Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

Source: investopedia.com

Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector

Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
October 25, 2022  |  Banking

With decades-old legacy infrastructure and the rise of digital-only players disrupting the banking space, financial institutions (FIs) stand to gain a lot from digital transformation....

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Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

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American Express: Millennial and Gen Z Spending Growth Up 39%
American Express: Millennial and Gen Z Spending Growth Up 39%
October 21, 2022  |  Earnings

For American Express, there’s been no slowdown or pullback by consumers, who continue to wield their cards at registers and online checkout pages with enthusiasm....

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Report: PhonePe Considering New Funding Round to Build Super App
Report: PhonePe Considering New Funding Round to Build Super App
October 21, 2022  |  Investments

India-based FinTech PhonePe is reportedly in talks to start a new funding round to further its aim of building a financial services super app. Get...

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At One NYC Barbershop, Shave and a Haircut’s 0.0034 Bitcoin
At One NYC Barbershop, Shave and a Haircut’s 0.0034 Bitcoin
October 19, 2022  |  Cryptocurrency

There are a growing number of services that allow and assist merchants in accepting cryptocurrency payments, but all you really need is a digital wallet....

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Seamless B2C Transactions Demand Interoperability Across African, Global Payment Systems
Seamless B2C Transactions Demand Interoperability Across African, Global Payment Systems
October 18, 2022  |  Cross-border Payments

With some 40 currencies across 54 countries, divergent preferences for payment methods and even the same payment method processed differently depending on the country, it’s...

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40% of Millennials ‘Very’ Interested in Super Apps
40% of Millennials ‘Very’ Interested in Super Apps
October 17, 2022  |  Connected Economy

The super app — and, with it, one-stop mobile control over a broad range of everyday activities online and offline — is poised to receive...

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7 in 10 Independent Restaurants Do Not Offer Mobile Order-Ahead
7 in 10 Independent Restaurants Do Not Offer Mobile Order-Ahead
October 14, 2022  |  Mobile Order Ahead

When it comes to meeting consumers’ demand for digital convenience, independent restaurants are lagging behind their chain counterparts. Be it loyalty rewards or online ordering...

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