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.

3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
July 22, 2024  |  B2B Payments

Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Traditionally, the manual processes supporting the accounts payable (AP) and accounts...

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QIB Adds Request to Pay to Instant Payments Service
QIB Adds Request to Pay to Instant Payments Service
July 22, 2024  |  Faster Payments

Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. The new feature, announced Monday (July 22), lets customers request a payment from...

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i2c and Beyon Money Launch Corporate Card Partnership
i2c and Beyon Money Launch Corporate Card Partnership
July 22, 2024  |  Partnerships

Digital banking/payments firm i2c has launched a partnership with Beyon Money Business. The collaboration, announced Monday (July 22), will see the firms launch a corporate expense card program for the...

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Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. The feature, Automatic...

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Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
July 19, 2024  |  Connected Economy

If there ever was a day that needed a Plan B, it was Friday, July 19. Banks, airlines, hospitals, fast food chains, retailers, even the...

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CrowdStrike CEO Updates Solutions to Global Microsoft Outage
CrowdStrike CEO Updates Solutions to Global Microsoft Outage
July 19, 2024  |  Connected Economy

The outage that continued to snarl systems from airports to stock exchanges Friday morning started when it struck users of Microsoft’s Windows operating system late...

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Cash App Integrates With Google Play to Attract Gamers
Cash App Integrates With Google Play to Attract Gamers
July 18, 2024  |  Digital Payments

Cash App has integrated with Google Play to offer more checkout options on Android devices. The partnership, announced Thursday (July 18), is designed to help...

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Capital One Announces $265 Billion Community Plan as Part of Discover Deal
Capital One Announces $265 Billion Community Plan as Part of Discover Deal
July 17, 2024  |  Acquisitions

Capital One Announces $265 Billion Community Benefits Plan Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide...

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Insurance Industry $500 Billion Digital Shift Driven by Gen Z Expectations
Insurance Industry $500 Billion Digital Shift Driven by Gen Z Expectations
July 17, 2024  |  Digital Payments

As the second half of 2024 unfolds, the insurance sector finds itself in the midst of a profound shift. How profound? According to at least...

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