In a momentous leap toward securing digital payment systems, the Reserve Bank of India (RBI) has inaugurated the Digital Payments Intelligence Platform, a dedicated framework tailored to monitor and mitigate the surge in online payment fraud. As the digital domain becomes increasingly intertwined
The financial world stands on the brink of a transformative leap with Mastercard's Regulated Settlement Network (RSN). Spearheaded by Mastercard in collaboration with heavyweight U.S. banks and financial powers like Citi, JPMorgan, Swift, TD Bank, and Visa, this initiative signifies a decisive move
In a remarkable development that underscores the evolution of financial technology, Paystand has announced its acquisition of Teampay. This strategic move not only propels Paystand closer to its ambition of creating a comprehensive decentralized finance (DeFi) payment network, but it also marks a
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
Amidst a technological revolution in finance, banking behemoth Black Banx from Toronto is spearheading the shift to digital banking, catering to the rapidly evolving demands of today's consumers. This innovative digital bank goes beyond mere adaptation; it is an industry trailblazer in delivering a
