Mikhail Hamilton

At the intersection of emerging technology and traditional banking, Project Meridian FX emerges as a collaborative initiative designed to revolutionize foreign exchange (FX) transaction settlements. Spearheaded by the Eurosystem and the London Centers of the BIS Innovation Hub, alongside the Bank of England, the project builds on the foundational work of the original Project Meridian. The principal aim is to

Apple has recently announced the discontinuation of its in-house Buy Now, Pay Later (BNPL) service, Apple Pay Later, less than a year after its launch. Introduced in the fall, Apple Pay Later enabled users to split transactions up to $1,000 into four interest-free payments. While the service showed promise and generated initial excitement among consumers, Apple faced significant challenges that

The landscape of financial technology is continually evolving, with new payment methods emerging to meet modern consumer demands. Open Banking, characterized by its emphasis on security, privacy, and speed, has shown considerable promise. According to research by emerchantpay, a global payment service provider and acquirer, Open Banking is poised to become a mainstream payment method within the next five years,

The travel industry is experiencing a paradigm shift in how it handles payments, thanks to the strategic partnership between TerraPay and Thredd. By marrying TerraPay’s global money movement capabilities with Thredd’s virtual card technology, the two companies are poised to revolutionize payment solutions for B2B travel intermediaries. This partnership not only aims to streamline financial transactions but also promises to