In the bustling marketplaces and sprawling urban centers of Egypt, payment gateways, which serve as secure intermediaries for online transactions between companies and their customers, have become an indispensable tool. Their vital role is primarily due to their inherent ability to deter fraudulent activities and ensure that transactions are conducted smoothly and efficiently.
Standard Chartered has entered into a partnership agreement with Visa to facilitate the procedure for making B2B payments for corporate clients of a financial institution.
Square has announced the expansion of offline payments for all hardware devices in each country.
Mastercard is launching a partnership approach based on artificial intelligence to detect and prevent fraudulent activities involving the use of personal data and payments before the operations of criminals transform into victimizing consumers.
With online betting sites seeing more and more members coming on board, especially in the last few years since COVID, there has been an increased potential for profits.
In today’s rapidly evolving business landscape, the synergy between financial technology (fintech) and supply chain management is becoming increasingly vital.
French fintech company Payflows has announced that it has managed to raise $26 million in investment funds for its all-in-one platform for financial teams.
Verafin has announced the addition of an artificial intelligence copilot to its suite of solutions for combating financial crimes.
The e-commerce sector is in constant evolution, driven by technological advances and shifting consumer expectations. To stay competitive, businesses need to innovate continuously in how they interact with customers online.
The new In Control Pay app from Mastercard enables virtual commercial cards to be added to digital wallets, simplifying business expense reports and reconciliation processes.
Allianz Travel Hero insurance solution enables customers to tailor their insurance plans depending on the distance of their travel, or the length of their stay overseas.
Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon, during a conversation with media representatives, outlined his vision regarding the question of what configuration of the future will become a reality for money in a world where artificial intelligence is the main technology.
The 107% growth of the BNPL (Buy Now, Pay Later) users is expected to be fueled by the increasing efforts of superapps and banks to develop their own flexible loan offerings.
Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën cars in India.
Insurance is an important aspect of one’s financial and social well-being. Modern technology facilitates and improves universal access to different insurance types and helps both sides settle claims seamlessly. In the UAE, health insurance is mandatory, so insurtech services target literally every Emirati citizen.
Not only online payments but also the associated fraud types have been evolving over recent years. Billions of dollars are lost to fraud annually. To hedge businesses and consumers from the risks of online payment fraud, one must be well-aware of the evolving market challenges.
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