payments
BankingSantander to Block UK Transfers to Crypto Exchanges in 2023
TradingMas Launches Expanded Initiative to Advance Cross-Border Connectivity in Wholesale CBDCs
TechnologyMichel Roig Explores the Trends Accelerating Biometric Payment Card Adoption
TechnologyAlloy Partners With Fiat Republic to Democratize Fraud-Free Crypto Trading and Simplify Fiat Access
Payment Orchestration: Businesses Global Tool to Increasing Revenue
Date: November 2, 2022
By Nikhita Hyett, EU MD of BlueSnap Globalisation has brought businesses and consumers closer together; however, to truly capitalize on this market opportunity, businesses need to think globally and act locally. We increasingly see the benefits of payment localization, with businesses achieving a 12% increase in revenue by simply offering local currencies. Global payment capabilities...
With Interest Rates Up, SMBs Are Turning to Banks for Innovative Solutions
Date: November 1, 2022
By Keith Riddle, CEO of Americas at BankiFi Rising inflation and the Federal Reserve’s efforts to curb it by raising interest rates have dominated this year’s economic news. Since February, the Fed has raised benchmark interest rates to 3%-3.25%, the highest it has been in over a decade. In September of this year, the Fed...
How to Win the Psp Market With a Best-in-Class Fraud Solution
Date: November 1, 2022
By Ed Whitehead is the Managing Director EMEA for Signifyd The payments industry is undergoing a sea of change as ecommerce continues to evolve post-pandemic. The competition that payment service providers (PSPs) are facing is expanding from other PSPs to fintechs and start-ups taking advantage of the opportunities granted by open banking and payment orchestration companies. Additionally,...
Elon Musk Says Twitter Will Revise How It Verifies Users
Date: October 31, 2022
(Reuters) – Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world’s most influential social media platforms. “Whole verification process is being revamped right now”, Musk said in his tweet without giving more details. Twitter is considering charging for the...
Mastercard’s Dim Forecast Clouds Profit Beat on Travel Demand
Date: October 27, 2022
By Niket Nishant and Manya Saini (Reuters) – Mastercard Inc on Thursday pushed back against worries of a slowdown in consumer spending after a weaker-than-expected forecast for revenue growth for the last three months of the year overshadowed an upbeat quarter for the U.S. card firm. Shares slipped 1% after the company said it expects...
Business Adoption of Emerging Electronic Payment Tools Is on the Rise, Aite-Novarica/BNY Mellon Report Shows
Date: October 27, 2022
NEW YORK, October 6, 2022 — BNY Mellon, in collaboration with Aite-Novarica Group, today released a study examining commercial payment trends, finding that businesses are embracing a range of emerging digital tools such as real-time payments (RTP) and digital wallets. The report also found significant regional differences in channel usage. The adoption of instant payments...