World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth – ACI Worldwide Report

Posted on by Staff Reporter | 10670 Views | 45 min read

95.0B real-time payments (RTP) transactions were recorded globally in 2022, a YoY growth of 63.2%, according to the 2023 Prime Time for Real-Time report from ACI Worldwide and GlobalData India remains the undisputed RTP leader — responsible for 46% of all transactions worldwide — followed by Brazil, China, Thailand and South Korea Governments and regulators around the world are taking steps to drive

Account-to-Account Payments Set to Revolutionize Shopping, with E-commerce Payments Reaching $525 Billion Globally: Worldpay from FIS 2023 Global Payments Report

Posted on by Staff Reporter | 29057 Views | 19 min read

Key facts: Emerging trend: Account-to-account payments continued to gain momentum in 2022 to account for US$525 billion in global e-commerce transaction value. Global forecast: Global e-commerce market is set to be worth nearly US$8.5 trillion in 2026. Shift in balance of U.S. payments: For the first time, digital wallets surpassed credit cards to become the leading payment method

Payment Platform as a Service Gives Acquirers Agility

Posted on by Staff Reporter | 18971 Views | 14 min read

Benefit from one integration and one portal for estate management. If you haven’t heard about Payment Platform as a Service (PPaaS) yet, you will. To stay relevant, acquirers need to find ways to keep up with merchant demands to meet evolving consumer behaviors. The growing number of digital-centric consumers expect consistent experiences across all channels. According to  PwC

How Banks Can Compete in an Evolving Payments World

Posted on by Staff Reporter | 49943 Views | 17 min read

The right strategy and the right partners help banks modernize offerings to commercial customers securely, compliantly – and more quickly than with internal development projects. Banks and businesses have a long history of partnership. Businesses rely on banks for essential needs, such as managing accounts, opening lines of credit, and offering payment options like ACH

Network International Reports Strong Strategic Progress, Delivering 24% Revenue Growth, Profit Up Over 40% y/y and Robust Cashflows in 2022

Posted on by Staff Reporter | 8478 Views | 19 min read

The company’s focus is on the SME segment, where it seeks to replicate its success in the UAE Network International Holdings Plc, preliminary financial results update Network International (Network) (https://www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East, today announced its preliminary financial results for the year ended 31 December 2022.

Truzo Becomes First and Only FCA-Approved Digital Escrow Service to Focus on Africa

Posted on by Staff Reporter | 10592 Views | 21 min read

Truzo’s UK digital escrow service enables African businesses to transact with trust, offering lower fees to help fight inflation Truzo, the first African-focused FCA-approved digital escrow service, officially launches in the UK this week. An established and fast-growing player in South Africa, Truzo now makes transactions between the UK and South Africa safer and more

Demand for Cash Automation Technology Rises as Retailers Seek Efficiency and Security

Posted on by Staff Reporter | 17117 Views | 12 min read

Investment in devices deployed both in the back office and at the point of sale is increasing, with more than 900,000 units installed globally at end-2022 Security concerns drive smart safe expansion RBR’s brand new study, Retail Cash Automation 2023, reveals that the number of back-office cash automation devices installed globally, including smart safes and

Clickatell Recognized as a Top Payments Innovator by the Mobile Ecosystem Forum (MEF)

Posted on by Staff Reporter | 13875 Views | 10 min read

MEF honored Clickatell and its Chat 2 Pay features as one of the most innovative mobile payment services showcasing usability and security  Clickatell (https://www.Clickatell.com), the Chat Commerce and mobile messaging leader, was named a top payments innovator by MEF at the MEFFYS Awards ceremony, an honorary event at this week’s Mobile World Congress in Barcelona.

CR2 Recognised as a Top Performer, Achieving “Technology Standout” Designation

Posted on by Staff Reporter | 7837 Views | 11 min read

CR2 recognised as a top performer and achieved “Technology Standout” designation in Celent ABC vendor view for Retail Digital Banking Platforms CR2 a global leader in digital banking and payments business has achieved the “Technology Standout” designation by Celent in their ABC Vendor View for “Retail Digital Banking Platform: International Edition”. This report set out

e& and Mastercard Partner to Drive an Ambitious Digital Future for Consumers in 16 Markets Across the Middle East, Asia and Africa

Posted on by Staff Reporter | 33365 Views | 15 min read

Mastercard’s technology solutions and digital payment expertise will help revolutionize payments, loyalty and personalization as e& transforms its consumer offerings e& accelerates ambitions to enhance e& international’s consumers’ digital journey and maintain robust digital leadership by providing innovative financial services e& has announced a strategic partnership with Mastercard that will see consumers and businesses in