Mikhail Hamilton, Author at B2Bdaily.com

Digital Lending / Digital Payments

Navigating Legal Hurdles in the Growing Cross-Border Digital Lending Sector

The rapid expansion of digital lending has transformed how international loans and services are provided, creating both remarkable opportunities and substantial legal challenges for financial institutions operating globally. Despite the growth, navigating the varied and often conflicting regulatory landscapes can be an arduous task for these institutions. Complex Regulatory Landscape One of the biggest challenges in cross-border digital lending is

January 7, 2025

Digital Lending / Digital Payments

Financial Institutions Prioritize Instant Payments by 2025 Despite Challenges

Instant payments are becoming a significant focus for financial institutions as they aim to meet customer demands for faster and more secure payment solutions by 2025. This trend is driven by the need for efficiency and the evolving expectations of consumers and businesses alike. The Federal Reserve’s launch of the FedNow Service in the summer of 2023 marked a pivotal

January 7, 2025

Digital Lending / Digital Payments

How Will the Payments Industry Evolve by 2025?

The payments industry is on the brink of a significant transformation as it accelerates into the year 2025. Capgemini’s latest research has pinpointed critical trends that will shape this evolution. These trends are categorized into three core themes: Customer First, Enterprise Management, and Intelligent Industry. Each theme delivers insights into how the industry will adapt to technological advancements and changing

January 7, 2025

Digital Lending / Digital Payments

How Will Yango’s New Digital Lending Boost Côte d’Ivoire’s Economy?

In a significant development, Yango, a subsidiary of the global technology company Yango Group, has formed a strategic partnership with COFINA, a prominent mesofinance institution in Côte d’Ivoire, and Yabx, an embedded finance platform specializing in building credit profiles for thin or no-file customers. The collaboration aims to introduce a new digital lending service, termed the “Driver Cash Advance” service,

January 7, 2025

E-Commerce

How Will Technological Innovations Shape Future eCommerce Payments?

The eCommerce industry stands on the precipice of a profound transformation driven by the relentless pace of technological advancements and sweeping digitization trends. As consumers increasingly favor the convenience and variety of online shopping, the existing methods of payment processing must evolve to meet new demands for security and efficiency. Exploring the anticipated future of payment processing in eCommerce unveils

January 6, 2025

E-Commerce

Are E-Commerce Merchants Demanding ESG Commitment from Providers?

New research from Ecommpay has shed light on an emerging trend among e-commerce merchants: 61% now prioritize choosing payment providers based on their commitment to Environmental, Social, and Governance (ESG) principles. An additional 38% consider it an important factor, reflecting the growing significance of sustainability values in business decisions. Strikingly, 94% of respondents view major payment providers, including Ecommpay, as

January 6, 2025

Digital Lending / Digital Payments

Mashreq Sells Majority Stake in NEOPAY to DgPays and Arcapita

Mashreq, a significant player in the financial realm of the MENA region, has successfully concluded the sale of a majority stake in NEOPAY, the UAE’s leading entity in digital payments, to DgPays, a financial infrastructure technology provider, along with Arcapita, a global alternative investment firm. Even with the divestiture of the majority stake, Mashreq retains a significant minority share, showcasing

January 6, 2025

Digital Lending / Digital Payments

Can Billboxx Solve Cash Flow Challenges for African SMEs?

Billboxx, an integrated billing-to-payment platform designed to address cash flow challenges for small and medium-sized enterprises (SMEs) in Africa, has successfully secured $1.6 million in pre-seed funding. The investment round saw participation from several notable investors, including Norrsken Accelerator, Kaleo Ventures, 54 Collective (formerly Founders Factory Africa), P2Vest, and Afrinovation Ventures. By focusing on automating billing processes, Billboxx aims to

January 6, 2025

Digital Lending / Digital Payments

What Are the Top Online Payment Methods for 2024?

In 2024, the digital payment landscape has continued to evolve, offering consumers an array of methods to facilitate online transactions. As the demand for seamless and secure payment options grows, both traditional and innovative solutions have captured the attention of consumers. From credit and debit cards to digital wallets and cryptocurrencies, the variety in payment options reflects consumers’ diverse preferences

January 3, 2025

E-Commerce

How Will Visa Commercial Pay Transform Corporate Payment Management?

The intention of transitioning towards a cashless society often sparks debates over security, convenience, and efficiency. Recently, Doha Bank has taken a significant step in this direction by partnering with Visa to introduce Visa Commercial Pay (VCP). This collaboration marks a notable milestone as the region’s first service that integrates a mobile module for corporate credit card clients. With the

January 3, 2025

E-Commerce

Can AstroPay’s Multicurrency Wallet Simplify Global Financial Management?

In an era where borders are becoming increasingly meaningless in the financial world, the introduction of AstroPay’s multicurrency wallet aims to provide a much-needed solution for global citizens, including travelers, remote workers, and international business professionals. This innovative fintech product is designed to simplify cross-border financial management, allowing users to hold, exchange, and transact in multiple currencies through a single

January 3, 2025

Digital Lending / Digital Payments

KuCoin Launches Crypto Payment Solutions Amid Legal Challenges

KuCoin has taken a significant step toward integrating cryptocurrency payments into the retail sector with the launch of KuCoin Pay, a new retail payment solution designed to cater to its 37 million global users. This initiative aims to bring crypto payments to mainstream retail by offering a contactless and borderless method, enhancing the convenience and efficiency of digital transactions. Providing

January 3, 2025