Tag Archives: Payments

Telecom companies and banks benefit from cooperation in the field of mobile finance, especially in regard to transfers and payments. In Kazakhstan, mobile finance is only at the beginning of …

Representatives from Business Insider, Dankse Bank, Erste Group Bank AG, Paypal, Frontier Economics and UniCredit Group discuss how bigtech companies’ roles in finance is likely to evolve in the coming …

In this excerpt from a panel on mass automation, three CEOs discuss the impact of digital companies’ actions on the financial industry and what it means for traditional players. BFC …

With a lower-than-ever-before barrier to entry, bigtechs are starting to see the financial sector as a highly-profitable way to expand their businesses and give consumers even more. In fact, there …

Innovative FinTech companies are set to change payment processing for B2B transactions, especially as an increasing number of financial services are moved to cloud-based models that facilitate easier access to …

Despite convenience, speed and a better general experience, alternative payment methods (APMs) are relatively uncommon in the world of business-to-business (B2B) transactions due to B2B transactions having more complex workflows …

B2B FinTech companies don’t often get the recognition of their B2C cousins; however, they play a key role in the future of financial services and deserve some acknowledgment. That being …

Amadeus (a Madrid-based travel reservations provider) is teaming with Mastercard and Elavon (the payments unit of U.S. Bancorp) to launch a B2B payments plan with Thai Airways and Sweden’s Select …

FinTech startup SmartPay has launched a financial inclusion wallet in Vietnam, targeting 25 million unbanked/underbanked consumers and 6 million small- and medium-sized merchants. SmartPay ensures a better payment and finance …

The platform-based business model has taken hold in the digital economy, and the concept is quickly spreading to banking and financial services. This has resulted in companies springing up to …

A new online platform (ISMET.kz) represents the next step for what a marketplace can offer businesses in Kazakhstan. Created by Kazakhtelecom JSC, it is the first B2B site in the …

As is the case around the world, business-to-business (B2B) payment solutions in Russia are lagging behind business-to-consumer (B2C) solutions. In fact, B2B transfers are still a relatively painful process in …

Sberbank has announced a new service for corporate clients that will guarantee the fulfillment of a supplier’s obligations or give a full refund. The service also works in the other …

Participants at the Visa Everywhere Initiative competition presented their innovative solutions designed to help solve local market challenges and create new products and services in the field of financial technologies. …

E-Commerce and FinTech Hackathon 2019, organized by KG Labs and financially-supported by GIZ’s Trade Facilitation in Central Asia project and Interbank Processing Center, was held June 14-16, 2019 in Bishkek, …

FinTechs are leading the charge in using advancements in technology to fundamentally change the landscapes of e-commerce, payment networks, online lending, money transfers, business-to-business (B2B) payments, personal finance and banking. …

Visa’s first distributed ledger-based payment solution has been announced and will allow businesses more opportunities to thrive on a global level. Five banking areas most likely to be affected by …

In January 2018, the United Kingdom (UK) launched open banking to improve the way finances in the UK are managed, borrowed, saved and invested. Now, more than one year on, …

A recent survey of the Polish banking sector concerning the Second Payment Services Directive (PSD2) of the European Union (EU) was published by KPMG. Specifically, the survey found that Polish …

FinTech players and challenger banks are at the forefront of capturing the millennial market as 8 in 10 millennials now state that they are ready to switch from using banks …