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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure. Real-time payments are imperative for running successful operations in today’s global ecosystem.

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Small Businesses Making Big Mistake By Going Cash-Only, Report Finds

PYMNTS

Small businesses that ignore next-generation payments technologies like invisible payments or cryptocurrencies are losing out big time, but new research suggests that tens of thousands of dollars are lost by SMEs because they aren’t even accepting cards. Analysis from Expert Market found that some small businesses in the U.K.

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Today In Data: Providers Push For Enhanced mPOS Features

PYMNTS

Financial technology providers are partnering up to offer expanded mPOS capabilities to merchants, which are looking for tools to avoid long checkout lines. billion: The value that the global mPOS market is expected to reach by 2025. $31 In addition, tens of billions of dollars in the U.S.

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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

PYMNTS

MoMo reportedly intends to use the funds to bankroll plans to become a “super app” as well as to go public in 2025. Financial technology has become a quickly expanding vertical in the country of almost 100 million, with the COVID-19 health crisis having moved shopping activity online and left consumers seeking contactless payment choices.

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Prometeia again in the top 75 of the IDC FinTech Rankings

Bobsguide

We are honored to have been once again recognized among the top technology vendors for financial institutions in this prestigious ranking,” says Angelo Tantazzi, Chairman at Prometeia. “We To view the list in its entirety, please visit here: [link]. “We

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Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore eBank Licenses

PYMNTS

Both Ant Financial and gaming company Razer recently applied for digital banking licenses in Singapore, where five such licenses are currently up for bid, to be awarded in mid-2020. Southeast Asia’s digital lending market is anticipated to top $110 billion by 2025 — over four times what it is worth now.

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GFT Advances in 2022 IDC FinTech Rankings

Bobsguide

Banks are depending on the cloud to build better systems for the future, but legacy technology is holding 62% of them back. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

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