Rakuten France announces the launch of a completely new integrated payment solution, Club R Pay, thus becoming the first e-commerce company to offer such a system on the market. A globally integrated payment solution, Club R Pay makes it easy for the 12 million members of the Club R loyalty program to shop at more
Depending on how much debt you have, 2023 could be the year you write off or significantly reduce those financial obligations. Either way, you can end the year on a stronger financial footing. No trick will do the job on its own, but organizing ideas can reduce debt dramatically. 1. Review your monthly budget Go
What is Finance & Development? F&D is the most-read magazine of the IMF. It focuses on issues related to macroeconomics, development and finance. It is editorially independent and has been authored both within and outside the Foundation. Articles are published online throughout the year, and a subset of articles appear in our quarterly print edition
Plooto, a leader in end-to-end accounts payable and accounts receivable (AP/AR) automation software for small to medium-sized businesses (SMBs), announced the closing of $20M USD ($27M CAD) in Series B funding. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in the future of finance, with participation from
Finastra research reveals that Open Banking is now seen as an important part of the banking landscape, with 99% of respondents seeing it as a “must have” or “important”, compared with 94% in 2015. last. The share of global financial institutions that consider it a “must-have” has increased to 61%, a notable increase compared to
Cape Town-based Revio, a payments API company, has raised $1.1 million in an oversubscribed seed funding round to solve payment failures in emerging markets. Led by SpeedInvest, with participation from Ralicap, The Fund, Two Culture Capital and strategic angel investors from Sequoia Capital, Quona Capital and Circle Payments, Revio says the investment will enable the firm
Financial services are the backbone of the economy and data is central to its operations. In this white paper industry experts from Amazon Web Services and Tableau describe why and how financial services institutions are adopting modern cloud analytics to: Meet compliance objectives, Process data efficiently, Improve customer experience; Increase productivity, and Create new revenue
Financial institutions and entrepreneurs have a complicated historical relationship. Entrepreneurs need the means to finance their businesses and stay afloat, which means they rely on banks for everything from business loans to checking accounts. And banks need entrepreneurs too. Without small businesses driving the economy, there’s not many banks can do. This (sometimes reluctant) codependency
Authorize payment transactions by simply touching your credit card, securely and quickly. Sella is piloting a credit card with biometric identification that, thanks to a small chip sensor, allows people to make payments with their fingerprints. The rollout of the new card, enabling biometric verification for direct and contactless payments, was led by Sella Personal
Banks and credit unions need to start planning for the difficult economic situation that lies ahead. Due to the greater availability of cash, growing inflation and interest rates, the number of available positions, and pay inflation, this upcoming recession will be very different from the one that occurred in 2008. However, banks and credit unions
A new cross-border payments solution, Brightwell’s ReadyRemit *, powered by The Bancorp Bank, N.A., and Mastercard’s Cross-Border Services, was just unveiled by Atlanta-based Brightwell, a provider of global payments technology. ReadyRemit provides a user-friendly, cross-border payments solution with compliance capabilities, enabling fintechs, enterprises, and programme administrators to improve revenue and loyalty. When possible, the partnership
The Alt401(k), a retirement platform offered by ForUsAll, a leading retirement provider for small businesses, gives employees the freedom to invest a portion of their 401(k) in potentially higher-growth opportunities like cryptocurrency in addition to conventional 401(k) mutual funds. As of today, 50 companies are live with the platform. The 401k’s first crypto delivery is
