As digital transactions continue to gain widespread popularity, some traditional payment methods are being gradually replaced by modern alternatives. To keep pace with this evolving landscape, Australia is embarking on an ambitious journey of phasing out checks by 2030. This strategic move is expected to have profound effects on various aspects of the country’s payments ecosystem.
The Revised Payment Service Directive (PSD2) was introduced by the Council of the European Union in 2015 to drive innovation and adapt banking services to new technologies. Ever since its launch and especially after its major update in 2019, experts have been closely monitoring the directive’s performance.
In the fast-paced world of digital transactions, real-time payment fraud has become a pressing global issue. What’s more, scams and dishonest activity are getting more and more sophisticated each year, impacting even the most cautious individuals and organizations worldwide.
The gaming industry has experienced explosive growth worldwide, captivating audiences of all ages and backgrounds, with the Latin American region being one of the most prominent examples. In this article, we delve into the peculiarities of this flourishing market and shed light on the payment preferences and habits of its gaming enthusiasts.
In today’s rapidly evolving digital landscape, few companies have had a more profound impact than Amazon. While it is mainly known as a global eСommerce giant, Amazon’s influence extends far beyond online shopping, reaching into such sectors as cloud computing, video streaming, and smart home devices.
While the EU is home to many developed economies, there are still significant disparities in access to financial services across member states. In fact, a considerable portion of the population is facing barriers to such basic financial services as bank accounts, credit, and insurance. Fortunately, the current landscape is set to transform as the concept of open banking gains momentum.
We live in a time when the fintech sphere is evolving at an unprecedented pace, powered by technological progress and growing interoperability between businesses, financial institutions, and digital platforms. In this ever-changing environment, countries like Belgium, Spain, and Japan have emerged as key players, each with its own distinctive fintech landscape and approach to innovation.
The United Arab Emirates (UAE) has experienced a remarkable surge in eCommerce in recent years, driven by factors like technological advancements, changing consumer behavior, and a thriving digital infrastructure. As online shopping continues to dominate the country’s retail landscape, local payment trends are also evolving to keep pace with the industry shifts.
In today’s fast-paced and digitally-driven world, consumers’ expectations are evolving at an unprecedented rate across a variety of spheres. Even financial institutions (FIs) face the pressing challenge of matching the shifting needs of their clients to remain competitive in the market as technology continues to advance.
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