Investing Archives | Page 78 of 101

Digital Lending / Digital Payments

Payabl. Partners with GonnaOrder to Revolutionize Payment Systems in the Hospitality Industry

In a strategic move aimed at transforming the payment landscape in the hospitality industry, Payabl., one of Europe’s leading PayTech companies, has announced its partnership with GonnaOrder, a global online ordering platform specializing in the hospitality sector. This collaboration marks a significant milestone as Payabl. extends its cutting-edge payment services to GonnaOrder while simultaneously offering GonnaOrder’s extensive network of merchants

November 16, 2023

Digital Lending / Digital Payments

Mastercard and NEC Corporation to Revolutionize In-Store Payments with Facial Recognition Technology in the Asia Pacific Region

Mastercard, a global leader in payment solutions, has joined forces with NEC Corporation, a renowned technology provider, to drive the adoption of facial recognition technology for in-store payments across the Asia Pacific region. This collaboration aims to combine NEC’s cutting-edge face recognition and liveness verification technology with Mastercard’s expertise in payment enablement and user experience, shaping the future of secure

November 16, 2023

Digital Lending / Digital Payments

Irish Banks Abandon Plans for Mobile Payments App Amidst Regulatory Hurdles and Evolving Landscape

Irish banks have made the difficult decision to abandon their plans of launching a mobile payments app as they faced regulatory holdups and a rapidly changing payments landscape. The app, named Yippay, was being developed by Synch on behalf of AIB, Bank of Ireland, and Permanent TSB, with the aim of competing against popular fintech companies like Revolut. Goals of

November 16, 2023

Data Centres and Virtualization

Adani Enterprises to Invest $1.5 Billion in Data Center Business Expansion

Adani Enterprises, the flagship company of billionaire Gautam Adani, is set to make a significant investment in its data center business. With plans to spend around $1.5 billion over the next three years, Adani Enterprises aims to bolster its position in the rapidly growing data center market. Annual capital expenditure The annual capital expenditure for Adani Enterprises’ data center business

November 16, 2023

E-Commerce

Nuvei Corporation Expands its Reach: Integrates Poland’s Prime Mobile Payment Method, BLIK

In today’s fast-paced digital world, Alternative Payment Methods (APMs) have gained significant traction, allowing consumers to make purchases conveniently and securely. Recognizing the importance of catering to evolving consumer preferences, Nuvei Corporation, a Canadian FinTech company, has introduced direct connectivity to BLIK, Poland’s prominent mobile payment method. This strategic move aims to enhance the eCommerce landscape by offering seamless and

November 15, 2023

Embedded Finance

Embedded Banking in Europe: A Booming Trend Expected to Drive Revenue Growth

Embedded banking, the integration of banking services into the offerings of non-financial businesses, is set to take off in Europe over the next three years. Despite only seven percent of large European companies currently offering such services, a recent study suggests that 48 percent of these businesses plan to adopt embedded banking technology. This article explores the growth of embedded

November 15, 2023

Payroll

Financial Disparity Across Generations: A Comparative Analysis between the US and UK

The economic situation for millennials in the UK continues to be a cause for concern. Despite being a generation known for their ambition and drive, their earning potential and disposable income are no better than those of the previous generation at the same age. This lack of progress highlights the urgent need to restart meaningful growth in the UK economy.

November 15, 2023

E-Commerce

Decoding Payment Gateways: Their Role, Importance, and Selection for E-commerce Success

In the ever-evolving world of e-commerce, payment gateways play a pivotal role in facilitating secure and efficient online transactions. Acting as a bridge between customers, merchants, and financial institutions, these technological marvels enable the seamless transfer of funds while ensuring the safety of customer data. In this article, we will delve into the definition and process of payment gateways, explore

November 13, 2023

Payroll

Economic Challenges Persist for UK Millennials as Pay Stagnates and Homeownership Rates Decline

As millennials in the UK and the US continue to navigate the complex and ever-evolving economic landscape, it has become increasingly evident that the younger generation is facing significant hurdles in achieving financial stability and prosperity. While the situation for millennials in both countries may not be entirely identical, a comparison reveals a stark disparity in economic outcomes. This article

November 13, 2023

Robotic Process Automation In Fintech

NatWest Collaborates with IBM to Enhance Chatbot Cora Using Generative AI

NatWest, a leading UK bank, has partnered with IBM to leverage the power of generative artificial intelligence (AI) in their chatbot, Cora. This collaboration aims to further enhance the functionality of Cora, now known as Cora+, providing an improved client experience and simplifying the development of virtual assistants in the future. Previous collaboration between IBM and NatWest IBM and NatWest

November 13, 2023

Digital Lending / Digital Payments

Europe Agrees on New Rules for Instant Payments, Boosting Accessibility and Efficiency

Governance bodies in Europe have recently reached a consensus on new rules aimed at increasing the availability of instant payment services for customers and businesses across the continent. These rules, agreed upon by the European Council and the European Parliament, will enable banks, payment service providers (PSPs), e-money institutions (EMIs), and payment institutions (PIs) to offer instant payments alongside standard

November 10, 2023

Robotic Process Automation In Fintech

Shaping the Future of Wealth Management: An Inside Look at Era, the AI-powered Platform by Tech Veterans

Technology veterans with experience at Stripe and Square have garnered significant attention and secured $3.1 million in funding for their innovative AI-powered wealth management platform. This new platform, called Era, aims to bridge the gap between financial access and ambition by utilizing artificial intelligence to personalize wealth management advice and streamline financial tasks. Era’s AI-powered wealth management approach Era distinguishes

November 10, 2023