Two-Thirds of Businesses to Use Fewer PSPs
The new report shows that businesses worldwide are planning to cut their supplier list, with using fewer payment service providers (PSPs) considered to be the main way to reduce operational costs.
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Nubank Customer Base in Latin America Surpasses 90 Million
Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.
Why Is the US Slow to Adopt Instant Payments?
One of the most progressive countries in the world, the US, oddly is lagging behind emerging economies when it comes to payment innovations. As the whole world is rushing to satisfy the public demand for real-time payments, the USA is taking its time to implement instant money transfers into the national financial system. Why is […]
Citi Uses Generative AI to Read New Capital Rules
Citigroup intends to provide more than 40,000 of its programmers with access to generative artificial intelligence amid Wall Street’s growing interest in advanced technology that is projected to surpass human mental abilities in the foreseeable future.
OCBC Bank Rolls Out Internal Generative AI Chatbot
A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.
SEPA to Migrate to ISO 20022 Next March
Sepa Credit Transfer, Sepa Instant Credit Transfer, Sepa Direct Debit Core, and SDD Business-to-Business are postponed to migrate to ISO 20022 in March 2024, instead of this November.
Truist Bank Collaborates With Trovata to Improve Liquidity Management
Truist Bank announced the beginning of a partnership with Trovata, which is a provider of banking application software interfaces (APIs) and corporate cash management services.
U.S. Bank Launches Avvance Installment Payment Tool
U.S. Bank announced the launch of a tool, the use of which provides businesses with the opportunity to offer consumer financing at points of sale.
Revolut Continues Its Attempts to Obtain British Banking License
Revolut continues its difficult path to obtaining a banking license in the United Kingdom.
Top 10 Best Online Investment Platforms
When it comes to choosing an online investment platform, it is crucial to approach the decision with careful consideration. Opting for a reliable and trustworthy app can prove to be highly beneficial, as it can assist you in not only generating substantial profits but also in making well-informed trading decisions and safeguarding against potential major […]
Paytm Reports 32% Revenue Growth
Paytm Q2FY24 quarter earnings showed robust revenue growth led by higher subscription revenue and an uptick in the loan distribution business.
Citi Rolls Out New Travel and Expense Management System
Citi announces the launch of a new travel and expense management system for its corporate clients who reside in the United States.
Stripe Checkout Becomes Embedded
Stripe Checkout solution can now be embedded into any website, facilitating the online shopping process for both end customers and merchants.
Mastercard and Remitly Integrate Solutions to Expand Remittance Access
With the new integration of Send and Cross-Border Services by Mastercard, the Remitly platform will offer its customers more choices in remittance methods.
BNP Paribas and 321founded Present Payment Management Tool
The French banking group BNP Paribas has created a fintech company that is focused on European e-commerce players.
Amazon Pharmacy Offers Drone Delivery
Amazon Pharmacy has launched a service for the delivery of goods using drones on the territory of the US state of Texas.
Fintech & Ecommerce
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