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Where Are Contactless Payments Heading?

Sun, 25 Aug 2024 10:22:46 +0300

We all remember 2020 when the pandemic threat made contactless the new black. The fewer objects you touch, the less risk of infection. The payments industry was one of the most impacted sectors since cash was listed among the main virus transmitters. However, the world has rebounded from the Covid narratives and most economic sectors […]

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Revenew Raises $4.55 Million

Sun, 25 Aug 2024 09:14:16 +0300

Revenew announced that it has raised $4.55 million in venture capital. The mentioned company provides an all-in-one solution that helps virtual platforms and marketplaces manage their payment transactions, optimize margins, and streamline financial operations. The relevant information was published on the Revenew’s website. As part of the solution offered by the company, businesses can get […]

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Revolut Expands Business Payment Gateway

Sat, 24 Aug 2024 08:07:38 +0300

The Revolut Business Payment Gateway can now be integrated with BigCommerce. The mentioned information was made public on Revolut’s LinkedIn account on Friday, August 23rd. It is worth noting that last week this company announced that integration will simplify the procedure of processing payment transactions by online companies. Revolut also noted that the integration will […]

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Sony Develops Its Own Blockchain

Sat, 24 Aug 2024 00:18:01 +0300

Soneium blockchain by Sony will be potentially able to interact with Web3 games, NFT marketplaces, and entertainment-related services in compatible apps. Sony Block Solutions Labs, a part of Sony Group, has developed a blockchain called “Soneium” and plans to open it to the public, adding new value to the various businesses and IPs developed by […]

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US New Home Sales Demonstrate Growth

Fri, 23 Aug 2024 23:18:40 +0300

In the United States, there was an increase in sales of new homes last month. The mentioned result is largely related to the drop in mortgage rates. Also, the July data are evidence that the real estate market in the United States is currently on a recovery trajectory. Last month, new home sales in the […]

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Microsoft to Host Cybersecurity Summit in September

Fri, 23 Aug 2024 22:59:52 +0300

Microsoft announced on Friday, August 23, that it will hold a cybersecurity summit next month. It is worth noting that the mentioned event is not what can be called the implementation of a long-term intention associated with prolonged reflection on the global topic of ensuring the protection of users and functional systems in the virtual […]

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Bank of England Governor to Say About Possible Need for More Long-Term Restrictive Policy

Fri, 23 Aug 2024 22:09:06 +0300

The media reports that Bank of England Governor Andrew Bailey, as part of his Friday speech, will make a positive statement about the progress that the United Kingdom has been able to achieve in implementing measures and taking actions aimed at countering the inflationary process, but at the same time will note that restrictive monetary […]

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Jerome Powell Indicates Interest Rate Cuts Ahead

Fri, 23 Aug 2024 20:05:09 +0300

Federal Reserve Chairman Jerome Powell on Friday, August 23, formulated what can be called a rhetorical and, in a sense, the ideological semantic platform for easing monetary policy in the United States, which means that the moment is approaching when the financial regulator of this country will decide on cutting interest rates. At the same […]

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Yellow Card & Fireblocks to Streamline Cross-Border Payments in Africa

Fri, 23 Aug 2024 19:02:08 +0300

Pan-African fintech and stablecoin platform Yellow Card integrates Fireblocks wallet to improve cross-border transactions for both businesses and individuals in Africa. Digital asset provider Fireblocks has launched support for Yellow Card, Africa’s leading stablecoin on/off ramp. This will help the crypto company to improve cross-border transactions for individual and institutional clients. Seeking to remove obstacles […]

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PhonePe Enables Consumers to Link Credit Lines to UPI

Fri, 23 Aug 2024 18:28:53 +0300

Indian fintech PhonePe grabs the opportunity provided by RBI and offers its customers an ability to link pre-approved credit line to UPI apps. PhonePe introduced the ‘Credit Line on UPI’ feature on August 22. The new service allows users to make payments on their pre-approved credit lines more flexibly and efficiently. The feature is enabled […]

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What to Do If You Lose a Tooth: First Aid

Fri, 23 Aug 2024 18:07:09 +0300

A permanent tooth can fall out for various reasons: trauma, gum disease, chewing hard food, etc. The situation is stressful but not hopeless. There is even a glimmer of hope — if you manage to get an emergency appointment with a dentist within an hour of the incident, you might still save the tooth or […]

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Beyond Numbers: How Accounting Services Can Help Your Business Grow

Fri, 23 Aug 2024 18:03:00 +0300

Accounting is often perceived as a necessary but mundane aspect of running a business, primarily focused on recording transactions and ensuring compliance with tax regulations. However, the true potential of accounting services extends far beyond mere number crunching. In today’s competitive business landscape, accounting services have evolved into a strategic tool that can drive growth, […]

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Saudi Arabia Focuses on Domestic Investment

Fri, 23 Aug 2024 17:28:38 +0300

Saudi Arabia as a state system is currently moving forward in the context of the economic aspect of its existence, being on an upward trajectory and paying a high level of attention to domestic investments. At the same time, Riyadh is gradually tightening the requirements for foreigners who come to the kingdom to take capital […]

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Why Sun Protection Should Be a Priority in Your Farming Equipment

Fri, 23 Aug 2024 17:00:45 +0300

Ever feel like you’re working in the field to bake? You’re not alone. Farmers are better aware than anybody how unmerciful the sun can be, particularly on those extremely long summer days when there is no shade in sight. But it’s not only for comfort’s sake; it’s for your health and the lifespan of your […]

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Meta Shares Demonstrate Growth Due to AI

Thu, 22 Aug 2024 23:56:10 +0300

Currently, virtually all technology giants are somehow involved in the so-called artificial intelligence race, which requires significant costs, and at the same time all such companies strive to continue to be interesting from the point of view of investor priorities, which not everyone can combine, but Meta Platforms Inc. has succeeded significantly in this direction. […]

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Walmart Sells JD.com Shares

Thu, 22 Aug 2024 23:42:55 +0300

Walmart has sold its entire stake in Chinese e-commerce giant JD.com. The mentioned decision is contained in a securities filing published this week. The sale of shares in the e-commerce giant is because Walmart has recently been paying more attention to the retail sector of the Chinese market, which is one of the largest in […]

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Mitek Expands Partnership With Alogent

Thu, 22 Aug 2024 23:22:22 +0300

Mitek, which specializes in carrying out activities in the area of developing fraud prevention tools, announced the expansion of its partnership with the Alogent payment processor. The press release, which was published last Wednesday, August 21, notes that as part of the mentioned cooperation, the payment system integrates the Mitek Check Fraud Defender (CFD) program. […]

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Blockchain Startup Story Secures $80 Million

Thu, 22 Aug 2024 22:48:57 +0300

Blockchain startup Story has announced that it has raised $80 million in investment funds as part of a Series B funding round. The mentioned startup, which is based in San Francisco, released information about receiving funding on its account on the social media platform X, formerly known as Twitter, last Wednesday, August 21. The company […]

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Swiss National Bank and SIX Roll Out Instant Payments Solution

Thu, 22 Aug 2024 21:21:13 +0300

The Swiss National Bank and SIX Interbank Clearing announced the launch of a new solution for instant payments. The mentioned functional offer for consumers of financial services provides 60 lenders with the opportunity to receive and process instant payment transactions. The relevant information is contained in the press release of the Swiss National Bank, which […]

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Skyfire Launches AI Agents for Autonomous Payments

Thu, 22 Aug 2024 17:58:05 +0300

The system offered by Skyfire combines the benefits of AI-powered virtual assistance with autonomous payments on the customer’s behalf. Blockchain and AI-focused startup Skyfire created a payment network with multiple safeguards for AI agents to make autonomous transactions. The company raised $8.5 million in seed funding from Neuberger Berman, Inception Capital, Arrington Capital, and other […]

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