As India’s UPI has surpassed the industry giant, Visa, with over 650 million daily transactions, we prepared a brief illustration of the global payment networks’ processing volumes and values. Can real-time payments beat the cards?
The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.
As more and more kids get payment cards, Google Wallet updates its functionality to enable in-store cashless payments for those youngest generation representatives who received parental consent.
Klarna sees its profits grow 57% YoY, as it establishes a tech hub in Warsaw and looks forward to a strong holiday season driven by tech innovations.
Global central banks purchased 483 tonnes of gold in the first half of 2024, outperforming the previous record of 460 tonnes set in H1 2023 by 5%.
Solid Series B+ investment for Synerise deep-tech AI-driven company came from the commerce platform VTEX and business angels.
Poland’s banks are high scorers when it comes to adapting to the changing financial landscape, embracing new technology and developing innovative products and services. As a result, the banking sector of Poland has become one of the most dynamic in Central and Eastern Europe, with a number of major players vying for a market share.
A court case pending since October 2013, on the charges against Currency One SA brought by Cinkciarz.pl ended with the decision of the District Court of Poznan, which has not yet entered into force.
The Polish court ordered the owner Internetowykantor.pl and the Walutomat website, an online currency exchange service platform, to apologize and pay compensation to Cinkciarz.pl, the company from Conotoxia Holding, and donate an additional amount to charity.
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