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Blog: Global — Page 9

Recent blog posts

Visa’s New Investment Project: Promoting Generative AI in Payments & Commerce
Global

Visa’s New Investment Project: Promoting Generative AI in Payments & Commerce

Over the past years, we have witnessed the term “generative AI” quickly become a buzzword. Artificial intelligence is now being actively integrated into virtually every sphere of life, with commerce and payments being no exception. From chatbots and fraud detection to personalized marketing and dynamic pricing, businesses are sure to continue opting for AI-based solutions.

4 min
A Closer Look at the Pan-European FPAD Initiative Against Instant Payment Fraud
Global

A Closer Look at the Pan-European FPAD Initiative Against Instant Payment Fraud

The modern age is marked by payment technology evolution that is happening at an unmatched pace. However, while A2A transfers and instant payments are flourishing, so does the fraudulent activity. This is due to the fact that while the speed of such payment systems makes them convenient for the users, it also often means that the transactions are challenging to detect and reverse.

4 min
What Are the Main Forces Shaping the Future of Cross-Border Payments?
Global

What Are the Main Forces Shaping the Future of Cross-Border Payments?

Historically, different currencies have played decisive roles in making international trade possible. What’s more, cross-border payments have been undergoing substantial transformations throughout the years, driven by innovations and shifting market demands. Even today, major shifts are still ongoing in response to global events, revolutionary technology, and dynamics in the global economy.

4 min
APAC Retail: A Detailed Overview of Modern Challenges & Opportunities
Global

APAC Retail: A Detailed Overview of Modern Challenges & Opportunities

Over the course of the past decade, the retail sector has been facing plenty of challenges, from supply chain bottlenecks to surging inflation. Besides, as living costs rise, consumers become more cost-conscious, demand more value for money, and seek to be rewarded for their loyalty to brands. This situation is true for many locations across the globe, including the Asia-Pacific (APAC).

7 min
Australian eCommerce: Key Trends and Considerations for Retailers
Global

Australian eCommerce: Key Trends and Considerations for Retailers

The Australian eCommerce sector has been actively growing over the past few years, transforming the country’s retail landscape. In fact, the share of online sales in the local market is estimated to reach an impressive year-on-year growth rate of 16.8% in 2023. While this shift is advantageous in many ways, it also comes with some challenges for domestic brands.

5 min
How Can New Zealand Prepare for a Next-Gen National Payments Scheme?
Global

How Can New Zealand Prepare for a Next-Gen National Payments Scheme?

Countries around the world are actively upgrading their national payment schemes to keep pace with technological progress, evolving consumer expectations, and advancing business needs. For instance, the UK, Singapore, and China are at the forefront of implementing novel fintech solutions, including real-time payments (RTP), mobile transactions, QR codes, machine learning-based tools, and beyond.

5 min
RTP Adoption in Europe Is Set to Rise - Is It Beneficial for Merchants?
Global

RTP Adoption in Europe Is Set to Rise - Is It Beneficial for Merchants?

According to the latest statistics, internet usage among European residents aged 16 to 74 has reached 90%. Notably, 74% of individuals shop online regularly, yet only 14% have experience using instant payments. While these figures reflect an ongoing digitization trend, they also highlight the fact that Europe has yet to unlock the full potential of real-time payments (RTPs).

5 min
How Did Alipay and WeChat Pay Unlock New Benefits for Foreign Users?
Global

How Did Alipay and WeChat Pay Unlock New Benefits for Foreign Users?

Starting last week, foreigners were enabled to link their international cards to WeChat Pay and Alipay, China’s two dominant payment apps. This is big news for anyone planning to visit the Middle Kingdom, as it allows tourists to conduct cashless transactions as conveniently and seamlessly as locals do.

6 min
What to Expect from the UK’s Plan to Set Up a Digital Securities Sandbox?
Global

What to Expect from the UK’s Plan to Set Up a Digital Securities Sandbox?

At the beginning of July 2023, the UK government opened a consultation on the introduction of a Digital Securities Sandbox (DSS), which marks a significant step toward promoting financial innovation and embracing the potential of digital assets in the local market.

5 min
Canada’s Real-Time Rail Launch Is Delayed: What’s Stalling the Project?
Global

Canada’s Real-Time Rail Launch Is Delayed: What’s Stalling the Project?

Payments Canada, an organization responsible for Canada’s payment clearing and settlement infrastructure, has recently announced yet another delay in the launch of the Real-Time Rail (RTR) system. As the project’s revised launch date awaits confirmation, it is only natural to wonder what is pushing back its release.

5 min
What Does Decreasing Cash Use Mean for the Mexican Payments Landscape?
Global

What Does Decreasing Cash Use Mean for the Mexican Payments Landscape?

Cashless payments have gained significant momentum, modernizing global finance and changing the way individuals and businesses handle day-to-day transactions. Mexico, a country known for its vibrant economy, flourishing commerce, and rapidly growing tech industry, is one prominent example of how declining cash usage can completely transform the local payments landscape.

6 min
A Comprehensive Guide to the EU’s Latest PSD3, PSR & FIDA Proposals
Global

A Comprehensive Guide to the EU’s Latest PSD3, PSR & FIDA Proposals

On June 28, 2023, the European Commission released a series of new legislative proposals for some of the most fundamental regulations related to payments and financial services, including the revised Payment Services Directive (PSD3), the Payment Services Regulation (PSR), and the Financial Data Access (FIDA) framework.

6 min
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