Payment systems have undergone significant transformations over the years. From cash and checks to digital wallets, these changes have revolutionised commerce and consumer behaviour. We explore the evolution of payment solutions, analysing adoption rates, security challenges, regulatory shifts, and innovative technologies.Traditional Payment Methods: Cash and ChecksFor centuries, cash reigned...
Sometimes, the easiest way to find a great idea for a startup is to look beyond the current problem you’re solving for your customers. That’s exactly what worked for the founders of KPay. Davis Chan and his co-founders previously helped small and medium-sized merchants optimize their revenue and traffic in...
London, United Kingdom, December 2nd, 2024, FinanceWireThinkMarkets, a leading online trading provider, has further solidified its reputation as an industry innovator by receiving two prestigious awards from renowned publications. Investors’ Chronicle Award One of the UK’s top financial markets magazines, published by the Financial Times Group, recognised ThinkMarkets as a leading...
Dubai, UAE, November 28th, 2024, ChainwireSerenity, a tech and blockchain solution provider, and IDEMIA Secure Transactions (IST), a global leader in payment and connectivity solutions, announced the launch of sAxess, a biometric security card to improve data access control, security, and recovery. The partnership with IDEMIA Secure Transactions brings...
Small and medium enterprises (SMEs) are the backbone of emerging economies. In many regions, they create jobs, drive innovation, and stimulate local economies. Yet, they often face financial challenges, struggling to access credit, manage cash flow, and navigate complex financial systems. Fintech solutions are changing this landscape, offering SMEs...
Miami, Florida, November 26th, 2024, ChainwireAdvancing compliance and trust in the cryptocurrency ecosystem.We are proud to announce that James Young, Transak’s Head of Compliance and MLRO, has joined the Elliptic Client Advisory Board. This esteemed group brings together industry leaders to collaborate on solving critical challenges and setting new...
Dubai, United Arab Emirates, November 26th, 2024, FinanceWire1inch announces that Fusion+ has successfully come out of beta and is now fully available for all users in the 1inch Wallet and 1inch dApp. With Fusion+, users maintain full self-custody of their assets, while the architecture works to ensure that transactions...
Heading into 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d hit the bottom for funding to Latin American fintech startups during the year. While momentum wasn’t a straight shot up and to the right, Packer’s prediction may still have come true. The volume of venture capital dollars...
Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico. Jaime Tabachnik, co-founder and CEO...
Daricus Releford always wanted to be a founder. In high school, he ran a hot dog station and in college launched a chocolate-covered strawberry business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My...