payments
FinanceUK to establish independent firm to boost open banking payments
FinanceCourt to decide soon over govt request to suspend $1 billion state payment to TIM, sources say
HeadlinesIsraeli PM's office says first hostages expected to be released on Sunday
FinanceInvestcorp to buy italy's gift card company epipoli
Israel to use withheld palestinian tax income to pay electric co debt
Date: January 12, 2025
By Steven Scheer JERUSALEM (Reuters) - Israel plans to use tax revenue it collects on behalf of the Palestinian Authority to pay the PA's nearly 2 billion shekel ($544 million) debt to state-run...
Kazakhstan’s and halyk bank’s digital renaissance: Bridging tradition and technology
Date: December 27, 2024
Nariman Mukushev, Member of the Management Board, Deputy CEO, Retail Banking, Soft Collection, Digital Government Services and Ecosystems Kazakhstan is quietly undergoing a profound transformation, positioning itself as an emerging player in the global digital economy, driven in part by the Kazakhstan National Development Plan for 2019-2025 and the “Digital Kazakhstan” State Program. In a...
Even in the euro zone, king cash is about to lose its throne
Date: December 19, 2024
By Francesco Canepa FRANKFURT (Reuters) – Cash is close to losing its status as the main means of payment in the euro zone, traditionally one of the most resistant corners of the developed world to the rise of electronic payments, European Central Bank data showed on Thursday. An ECB biennial Study on the Payment Attitudes...
The future of insurance payment processing: AI, automation and beyond
Date: December 18, 2024
By Piers Williams, Global Insurance Manager at AutoRek Imagine a world where insurance payments are processed within minutes, fraud detection happens in real time, and customers never face delays in claim payouts. The insurance industry is transforming, and payment processing is central to this change. Advanced technologies like artificial intelligence (AI) and automation have the...
Time to scale? 4 ways to get your business ready
Date: December 18, 2024
By Brandon Spear, CEO, TreviPay Business leaders everywhere are seeking opportunities to expand operations and capture new markets. This growth mindset brings a surge of excitement heading into 2025. Yet, scaling a business—particularly in the B2B space—comes with its unique set of challenges. From navigating complex regulatory environments to managing financial strain and developing robust...
As Bitcoin soars, luxury brands consider accepting crypto payments
Date: December 18, 2024
By Mimosa Spencer PARIS (Reuters) – Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors. Until recently, only a handful of luxury brands including LVMH watch...