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BusinessThe opportunity of PayTech as a force multiplier for your company success
Embrace best practices for building gig marketplace payments now
Date: August 8, 2024
By Akshay Rawat The gig economy thrives on flexibility. For platform creators, however, building a smooth and secure payment system for their gig workers can feel anything but flexible. Friction in the payment process can frustrate independent contractors, hinder growth, and expose the enterprise’s platform to compliance and security risks. Yet, when executed optimally, the...
This organization is funding the finternet, one FinTech at a time
Date: August 7, 2024
To most of us, transferring money happens in the blink of an eye—or press of a button, tap of a card or scan of the face. Even standing in the mere vicinity of a payment processing machine can inspire Apple Pay to automatically present itself, ready for duty. But while payments have become near-second nature...
Aerospike powers BSV blockchain’s teranode to achieve 100 billion transactions per day
Date: August 5, 2024
Aerospike, Inc. (“Aerospike”) today announced that the BSV Blockchain trials of Aerospike, which underpins its groundbreaking Teranode blockchain transaction platform, has achieved sustained throughput of over three million transactions per second (TPS), enabling Teranode to support over 1 million global BSV Blockchain transactions per second (100 billion a day). These results far outstrip the performance of traditional core banking infrastructure...
Unveiling the evolution of FinTech: A journey from convergence to community – FTS.money
Date: August 1, 2024
By Ajmal Samuel, Founder and CEO of FTS.money The landscape of financial technology, commonly known as fintech, has undergone a remarkable evolution over the years. What we recognise today as a fintech revolution traces its roots back to the early 21st century, marked by significant developments starting in the mid to late 2000s. During this...
When consumer convenience turns to friendly fraud: The slippery slope of chargebacks
Date: July 30, 2024
By Alan Hubbs, General Manager at ChargebackOps It’s no secret that the shift to online has opened many virtual doors for merchandisers. However, in online shopping environments, brands are now faced with growing challenges to balance consumer convenience with fraud prevention and protection. On the one hand, companies want to ensure trust in their brand...
A trend to topple the card giants?
Date: July 30, 2024
By Azimkhon Askarov, Co-Partner of CONCRYT For decades, merchants have needed to accept cards from Visa and Mastercard to capture a larger share of consumer transactions. But today, these global giants could be on the verge of losing their global dominance in payments. Are Pay-by-Bank and A2A transactions poised to take the transaction top spot?...