Onafriq has announced the launch of a new cross-border payment service in Ghana, signaling a transformative shift in the financial ecosystem of Africa. This initiative, in collaboration with the Pan-African Payment and Settlement System (PAPSS), aims to fortify regional money transfers and strengthen intra-African trade. Recognizing the pressing challenges of high transaction fees and opaque exchange rates, the service offers
In an era where digital transformation reshapes industries, Deutsche Bank’s partnership with Silverflow signifies a pivotal moment in the evolution of digital payments across Europe. This collaboration focuses on implementing a cloud-native payment platform that promises to revolutionize efficiency, integration, and transaction processing in the banking sector. By leveraging modern technological advancements, the partnership seeks to transform conventional banking operations
The landscape of international financial transactions has undergone substantial evolution with key players like dtcPay and Mastercard leading the charge toward modernization. Through a strategic partnership, these organizations aim to address longstanding challenges associated with cross-border payments, such as lengthy settlement times and lack of transparency. Empowered by Mastercard Move’s globally recognized infrastructure, dtcPay is poised to revolutionize how cross-border
Recent news reveals a monumental partnership between Sokin, a leading expert in global payments and foreign exchange, and the British & Irish Lions, a renowned rugby team consisting of elite players from England, Ireland, Scotland, and Wales. Sokin has been named the Official Global Payments Partner for the Lions’ 2025 Tour to Australia, marking a significant milestone in the company’s
In a significant move poised to reshape the life insurance landscape, iPipeline has introduced its advanced underwriting tool to revolutionize the process of turning life cover quotes into actual terms. Developed in collaboration with The Openwork Partnership, the tool represents a major step forward in the industry’s quest to enhance efficiency and transparency in life insurance underwriting. This development aims
A noteworthy advancement has marked the financial services sector this year, as Banking Circle, a prominent global clearing provider, achieved direct access to the Swiss Interbank Clearing (SIC) system. This pivotal development signifies a substantial leap towards establishing a robust global payments platform that emphasizes interoperability, promising instant, cost-effective, and scalable cross-border solutions. The integration of Swiss Franc (CHF) capabilities
The Transformative Role of Instant PayID in Australia’s Gambling Industry In the evolving landscape of gambling, Australia stands at the forefront, pioneering transformations that blend state-of-the-art technology with traditional gaming practices. In 2025, one of the most notable shifts within the industry is the integration of Instant PayID as a preferred payment method. This advancement significantly impacts the gambling experience
The advent of smart glasses equipped with eWallet payment options has marked a milestone in global financial technology and augmented reality. This achievement emerged from the collaboration between Meizu and Alipay+, culminating in the unveiling of the Meizu StarV Snap smart glasses. These innovative devices, introduced in Hong Kong, feature capabilities that allow seamless transactions through QR scanning and voice
In an industry where every second counts, delayed payments can dampen any globetrotter’s enthusiasm. In the fast-paced travel realm, dreams and bookings can be shattered by slow, inefficient payment systems. Consider this: a surprising 50% of travel transactions are abandoned halfway due to cumbersome checkout processes. Addressing these barriers is crucial for any company yearning to thrive in a global
Revolut, a fintech giant with a vast user base of 55 million individuals worldwide, is making a significant move to strengthen its footprint across Europe. This digital-first company, renowned for its innovation in financial services, is making strides to connect with customers physically by introducing branded ATMs. The initial rollout will take place in Spain, a country known for its
The financial technology sector, known as fintech, has continuously evolved, especially with the integration of Artificial Intelligence (AI) and Blockchain technologies, revolutionizing the landscape of financial services. Fintech companies are at the forefront, championing this transformation by offering innovative solutions aimed at efficiency, security, and inclusiveness in financial dealings. These advancements reflect a rapidly shifting paradigm in how transactions are
Imagine businesses conducting high-value transactions smoothly at any hour, on any day, without delays or uncertainties. This scenario is now a reality, thanks to the expansion of real-time payment systems. The trend toward real-time payments signifies a significant transformation in financial transactions, with implications for industries ranging from real estate to corporate finance. This article explores this burgeoning trend’s current
