QR Code Payments Market to Grow 50% by 2029
Analysts believe global QR payments will exceed $8 trillion by 2029, driven by the standardization of national QR schemes and Account-to-Account (A2A) payment initiatives.
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Airwallex and Vistra to Empower Borderless Business Scaling
Vistra and Airwallex joined forces to enhance global business operations through the Vistra Platform.
Global Carrier Billing Users to Surpass 1.5 Billion Mobile Subscribers
Over 1.5 billion mobile subscribers worldwide will use carrier billing in the ongoing year without needing a credit card or bank account.
Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty
Currently, analysts expect Canada’s six largest banks to build more credit loss provisions, as these financial institutions are nowadays bracing for uncertainty related to the tariff threat from the United States, which could impact earnings in the first quarter of 2025 and beyond.
Robinhood Says SEC Dismisses Crypto Unit Investigation
The United States Securities and Exchange Commission (SEC) is ending its investigation into the crypto unit of Robinhood, as the company announced on Monday, February 24.
PayPal Brings Many of Its Brands Under Single Umbrella
Executive vice president and general manager of PayPal Frank Keller strongly believes that this company is ready to redefine the world of business payments, even though the last two years have been a period of slow decisions and actions for the firm that lacked the speed of implementation, although all this time the giant of […]
Google Wins Salesforce Cloud Deal
Salesforce Inc. has signed a multibillion-dollar cloud deal with Alphabet Inc.’s Google as part of a larger effort to combine forces and gain corporate customers who currently use Microsoft Corp.’s productivity and artificial intelligence products.
Prosus Plans to Buy Just Eat Takeaway
Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.
Apple to Invest $500 Billion in US Facilities
On Monday, February 24, Apple announced its intention to invest $500 billion over the next four years to expand facilities in the United States.
Mashreq Introduces Enhanced Business Platform Mashreq Biz
One of the leading financial institutions in the United Arab Emirates (UAE), Mashreq, launched a new digital platform, BIZ, for SMEs to facilitate their financial routines.
CTOS and Maybank Islamic Introduce Malaysia’s First Banking-as-a-Service Initiative
The collaboration between CTOS and Maybank Islamic aims to provide SMEs and retail customers with personalized, Shariah-compliant financial solutions, offering tailored services and incentives.
SEC to Dismiss Case Against Coinbase, Close Opensea Investigation
The U.S. regulator SEC eased its stance on crypto-related institutions under the new administration, agreeing to dismiss the long-standing legal battle against Coinbase and drop the investigation of the Opensea NFT market.
Stablecoins to Cut Business Costs by $26 Billion Worldwide by 2028
Business savings achieved through stablecoin use will increase by 73% compared to 2025, according to a recent forecast.
RCS Projected to Drive 18% of Operator Business Messaging Revenue by 2029
RCS business messaging will triple its share of operators’ revenue in the next five years, as customer trust in SMS declines.
Highly Fragile Countries Depend on Remittances the Most
Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.
Ant Group Enters AI Robotics Sector
Chinese fintech giant Ant Group has ventured into the Asian country’s humanoid robotics sector, which is currently in the condition of active development.
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