In a stunning revelation of financial prospects, Global Payments Inc. has indicated an exceptionally positive forecast for the fiscal year 2024, confidently exceeding analysts' predictions. The company has projected an adjusted profit range of $11.54 to $11.70 per share, a figure that surpasses the
Instant Payments on the Rise Expanding Market Projections A startling surge in the instant payments market is on the horizon, with Juniper Research forecasting growth from $22 trillion in 2024 to an astonishing $58 trillion by 2028. This marks a 161% expansion driven largely by consumer and
In a world where technology evolves at breakneck speed, the banking sector has embarked on a transformative journey, redefining the essence of financial services. The days of traditional banking—with its brick-and-mortar branches and paper-based transactions—are being eclipsed by a tech-driven era
The Bank of Jordan (BOJ) is taking a significant leap into the realm of fintech with the milestone launch of its latest core banking system, ICBS G5. Rooted in a rich banking heritage, BOJ astutely aligns its legacy with the forward momentum of today's ever-evolving technological advancements. This
BMO has made significant strides in digital banking by integrating Dynatrace’s AI technology. The Technology, Resiliency, and Experience Operations (TREO) unit now uses the Dynatrace platform, including its Grail data lakehouse and Davis AI technology, to gain sharp insights into system operations.
Standard Chartered is taking a significant leap in digital banking by launching its Open Banking Marketplace. This innovative platform provides over 100 API products to industries like manufacturing, fintech, and e-commerce across 33 international markets. The marketplace originated from the bank's
