Tag "digital payments"
Starbucks Taps Embedded Finance to Improve Customer Experience and Increase Retention
Starbucks, an American multinational chain of coffeehouses and roastery reserves, has been dipping its toes into fintech for a while now, leveraging embedded finance to craft superior customer experiences and build loyalty, a new analysis by fintech-focused research firm WhiteSight
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QR Code and Instant Payments are Fueling the Growth of Non-Cash Transactions
The pandemic prompted businesses and customers to embrace digital technologies and non-cash payment methods, fueling the adoption of innovative payment methods like QR code payments, digital wallets, and account-to-account (A2A) payments. Adoption of digital payments among consumers and businesses will
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5 Fintech Trends in Latin America
Latin America (LatAm)’s fintech revolution continues its course this year. Investors’ confidence remains high as they continue pouring billions into the space, betting on the prospect of fintech to help improve financial inclusion and bring innovation in the outdated banking
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Argentina’s Fintech Landscape Shows Strong Growth Despite Headwinds
Argentina’s booming fintech industry boasts over 300 companies that employ nearly 15,000 people. This year, the sector is expected to create more than 5,600 positions, reflecting on the industry’s massive growth and traction, according to data from Cámara Argentina de
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COVID-19 Accelerates Digital Payment and Fintech Adoption in Armenia
In Armenia, the COVID-19 pandemic has accelerated the adoption of digital payment solutions and boosted e-commerce activity. Beniamin Tadevosyan, CEO and co-founder of Armenian paytech startup PayX told local fintech news site Fintech.am that, while prior to the pandemic payment
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COVID-19 Accelerates Shift to Digital Payments, Virtual Banking: McKinsey
The COVID-19 pandemic and its many repercussions have dramatically changed consumer behaviors, accelerating the move from physical to virtual banking and boosting digital payments, according to a new report by McKinsey. All forms of electronic payments, whether peer-to-peer (P2P) or
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COVID-19 Fuels Global E-Commerce and Digital Payments
E-commerce platforms and digital payment services providers are enjoying explosive growth on the back of social distancing requirements put in place in response to the COVID-19 pandemic, according to a new report by PPRO, a London-based business focused on cross-border
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Mobile Payments on the Rise in France
Non-cash payments are increasing in France, driven by the rise in e-money usage and the decline in the use of national payment instruments such as cheques and trade bills, according to the Banque de France. In 2016, the total value
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Apple Pay: Wirecard Announces Expansion of Boon in Switzerland
Wirecard, a leading payment service company, launched its mobile payment solution for customers in Switzerland as part of its planned global expansion. Boon an iOS-based mPayment application, was previously limited to the United Kingdom and France. After establishing a strong market
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MUUME Brings Brick-And-Mortar Commerce to The Digital, Mobile Era
MUUME, a company that provides a platform for “digital self-service” for daily purchases, is helping brick-and-mortar businesses address new mobile-driven consumer behaviors. One idea behind MUUME is to bridge the gap between online and phsysical POS, changing the consumers behavior
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