Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.

Singapore FinTech M-DAQ Buys Wallex in Prep for IPO

Singapore FinTech M-DAQ Buys Wallex in Prep for IPO
Singapore FinTech M-DAQ Buys Wallex in Prep for IPO
February 21, 2022  |  Acquisitions

FinTech startup M-DAQ has bought B2B cross-border payment provider Wallex to help it expand more in Southeast Asia, according to a company release (Feb. 22)....

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Federal Reserve Governor Stresses the Importance of a US CBDC
Federal Reserve Governor Stresses the Importance of a US CBDC
February 21, 2022  |  News

Lael Brainard, governor of the Federal Reserve System, in a speech at the U.S. Monetary Policy Forum in New York on Friday (Feb. 18), reiterated...

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80% of Buyer-to-Supplier Transactions Could Be Completed Electronically by 2025
80% of Buyer-to-Supplier Transactions Could Be Completed Electronically by 2025
February 21, 2022  |  B2B Payments

As a growing number of accounts payable (AP) and accounts receivable (AR) departments recognize the benefits of digitization, more and more are adopting B2B digital...

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Machine Learning Helps Financial Institutions Balance Risk, Innovation
Machine Learning Helps Financial Institutions Balance Risk, Innovation
February 21, 2022  |  Fraud Prevention

Five years ago, digital transformation in banking was focused on a product or a certain business line, but more recently, innovation has become an imperative....

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CE100™ Index Slips 3.31% as Fastly, Roblox Lose Ground
CE100™ Index Slips 3.31% as Fastly, Roblox Lose Ground
February 21, 2022  |  Connected Economy

The CE100 slipped by 3.31% last week with players such as Fastly and Roblox losing more than a quarter of their stock value. In this...

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Fake Businesses Emerge as New Front in War on ID Fraud
Fake Businesses Emerge as New Front in War on ID Fraud
February 21, 2022  |  Security & Fraud

As digital commerce and payments grow, fraud grows with it. That’s going to get worse before it gets better as merchants and their payments partners...

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Nepal Adopts India’s UPI Payments System to Boost its Digital Economy
Nepal Adopts India’s UPI Payments System to Boost its Digital Economy
February 18, 2022  |  Digital Payments

Nepal will become the first country beyond India to utilize India’s unified payments interface (UPI) system, a key step in transforming that nation’s digital economy,...

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New Study: Most Utility Execs Place High Importance on Digital Bill Payments
New Study: Most Utility Execs Place High Importance on Digital Bill Payments
February 18, 2022  |  Digital Payments

While there’s been a longstanding trend toward digitized workflows and business processes among all businesses, the utilities and consumer finance industries have been particularly aggressive...

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Report: How Solving the Payments Compliance Puzzle Fuels Global Business Growth
Report: How Solving the Payments Compliance Puzzle Fuels Global Business Growth
February 18, 2022  |  Digital Payments

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