July 07, 2023
Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
DBS has launched a digital yuan (e-CNY) merchant collection solution and completed its first e-CNY transaction for a client. The Singapore-headquartered financial services group’s DBS China can now help its corporate...
July 06, 2023
NY Fed: Digital Dollar Could Improve Cross-Border Payments
The New York Federal Reserve said a digital dollar could improve cross-border and domestic payments. That’s according to the results of a test by the Fed’s New York Innovation Center (NYIC) that examined...
July 06, 2023
Revolut Launches Instant Cash Back Rewards in US
Revolut has launched a new in-app feature in the United States that provides instant cash back rewards. The financial app’s new Shops feature provides up to 3% instant cash back rewards at participating...
July 06, 2023
BP Joins the Race to Create and Scale a Digital...
Fuel is at the center of the ecosystems that are changing fleet management, and by extension, logistics. In just one of the latest examples, BP began its digital payments solution launch at the end...
July 06, 2023
Moneyhub and MX Partner to Provide Open Banking Solutions Around...
Moneyhub and MX Technologies have announced a strategic partnership to leverage each company’s capabilities and networks to promote open finance for organizations and consumers in Europe and North America. Moneyhub is a data and...
July 06, 2023
Venture Spending Drops by Almost Half in US
Times are tough for early-stage startups, suffering a drastic drop in venture capital spending. American investors backed 3,011 startup deals in the second quarter of 2023, a third fewer from...
July 05, 2023
YowPay Launches Instant SEPA Credit Transfer Solution for European Merchants
YowPay has launched a Single Euro Payments Area (SEPA) credit transfer solution for merchants across the eurozone. The software provider’s solution streamlines the payments process for merchants by generating a unique...
July 05, 2023
From Portugal to the Philippines, Real-Time Payments Increase Their Global...
Real-time payments have gained significant traction worldwide, revolutionizing how consumers and businesses conduct financial transactions. Many countries have successfully implemented real-time payment systems to enhance efficiency and meet the growing...
July 05, 2023
Citi Says AI Will Personalize Treasury and Power Data-Readiness Teams
We are increasingly living in a data-driven economy, and businesses must keep up if they want to stay alive, much less compete. In today’s new world, formerly frontier technologies are...