Mikhail Hamilton, Author at B2Bdaily.com

Digital Lending / Digital Payments

Unlocking the Future of Banking: Nurturing Trust, Fraud Protection, and Financial Belonging for Elevated Customer Satisfaction

The banking industry is constantly evolving, with technological advancements and shifting consumer preferences creating new challenges and opportunities. Against the backdrop of increasing digital expectations and economic uncertainty, banks are grappling with the challenge of driving customer satisfaction. Data indicate that they are coming up short on several fronts, such as personalization, onboarding, and forging deep connections with customers. In

April 14, 2023

Digital Lending / Digital Payments

Instant Payments: A Key to Success in Today’s Digital World — Meeting Consumer Expectations and Boosting Customer Retention

In today’s digital age, consumers expect instant access to their financial resources anytime, anywhere, and through any channel. However, the reality is that traditional payment systems operate on batch-based processes, slowing down payment processing and causing delays for consumers. This has created a pressing need for 24/7 instant payment options that better align with the digital demands of today’s consumers.

April 14, 2023

Digital Lending / Digital Payments

Thunes Secures ACPR License, Boosting Cross-Border Payment Services in France and EU

Thunes, a global cross-border payments company, has been granted a new Payments Institution license by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) in France. This new regulatory approval further cements Thunes’ reputation as one of the leading payment powerhouses, connecting Europe, Asia, Africa, the Middle East, and Latin America. This new license enables Thunes to offer global cross-border

April 14, 2023

Digital Lending / Digital Payments

Affirm and Stripe Join Forces to Bring Adaptive Checkout to Canadian Businesses: A Win-Win for Consumers and Merchants Alike

As businesses across industries continue to adapt to the rapid changes in consumer behavior, digital payments have emerged as a key driver of success for many. Among the most popular payment options in recent years is “Buy Now, Pay Later” (BNPL). Two companies that have emerged as leaders in this space are Affirm and Stripe. Now, they’re bringing their partnership

April 14, 2023

Digital Lending / Digital Payments

Navigating the Digital Revolution: How Modern Payment Technology and Open Banking Bolster Success for Traditional Banks

It’s no secret that traditional high street banking has been facing significant challenges lately, particularly in the face of increased competition from newer fintech companies. However, recent developments in payment technology and APIs (application programming interfaces) offer a potential solution, provided banks are willing to make some tough choices. In this article, we will explore the role of payments and

April 14, 2023

E-Commerce

Bridging the FinTech Divide: How Sipay Revolutionizes Banking with Digital Wallets and Installment Loyalty Programs

Turkish FinTech company, Sipay, is leading the way in payment processing services by offering a comprehensive platform for accessing multiple banks and minimizing the time and effort it takes to deal with various providers. In an interview with PYMNTS, Sipay’s founder and CEO, Nezih Sipahioglu, outlined how the company’s single-API virtual POS solution is transforming the payments landscape in Turkey

April 13, 2023

Digital Lending / Digital Payments

Embracing the Future of Transactions: Navigating the Shift to Modern Payment Solutions in the Real Estate Industry

The real estate industry has long been known for its reliance on traditional payment methods like checks and wire transfers. However, the industry is now recognizing the value of modern payment solutions, particularly real-time payments, in maintaining and strengthening relationships with vendors and suppliers. As a result, real estate firms across the United States are beginning to explore alternative payment

April 13, 2023

Digital Lending / Digital Payments

Adopting Real-Time Payments in Business: Challenges, Solutions, and Future Opportunities

Real-time payments are transforming the way individuals and businesses move money. As technology evolves and customer demand for instant gratification grows, many companies are looking to adopt a real-time payment system. However, the introduction of real-time payments is not without its challenges, particularly for corporate treasurers. In this article, we will explore the challenges and opportunities presented by real-time payments

April 13, 2023

Digital Lending / Digital Payments

The Digital Banking Revolution: Reshaping Consumer Finance in the 21st Century

The traditional banking industry is not what it used to be. The emergence of fintechs and challenger banks has caused a major disruption and transformation in the banking industry, as these new players offer customer-centric services that are progressively upending the status quo. In this article, we will delve into the world of fintechs and challenger banks to understand how

April 13, 2023

Digital Lending / Digital Payments

Revolutionizing Singapore’s Digital Payments: Know Your Customer Partners with Volopay and Coda Payments

Leading RegTech provider Know Your Customer is proud to announce its latest strategic client wins in Singapore: Volopay and Coda Payments. The double win comes in the context of an unprecedented growth of the digital payments industry in Southeast Asia, which is expected to reach an astonishing USD 1.5 trillion by 2030. Know Your Customer’s innovative compliance platform will streamline

April 12, 2023

Digital Lending / Digital Payments

Diminishing Card Spending Signals Economic Vulnerabilities: Causes and Implications

Household spending has played a vital role in driving the recent economic expansion in the United States. With the onset of the COVID-19 pandemic, many households relied on credit and debit cards to fund consumption needs while they were unable to leave their homes. However, as the economy begins to reopen, households are displaying signs of restraint. In March, household

April 12, 2023

Digital Lending / Digital Payments

The Rise of Buy Now, Pay Later: Adapting to a New Era of Digital Spending

The world had to adjust to new realities as the coronavirus pandemic brought life to a standstill. Retail businesses faced new challenges with closures, income losses, and consumers relying more on online shopping platforms. A new trend emerged in 2022 named “buy now, pay later” (BNPL) to cater to these shifts in consumer behavior. The BNPL trend originates from e-commerce

April 12, 2023