Investing Archives | Page 21 of 100

Digital Lending / Digital Payments

Real-Time Payments Drive Global Economic Growth and Financial Inclusion

Real-time payments have significantly transformed financial transactions by enabling instant money transfers between consumers and businesses, fostering seamless and delay-free financial interactions. ACI Worldwide’s analysis highlights the substantial economic impact and the promising opportunities within this evolving technological landscape. Economic Impact According to ACI Worldwide, real-time payments contributed a staggering $164 billion to the global GDP in 2023, equating to

October 23, 2024

FinTech Insurance

Diesta Raises €3.5M to Digitize Insurance B2B Premium Payments

In a significant stride toward modernizing the insurance sector, Diesta, a London-based B2B SaaS company, has successfully secured €3.5 million in a seed funding round. The substantial investment was led by FinTech Collective, a New York-based venture capital firm, with additional backing from Commerce Ventures, Restive Ventures, and SixThirty. This latest investment follows a successful €1.8 million pre-seed round from

October 22, 2024

Digital Lending / Digital Payments

Mastercard and Noon Payments Launch Biometric Payment Service in UAE

Mastercard and noon Payments have joined forces to bring an innovative biometric payment service to the Middle East, marking a significant advancement in the region’s e-commerce landscape. This partnership aims to enhance the online shopping experience by introducing the Mastercard Payment Passkey Service, which leverages biometric authentication for secure, efficient transactions. The move is set to revolutionize payment systems in

October 22, 2024

Cloud

Microsoft Exec Sells Shares Amid Rising Cloud Competition and Costs

In a noteworthy move that has caught the attention of market analysts and investors alike, Microsoft Vice Chair and President Bradford L. Smith recently sold 40,000 shares at a price of $402.59 each. This sale has effectively reduced Smith’s ownership in the tech giant by 7%, equating to a transaction worth approximately $16.1 million. The timing of this sale is

October 21, 2024

Digital Wealth Management

Is the UK Wealth Management Sector Falling Behind on Alternative Investments?

The world of wealth management is undergoing significant transformation. As traditional investment strategies falter, there is a growing emphasis on private markets and alternative investments, a shift particularly pronounced in certain regions. The changes raise the question: Is the UK wealth management sector lagging behind in this crucial pivot? In the past, investment strategies have largely revolved around traditional methods,

October 21, 2024

Digital Lending / Digital Payments

Fime Unveils EMV C-8 Kernel to Streamline Contactless Payments

In a significant leap forward for the payments industry, Fime has launched the pioneering EMV® C-8 Contactless Kernel testing services. Designed to simplify the adoption of contactless payments, this new specification aims to eliminate costs and complexities typically associated with such systems. With enhancements in security and efficiency, this development impacts merchants, vendors, and solution providers, setting a new standard

October 21, 2024

Digital Lending / Digital Payments

Nordics Shift to Mobile Payments as Cash Use Dwindles Rapidly

The landscape of financial transactions is undergoing a dramatic transformation in the Nordic region, with mobile payments rapidly taking the lead while traditional cash usage fades into obscurity. An in-depth survey by Nets, part of Nexi Group, sheds light on this noteworthy trend and its implications for both consumers and merchants in Denmark, Sweden, Norway, and Finland. Dominance of Contactless

October 18, 2024

Digital Wealth Management

How Will Apex’s Acquisition of FinTron Impact Digital Investment?

A significant development in the fintech industry surfaced recently as Apex Fintech Solutions Inc. announced its acquisition of FinTron, a financial technology and design agency renowned for its advanced digital experiences crafted for investors and advisors. This acquisition marks a strategic initiative by Apex to enhance its digital investment solutions by incorporating FinTron’s customizable and intuitive technologies. This integration is

October 17, 2024

AI and ML

Can AI-Powered Personalization Transform B2B SaaS Sales?

The landscape of B2B sales is rapidly evolving, driven by the need for more efficient and engaging product demonstrations. Pepsales, an innovative AI-powered SaaS platform, is at the forefront of this transformation. With a recent $1.1 million pre-seed funding round led by Chiratae Ventures and contributions from various angel investors, Pepsales aims to revolutionize how B2B sales teams connect with

October 16, 2024

E-Commerce

Cashfree Payments Unveils Advanced UPI Switch with Enhanced Security

In a landmark development for digital payment solutions, Cashfree Payments has announced the launch and certification of their new UPI (Acquiring) Switch by the National Payments Corporation of India (NPCI). As one of India’s premier payments and API banking companies, this new UPI Switch promises substantial improvements in transaction success rates and customer experience, revolutionizing the landscape of online payments.

October 16, 2024

E-Commerce

Is the Revolut Terminal Set to Revolutionize Retail Payments?

The retail industry is on the brink of a significant transformation with the arrival of the Revolut Terminal, a new point-of-sale (POS) device introduced by the renowned global fintech company, Revolut. This launch is not only aimed at streamlining payment processes for retailers but also promises to redefine the customer checkout experience. As businesses gear up for the busy retail

October 16, 2024

Digital Wealth Management

How Will Coronation’s New Global Equity Fund Impact Investors?

Coronation Fund Managers have recently listed the Coronation Global Opportunities Equity Prescient Feeder Actively Managed Exchange Traded Fund (AMETF) on the Johannesburg Stock Exchange (JSE), marking a significant milestone for investors eyeing global markets. This ETF trades under the share code COGOE and offers on-market investors a unique opportunity to access a diversified portfolio managed by top global equity fund

October 16, 2024