According to World Bank data, in 2021 just 22% of the Egyptian population over the age of 15 owned a debit or credit card, and only 2% of the population had used a mobile phone or the internet to make a transaction. But things are...
Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and their processing fees, the Financial Times reported Monday (July 5). The system to allow electronic payments that don’t involve card companies...
RealPage, which works in software and data analytics, has partnered with AvidXchange to offer Online Vendor Payments, according to a press release, which will help to digitize the payments process for customers in the real estate industry. With the partnership, RealPage will incorporate the network...
On top of being a cumbersome payment vehicle, the paper check continues to pose a major risk to corporate coffers. Fraud is on the rise, from both within and outside of the organization, and bad actors continue to take advantage of the paper check’s lack...
August 18, 2022
According to World Bank data, in 2021 just 22% of the Egyptian population over the age of 15 owned a debit or credit card, and only 2% of the population had used a mobile phone or the internet to make a transaction. But things are changing, and they’re changing fast. As Dr. Tamer El-Hussainy, CEO […]
July 31, 2020
On top of being a cumbersome payment vehicle, the paper check continues to pose a major risk to corporate coffers. Fraud is on the rise, from both within and outside...
July 28, 2020
Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Their...
July 01, 2019
The digital transformation of India’s payments landscape is underway, through government mandate, and a slew of banking and FinTech players. Jeremy Wilmot, group president at ACI Worldwide, tells Karen Webster...
September 01, 2022
The Indian government will support free electronic transactions under Bharat Bill Pay Systems (BBPS), and could end up cracking down on companies charging fees, Economic Times of India reported. An unnamed official told Economic Times that the government will keep the unified payments interface as a free service, with no charge. The BBPS offers a […]
July 06, 2021
Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and their processing fees, the Financial...
June 18, 2020
U.S. casinos are moving toward cashless gambling to protect customers and staff from the COVID-19 pandemic. The American Gaming Association (AGA), the Washington, D.C.-based trade group for the $261 billion...
February 19, 2020
The IRS has invited cryptocurrency groups to meet for a regulatory summit March 3 to discuss how the two can work together going forward, published reports said Tuesday (Feb. 18)....
