Blog: Global — Page 9
Recent blog posts

Global
The Complete Guide to the Pan-African Payment & Settlement System (PAPSS)
The African continental market boasts a collective GDP of approximately $3.4 trillion and a population of over 1.3 billion people. Yet, it also features only 18% of intra-regional trade transactions, which is the lowest index in the global arena, presenting a stark contrast to Europe’s 70% and Asia’s 59%.
22.11.2023
4 min

Global
How Will Commerce and Payments Change by 2030?
The pace of the evolution of commerce has exceeded the expectations of most experts and industry observers from a few decades ago. Think about it: the first POS terminal was developed in 1973, and already today, traditional and digital payment channels intersect, transactions are processed in real time, and it’s enough for a merchant to have a smartphone to facilitate purchases.
21.11.2023
5 min

Global
Top Retail Trends Merchants Can’t Ignore in 2024 & Beyond
The retail sphere has been experiencing drastic changes over the past years, following the global pandemic. What’s more, this sector is generally never stagnant, as it evolves alongside technological progress and consumer needs. Thus, for merchants to ensure their business remains successful in the long run, it is crucial to keep up with the latest trends and continuously adapt their operations.
14.11.2023
6 min

Global
An Investor’s Guide to Fintech: Opportunities & Challenges Explained
Fintechs are actively revolutionizing the traditional financial services landscape by developing innovative solutions in response to evolving consumer and business needs. One of the most prominent examples of the transformations they are driving is the digital payments sphere, which is rapidly embracing AI & ML, blockchain, and the idea of cashless societies.
14.11.2023
5 min

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.
08.11.2023
4 min

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.
08.11.2023
4 min

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.
07.11.2023
4 min

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).
17.10.2023
7 min

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.
11.10.2023
5 min

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.
10.08.2023
5 min

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).
10.08.2023
5 min

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.
10.08.2023
6 min








