payments
Grey has expanded its business banking services to include USD business accounts, bulk payments, and support for the USDC stablecoin, all within a single platform. The company aims to simplify international transactions and reduce costs for businesses. Addressing Cross-Border Payment Challenges Cross-border payments present ongoing difficulties for businesses, particularly in emerging markets. The World Bank […]
This week’s edition of Finovate Global focuses on fintech developments in countries located in and around East Africa. Digital banking secures investment in Zambia Zambian digital banking platform Lupiya has raised $11.25 million in Series A funding. The round, nearly two years in the making, was led by IDF Capital’s Alitheia IDF Fund, and featured […]
The Bank of Ghana is implementing new regulatory and digital infrastructure initiatives to improve cross-border payments and foster inclusive economic growth across Africa. These efforts aim to address challenges related to payment interoperability, regulatory trust, and consumer protection that currently hinder intra-African trade. FinTech Passport Initiative The Bank of Ghana is collaborating with the Bank […]
A new study details the significant economic impact of digital payments in the United States. Conducted by PwC for the Electronic Transactions Association (ETA), the analysis is the first comprehensive assessment of the value of digital payments across various commerce sectors. The study, utilizing data from 2024, reveals that digital payments contribute substantially to the […]
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