PayRetailers, a leading payment processor operating in Latin America and Africa, has introduced an advanced Pix payment solution designed to assist Brazilian sports betting operators in adhering to new regulations set to take effect on January 1, 2025. Pix, an instant payment system developed by Brazil’s Central Bank, has significantly transformed the way transactions are conducted in the country, boasting
Sora Ventures, a prominent blockchain investment firm, has launched a significant $150 million fund aimed at promoting Bitcoin treasury strategies among publicly listed companies across several Asian countries. Key regional targets for this innovative initiative include Japan, Hong Kong, Thailand, Taiwan, and South Korea. This approach is largely inspired by MicroStrategy, a U.S.-based business intelligence firm known for successfully utilizing
The recent launch of AgentFun.AI on Cronos zkEVM signifies a transformative moment in the tech world, marking the debut of the first decentralized application within the Cronos ecosystem dedicated to artificial intelligence (AI) agents. This platform offers users the extraordinary opportunity to create, trade, and develop personalized AI agents that not only interact with users on the blockchain but also
In the dynamic world of e-commerce, Reserva, a prominent leader in Brazil’s innovative fashion retail sector, has recently embarked on a transformative journey that has significantly boosted its growth trajectory. Partnering with Yuno, a premier payment orchestrator, Reserva achieved sustainable growth by enhancing its purchase conversion rate by four percentage points and improving various aspects of its operations, including efficiency,
In a move poised to shake up the budget gaming market, Intel has announced the launch of its new Battlemage series of discrete graphics cards, the Intel Arc B580 and Intel Arc B570. These newly unveiled GPUs are designed to cater specifically to budget-conscious gamers seeking high-performance 1440p gaming solutions without the hefty price tag. Boasting advanced specifications and competitive
The insurtech company Jove has recently made headlines by securing £3.6 million in a seed funding round, aiming to revolutionize contractor insurance with advanced solutions tailored for contractors and small businesses. The seed round was spearheaded by Explorer Investments and included support from various prominent venture capital firms like Seed X, Love Ventures, Portfolio Ventures, New Alpha Asset Management, Exceptional
A pivotal partnership between Network International and Gate To Pay has been announced to enhance digital payments in Jordan, targeting the creation of a financially inclusive and digitally advanced economy. Unveiled at the MENA ICT event, this collaboration aims to offer secure and accessible digital payment options for both businesses and consumers, marking a significant stride in transforming Jordan’s payment
Bitcoin’s evolution from an obscure digital asset in 2009 to its current status as the world’s foremost cryptocurrency has been nothing short of remarkable. With its price trajectory heading towards the $100K milestone, a range of influential factors have driven this surge. This article delves into the multifaceted drivers behind Bitcoin’s journey, highlighting market trends, technical advancements, global adoption, and
The recent plunge in Bitcoin prices below the $95,000 mark has sent shockwaves across the cryptocurrency market, reminiscent of the notorious "Thanksgiving Massacre" of 2020, when Bitcoin experienced a dramatic 17% drop. Despite a brief rebound to $95,500, Bitcoin’s price remained weak, standing at $96,972 at the time of writing. This fluctuation has reignited debates among analysts and investors about
Imagine a future where financial tools are seamlessly integrated into daily activities, unlocking unprecedented opportunities for Africa’s informal and formal sectors alike. This scenario is steadily materializing with the advent of embedded finance, a revolutionary approach slated to redefine the continent’s financial ecosystem by 2025. Central to this transformation are increasing mobile penetration and the rise of the digital economy,
In an age where digital payments are becoming increasingly prevalent, the role of physical cash in the global economy is being questioned. Despite the convenience and efficiency of cashless transactions, there are compelling arguments for the continued use of paper money. This article explores the various facets of this debate, highlighting the potential risks and benefits associated with a cashless
The intersection of embedded finance and the FCA’s Consumer Duty is set to redefine the landscape of consumer finance, requiring firms to ensure that financial products and services marketed and sold drive quality outcomes for consumers. This regulatory shift, effective from July 31, 2023, aims to uphold quality consumer outcomes by establishing a standard that mandates financial products and services
