Real-Time Payments Market Globally, Finds ACI Worldwide Report
Digital Payments News

The Middle East Is the Fastest Growing Real-Time Payments Market Globally, Finds ACI Worldwide Report

Business Wire
by Business Wire0
According to ACI’s 2023 Prime Time for Real-Time report, transactions in the region are expected to grow from $675 million in 2022 to $2.6 billion by 2027, representing a CAGR of 30.6% The Middle East is fast becoming the global hotspot for the real-time payments revolution sweeping the globe. The region......
Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally, as New Payment Models Accelerate Financial Inclusion
Digital Payments News

Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally, as New Payment Models Accelerate Financial Inclusion

Business Wire
by Business Wire0
The new study from Juniper Research, foremost experts analysing the fintech & payments market, found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This radical growth of over 260,000% reflects the early stage of the......
Moolahgo Gross Transaction Value Soared Past S$1 Billion
B2B Fintech News

Moolahgo Gross Transaction Value Soared Past S$1 Billion

Fintech News Desk
by Fintech News Desk0
Financial Year ending March 31, 2022 (FY2022) was another record-breaking year that saw its transactions volume doubling Expansion into consumer markets and new product innovation accounted for strong growth Moolahgo Pte Ltd one of Asia’s leading multi-currency digital payments Fintech announced that its gross transaction value (“GTV“) for the financial year ended 31 March 2022 (“FY2022“) doubled......
Mosul Bank Selects CR2’s BankWorld to Accelerate Digital Banking Transformation in Iraq
Banking News

Mosul Bank Selects CR2’s BankWorld to Accelerate Digital Banking Transformation in Iraq

Fintech News Desk
by Fintech News Desk0
Mosul Bank has selected CR2, one of the world’s leading software vendors in the digital banking and payments market, to accelerate its digital banking transformation strategy in the Iraqi market. “Mosul Bank has signed a definitive agreement with CR2 that will help our ambition in becoming the market leader in......
Paya Announces Acquisition of VelocIT
Commerce Digital Payments News

Paya Announces Acquisition of VelocIT

Fintech News Desk
by Fintech News Desk0
Expands and strengthens Paya’s robust integrated payments capabilities Paya Holdings Inc., a leading integrated payments and commerce solution provider, announced the acquisition of VelocIT Business Solutions. Founded in 2018 and based in Clarkson, WA, VelocIT provides fully integrated, omnichannel payment solutions to accounting and ERP partners, including Acumatica and Sage,......
Bankdata enables Open Banking with Nordic API Gateway
Banking Business Digital Fintech News

Bankdata enables Open Banking with Nordic API Gateway

Fintech News Desk
by Fintech News Desk0
A new Nordic collaboration is on the rise as one of Denmark’s largest IT providers in the financial sector, Bankdata, has enabled open banking from Nordic API Gateway to its 9 member banks with more than 1.7 million customers. With Bankdata’s vision, to be the leading digital partner for the......
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