New data from The Global Payments Report 2023 by Worldpay from FIS reveals rapid changes in how consumers in the United Arab Emirates (UAE) are paying for goods and services. For some time, the UAE has been one of the most dynamic markets in the Middle East, with a strong preference for mobile e-commerce and […]
RTP and BNPL take centre stage as e-commerce rises Read More »
The UK’s fraud reporting agency, Action Fraud, says cryptocurrency fraud has surpassed £300 million in 2022, an increase of more than 40%. Law firms said the data, provided by Action Fraud, reflected the scale of cyber crime and the high-profile collapse of crypto exchange FTX last year that triggered a wave of losses among retail
UK cryptocurrency fraud has surpassed £300 million in 2022 Read More »
Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And although technology has simplified cross-border payments over the years, Bhairav Trivedi, CEO at U.K.-based Crown Agents Bank (CAB), says not all markets have fully tapped into the power of innovation.
How a 190-Year-Old UK Bank Is Reimagining Payments Read More »
Salsa has raised $10 million to help software platforms embed payroll features inside their own products. By embedding Salsa’s application programming interfaces (APIs) in their platforms, developers can enable businesses to handle payroll within the same software platform they use to manage their business and employees every day, Salsa said in a Wednesday (May 10) press release. “The
Salsa Raises $10 Million to Help Platforms Embed Payroll Features Read More »
