In today’s digitally-driven world, payment gateways play a crucial role in facilitating secure and efficient online transactions. A payment gateway is a secure online service that connects the merchant’s website and/or point of sale system to the payment processor. It acts as a bridge between the customer’s card issuing bank and the merchant’s bank, ensuring seamless payment processing. Importance of
In today’s rapidly evolving financial landscape, embedded finance has emerged as a powerful tool for banks to unlock new revenue streams. By seamlessly integrating financial services into non-financial platforms, banks can tap into a vast customer base and offer convenient and tailored solutions. However, adopting an effective embedded finance strategy requires a comprehensive understanding of capabilities and a commitment to
BlackRock, the world’s largest asset manager, continues to make strategic investments in the financial technology sector. In its latest move, the company has joined the €30 million funding round of German fintech Upvest, aiming to leverage the growing trend of digital wealth management in Europe. By participating in Upvest’s funding round, BlackRock intends to attract more retail investors to the
In an effort to broaden the reach of digital payments, Hepsipay, the platform wallet introduced by Hepsiburada, has partnered with Visa, the global leader in digital payments. This strategic collaboration aims to empower Hepsipay users by enabling the global acceptance of their digital prepaid cards for both online and physical purchases. With Visa’s advanced security products and services and Hepsipay’s
The financial technology (FinTech) sector has witnessed significant growth in recent years, revolutionizing the way we make payments, transfer money, and conduct business transactions. Among the distinguished leaders in this sector are BLS E-Services, Razorpay, PayPal, Paytm, and PayU. These companies have earned their reputation by offering comprehensive solutions that cater to the diverse needs of both consumers and businesses.
Paystand, the fastest-growing blockchain-enabled B2B payments platform, has announced its integration with Microsoft Dynamics 365 Business Central. This integration aims to streamline accounts receivable automation for small and medium-sized businesses (SMBs) finance departments. By eliminating slow manual processes, reducing days sales outstanding (DSO), and speeding up time-to-cash without any fees, Paystand revolutionizes the way businesses handle their accounts receivable processes.
India-based Onsurity, an SME-focused, subscription-led employee healthcare benefits provider, has successfully raised $24m in a Series B funding round. The funding round, which saw participation from key investors including IFC, Nexus Venture Partners, and Quona Capital, reflects the growing demand for technology-driven solutions in the insurtech space. Diving into what Onsurity offers, the company is revolutionizing the InsurTech space by
QNB Group, a leading financial institution in the Middle East and Africa, has set the stage for a digital payments revolution with the introduction of the new QNB Payment Gateway. This locally established payment gateway is already making waves in Qatar’s financial landscape, positioning itself as the premier solution for modernizing and streamlining digital payments in e-commerce. Purpose and benefits
Visa, a leading global payments technology company, recently unveiled its ambitious $100 million Generative AI Ventures initiative. This strategic move aims to invest in companies focused on developing generative AI technologies and applications that have the potential to revolutionize the world of commerce and payments. By actively supporting the growth and innovation in this field, Visa seeks to stay at
In recent years, the world has witnessed the rapid development and adoption of artificial intelligence (AI) technologies. This transformative field has captured the attention of investors seeking to capitalize on its potential. In this comprehensive guide, we will delve into the world of AI investments, exploring the benefits, various investment options available, understanding AI stocks, AI Exchange-Traded Funds (ETFs), venture
India’s e-commerce payments landscape is experiencing significant growth, with a forecasted compound annual growth rate (CAGR) of 22.4% between 2023 and 2027, projected to reach INR 21.8 trillion in 2027. This article explores the factors contributing to this growth, including the impact of demonetization, the acceleration of digital payments during the pandemic, the popularity of alternative payment brands, and the
Emirates NBD, one of the leading banks in the Middle East, has taken a significant step towards digital banking and wealth management with the launch of ENBD X. This new digital wealth offering provides customers with a user-friendly platform to trade securities and exchange-traded funds (ETFs) on global equities. The initiative reflects the bank’s commitment to innovation and its mobile-first
