Mikhail Hamilton, Author at B2Bdaily.com

Digital Lending / Digital Payments

The Transformative Power of Interoperability in Financial Services

The financial services industry is undergoing a remarkable transformation driven by the rapid advancement of interoperability. This groundbreaking concept promises to redefine how we pay and get paid, offering seamless interactions between once disparate systems. In this article, we explore the various aspects of payment interoperability and its cascading benefits throughout the entire payment ecosystem. Defining Payments Interoperability and Seamless

January 11, 2024

Digital Lending / Digital Payments

Elon Musk’s X Platform Set to Revolutionize Social Media with Peer-to-Peer Payments

Elon Musk’s social media platform X, formerly known as Twitter, has recently announced its groundbreaking plans to launch peer-to-peer payments later this year, marking a significant evolution for the platform. This move comes after Musk’s acquisition of X for a staggering $44 billion in late 2022. Prior to this, the platform had already expanded into the financial realm through partnerships

January 10, 2024

E-Commerce

Mercari Steps into the Future: Bitcoin Payments to Enrich the E-commerce Experience by 2024

In a groundbreaking move, Japanese e-commerce giant Mercari has announced its plans to become the first corporate institution to accept Bitcoin (BTC) as a payment method for goods and services. This visionary decision is set to take effect from June 2024 and will be facilitated through Mercari’s Tokyo-based subsidiary, Melcoin, which specializes in blockchain development services. By embracing the potential

January 9, 2024

Digital Lending / Digital Payments

Intergiro Partners with Silverflow to Enhance Payment and Banking Infrastructure

Intergiro, a leading Swedish FinTech company specializing in payment and banking infrastructure, has recently announced its groundbreaking partnership with Silverflow, a cloud platform that focuses on global card processing. This strategic collaboration aims to empower Intergiro to offer advanced card network capabilities to its clientele, augment processing efficiency, and provide unprecedented access to valuable card scheme data. Empowering Intergiro’s clients

January 9, 2024

Digital Lending / Digital Payments

Zing emerges as a trailblazer in the international money transfer sector

The international money transfer sector has seen a new player emerge as Zing, a trailblazing FinTech initiative, takes the stage. Leveraging HSBC’s long-established expertise in global finance, Zing has entered the UK market with a commitment to offering hassle-free international money solutions. With its innovative multi-currency app and debit card, Zing aims to cater to the needs of users in

January 8, 2024

Digital Lending / Digital Payments

Surfboard Payments and Worldline Partner to Revolutionize Payment Solutions Across the Nordics

Surfboard Payments, a Swedish PayTech company based in Stockholm, has entered into a strategic partnership with Worldline, a global leader in the payments industry. This collaboration aims to combine Surfboard Payments’ innovative payment solutions with Worldline’s comprehensive expertise in acquiring, processing, and fraud prevention. Together, they seek to offer a wide range of payment options and services to businesses across

January 8, 2024

Digital Lending / Digital Payments

D•One Collaborates with Salad Money to Enhance Credit Decision-Making with Open Banking

In a groundbreaking collaboration, D•One, a leader in open banking services, has partnered with Salad Money to revolutionize the credit decision-making process. By leveraging D•One’s expertise, Salad Money aims to enhance affordability assessments and offer more accurate and efficient lending options to consumers with impaired or limited credit histories. Enhanced Affordability Assessments With the integration of D•One’s advanced technologies, Salad

January 5, 2024

Digital Lending / Digital Payments

The Rising Concerns of Late Payment Fees and Debt in Buy Now, Pay Later Services

Buy now, pay later (BNPL) services have gained significant popularity in recent years, offering consumers the convenience of delayed payment for purchases. However, a concerning trend has emerged, with nearly a quarter of Brits who have used these services being charged late payment fees. This article delves into the implications of these fees and explores the broader issues surrounding BNPL

January 5, 2024

E-Commerce

Exactly Leaps Towards the Future: Innovative Collaboration with Apple Pay Promises a Seamless and Secure Payment Experience

Exactly, an ambitious payments solutions provider, has made a significant leap forward by securing a major partnership with Apple Pay. This integration of Apple Pay into Exactly’s payment systems offers customers an even more convenient and secure way to manage their finances and payment methods. With the growing preference for digital wallets among buyers, this collaboration brings forth a range

January 4, 2024

Digital Lending / Digital Payments

Taiwan’s Financial Regulator Restricts Credit Card Transactions with Virtual Asset Providers

Taiwan’s Financial Supervisory Commission (FSC) has recently issued a directive instructing banks to deny virtual asset providers (VASPs) the status of merchants for credit card transactions. This move comes as the regulator emphasizes that credit cards should primarily serve as consumer payment tools rather than vehicles for investment, wealth management, or high-risk speculative transactions. This directive adds another layer to

January 4, 2024

Digital Lending / Digital Payments

The Rise of Payment Apps and Klarna: Transforming Sweden’s Fintech Landscape

The FinTech industry in Sweden has witnessed exponential growth in recent years, driven primarily by the increasing popularity of payment apps and the shift towards digital payments. In 2023, payment apps dominated the market, accounting for the majority of FinTech app downloads in Sweden. Among these, Klarna, a leading buy now, pay later provider, emerged as the most downloaded FinTech

January 4, 2024

Digital Lending / Digital Payments

Indian Fintech Revfin Raises $14 Million in Series B Funding Round, Aims to Drive Electric Vehicle Adoption

Revfin is an innovative Indian FinTech company operating in the electric vehicle (EV) loan sector. Recently, the company closed a successful Series B funding round, raising an impressive $14 million. This funding round was led by Omidyar Network, a prominent global investment firm, and saw participation from the Asian Development Bank, Companion Capital Limited, a group of angel investors, and

January 2, 2024