The acquiring industry is undergoing a seismic shift, driven by profound changes that promise to redefine how merchants process electronic payments by 2028. BPC, a global leader in payment solutions, has recently published a comprehensive report titled “Next-Generation Acquiring: A New Reality of the Digital-Ready Future,” which explores these transformations. Key drivers include regulatory evolutions, a surge in electronic payments,
India’s financial ecosystem is undergoing a profound transformation, driven by financial decentralization and revolutionary blockchain technology. This paradigm shift is redefining how finances are managed and governed across the nation, enhancing trust, efficiency, and economic opportunities for 1.4 billion people. Understanding Financial Decentralization in India Historical Context and Governance Framework Throughout history, governance frameworks have been shaped by numerous factors,
The financial services landscape is undergoing a monumental shift with the rise of embedded finance, a trend that seamlessly integrates financial services into non-financial platforms and applications. This transformation allows consumers to access and manage their finances within the context of their daily activities, enhancing both convenience and user engagement. With embedded finance, everyday experiences like shopping, commuting, and healthcare
In a significant move poised to transform the wealth management landscape, Flanks has successfully raised €14 million in an equity funding round led by Motive Ventures, with significant contributions from Battery Ventures and existing investors Earlybird, JME Ventures, and 4Founders Capital. Founded in 2019 by Joaquim de la Cruz, Álvaro Morales, and Sergi Lao, Flanks has set its sights on
In an era where precision and agility in economic decision-making define success, wealth managers constantly seek innovative tools that offer deeper, actionable insights into their investment strategies. One groundbreaking solution is MacroScore™, a cutting-edge product from JBI Metia developed in partnership with the Economist Intelligence Unit (EIU). Merging JBI Metia’s artificial intelligence prowess with EIU’s rich macroeconomic data, MacroScore aims
Is your current CRM system holding your financial services firm back? In today’s fast-paced world, outdated CRM solutions like Microsoft Dynamics or older Salesforce versions may not cut it. Many firms are unaware of how these clunky systems hinder their progress. This article delves into these challenges and presents Salesforce Financial Services Cloud (FSC) as a game-changing solution. Limitations of
Artificial Intelligence (AI) is emerging as a critical factor in evaluating the economic potential of both nations and companies. This transformative technology goes beyond being merely an advancement in information technology, becoming an essential economic driver and a new measure of competitiveness. Financial stability and growth prospects are increasingly tied to the extent and efficiency of AI adoption. As countries
The concept of open banking represents a paradigm shift in consumer finance, fundamentally altering how financial information is accessed and utilized. By allowing consumers to share their financial data with third parties, open banking is set to foster increased competition and innovation in the financial services sector. With new regulations shaping this landscape, the potential benefits are vast, though not
Sui has announced a strategic partnership with World Liberty Financial (WLFI), a decentralized finance (DeFi) initiative connected with former U.S. President Donald Trump, with the goal of driving advances in blockchain financial applications and asset management. This significant move marks a defining moment in blockchain evolution and underscores the potential of integrating robust blockchain platforms with financial strategies aimed at
The evolution of semiconductor technology has proven critical in advancing digital transformation across developing regions, making essential services more accessible to underserved populations. Innovative breakthroughs in both affordability and energy efficiency have been monumental, driving widespread connectivity and facilitating access to services such as banking, healthcare, and education. Semiconductors have played a transformative role by powering mobile technologies, significantly impacting
Ethereum, one of the pioneer cryptocurrencies, is amid significant changes exemplified by the recent Pectra upgrade and ongoing security concerns. These elements present both opportunities and challenges as the platform strives to maintain and increase its market position. The deployment of Ethereum’s Pectra upgrade on the Sepolia testnet marks a pivotal moment for the platform, aiming to resolve longstanding scalability
Cloud computing is significantly altering the technological landscape across Africa, a continent traditionally challenged by physical infrastructure limitations. This transformation is marked by a notable shift from in-house IT management to the on-demand delivery of infrastructure and services through cloud technology. Increasing Cloud Adoption in Africa A study by McKinsey reports that approximately 45% of corporate operations in Africa have
