Payment

Redefining Finance: KSA Fintech Market Soars at 12.5% CAGR, Fueled by Vision 2030 and Digital Transformation: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
PayPal, BNPL, Wealth management, Yaqeen, Research, Artificial intelligence, Traction, STC, Risk management, Growth, Computer security, Future, Digital, Government, API, Insurance, SAMA, Kingdom, Risk assessment, Blockchain, Ecosystem, Fintech, Vision 2030, KSA, Consumer, Payment, Ant Group, Stripe, Ant

Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.
  • Several key factors are propelling the KSA fintech market towards a future brimming with innovation:
    Vision 2030: The government's ambitious plan prioritizes financial inclusion and digital transformation, creating a conducive environment for fintech adoption through supportive regulations and infrastructure development.
  • Shifting Consumer Preferences: Younger generations are increasingly tech-savvy and open to embracing alternative financial solutions, seeking convenience, personalization, and transparency.
  • The KSA fintech market features a diverse mix of players:
    Global Fintech Giants: Established players like PayPal, Stripe, and Ant Group are entering the market with their global expertise and advanced technologies.

Redefining Finance: KSA Fintech Market Soars at 12.5% CAGR, Fueled by Vision 2030 and Digital Transformation: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
PayPal, BNPL, Wealth management, Yaqeen, Research, Artificial intelligence, Traction, STC, Risk management, Growth, Computer security, Future, Digital, Government, API, Insurance, SAMA, Kingdom, Risk assessment, Blockchain, Ecosystem, Fintech, Vision 2030, KSA, Consumer, Payment, Ant Group, Stripe, Ant

Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.
  • Several key factors are propelling the KSA fintech market towards a future brimming with innovation:
    Vision 2030: The government's ambitious plan prioritizes financial inclusion and digital transformation, creating a conducive environment for fintech adoption through supportive regulations and infrastructure development.
  • Shifting Consumer Preferences: Younger generations are increasingly tech-savvy and open to embracing alternative financial solutions, seeking convenience, personalization, and transparency.
  • The KSA fintech market features a diverse mix of players:
    Global Fintech Giants: Established players like PayPal, Stripe, and Ant Group are entering the market with their global expertise and advanced technologies.

Global Charge Card Market Trends, Opportunities, & Forecasts 2023-2029: Technological Advancements and Changing Consumer Trends Bolsters Growth

Retrieved on: 
Friday, February 23, 2024
Financial institution, USD, Risk management, Generation Z, Prevalence, Fintech, NFC, Payment, Financial management, Research

The global Charge Card Market has advanced dynamically in recent years, witnessing a compound annual growth rate (CAGR) of 11.6% from 2023 to 2029.

Key Points: 
  • The global Charge Card Market has advanced dynamically in recent years, witnessing a compound annual growth rate (CAGR) of 11.6% from 2023 to 2029.
  • Charge card adoption varies across regions, with North America leading in market share, thanks to high technology integration and consumer awareness.
  • With these trends at the forefront, the charge card industry is well-positioned to maintain its growth trajectory and revolutionize the realm of global payments.
  • In conclusion, the available report provides a comprehensive analysis of the global Charge Card Market, delving into the enablers, market dynamics, and innovations propelling the industry forward.

Turkiye Garanti Bankasi A.S.: Announcement Regarding the Operating Permit from the Central Bank of the Republic of Türkiye for Garanti Ödeme ve Elektronik Para Hizmetleri Anonim Şirketi , a subsidiary

Retrieved on: 
Friday, February 16, 2024
Central bank, Record, Official, Payment, Republic, Official Gazette, Book, Pension fund

Central Bank of the Republic of Türkiye , as per its decision published in the Official Gazette dated 15.02.2024, has granted Garanti Ödeme ve Elektronik Para Hizmetleri Anonim Şirketi,

Key Points: 
  • Central Bank of the Republic of Türkiye , as per its decision published in the Official Gazette dated 15.02.2024, has granted Garanti Ödeme ve Elektronik Para Hizmetleri Anonim Şirketi,
    a subsidiary of our bank, with a permit to operate as a payment and electronic money institution to provide the payment services specified in subparagraphs (a), (b), (c), and (e) of the first paragraph of Article 12, as well as the electronic money issuance service specified in the second paragraph of Article 18 of Law on Payment and Securities Settlement Systems, Payment Services, and Electronic Money Institutions No.
  • 6493.
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • Contact Garanti BBVA Investor Relations:

Latin America Online Payment Methods 2024: Credit Cards Dominate the Digital Payment Landscape and B2C E-Commerce, with Real-time Payments Witnessing Rising Popularity in Latin America

Retrieved on: 
Thursday, February 15, 2024
Online, B2C, OEM, Digital goods, Digital, Payment, Online and offline, Consumer, Security, Internet

Overview of the Online and Mobile Payment Trends, September 2023

Key Points: 
  • Overview of the Online and Mobile Payment Trends, September 2023
    Preferred Online Payment Methods For E-Commerce Purchases, in % of Adults, June 2022
    Preferred Payment Method When Shopping Online, in % of Respondents, October 2022
    Value of Contactless Card Transactions, in USD trillion, 2022e & 2027f
    Value of Digital Wallet Transactions, in USD trillion, 2023e & 2028f
    Total Number of OEM Pay E-Commerce Transactions, in USD billion, Growth in Transactions, in %, & Average Transaction Volume Per OEM Pay User, in USD, 2026f
    Share of OEM Pay E-Commerce Transactions Stemming From Purchases of Digital Goods, in %, 2026f
    Top Reasons Because of Which Respondents Are Likely to Abandon Checkout, in % of Adults, June 2022
    Most Accessible vs Most Preferred Online Payment Method, in % of Adults, June 2022
    Share of Consumers Agreeing With the Following Statements Related to Security of Online Payment, in %, April 2023
    Share of Consumers Agreeing With the Following Statements Related to Digital and Mobile Wallets, in %, April 2023
    Top Consumer Expectations at Checkout When Making Online Purchases, incl.
  • "Payment Methods", in % of Respondents, October 2022
    QR Code Payment Transaction Value, in USD billion, 2023e & 2028f
    Online & Mobile Payment Trends, October 2023
    Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022e
    Breakdown of Payment Methods Used for Streaming and Digital Goods Purchases, in %, 2022e
    Breakdown of Online Travel Payments Volume, by Payment Method, in %, 2022e
    Card Ownership in Select Countries, by Card Type, in % of Internet Users, 2021 & August 2022
    Real-Time Payments Share of Total Electronic Payments, in %, 2022 & 2027f

Simplify Healthcare Unveils Simplify App Fabric™: A Low-Code Application Platform Purpose-Built for Payer Needs

Retrieved on: 
Thursday, February 15, 2024
Software, Mobile, Wireless, Professional Services, Data Management, Payments, Apps, Applications, Technology, Security, Health Technology, Practice Management, Finance, Health, Ecosystem, Payment, Health care, Organization, GM

Simplify Healthcare , a leading enterprise Payer software company, today announced the launch of their new Enterprise Digital Innovation Platform — Simplify App Fabric™ — Purpose-built for Payers and forged from their tried and tested platform — Simplify Health Cloud™.

Key Points: 
  • Simplify Healthcare , a leading enterprise Payer software company, today announced the launch of their new Enterprise Digital Innovation Platform — Simplify App Fabric™ — Purpose-built for Payers and forged from their tried and tested platform — Simplify Health Cloud™.
  • Simplify App Fabric™ accelerates application development time, reduces costs, and increases collaboration between IT and non-IT stakeholders while maintaining data security and compliance through low-code application development.
  • They need to be agile to retain their market share and have a first-movers advantage,” stated Vinay Nadig , Chief Strategy Officer and GM — Simplify App Fabric™, Simplify Healthcare.
  • He added, “By simplifying application development, Simplify App Fabric™ empowers teams to develop critical solutions faster and optimize costs significantly.

KUBRA to Elevate NorthStar’s Billing, Payment, and Customer Communications Experience Through Strategic Solution Implementation

Retrieved on: 
Thursday, February 15, 2024
Technology, Payments, Security, Satellite, Utilities, Electronic Commerce, Software, Energy, Networks, Storm, Storm Center, Marketing, Payment, Weather, Multimedia, Radar, Consumer, NorthStar, Human, CIS, Omnichannel, Partnership, Online shopping

KUBRA’s suite of cutting-edge customer experience management solutions is now complemented by NorthStar’s end-to-end (CIS) solutions, fostering a strategic partnership.

Key Points: 
  • KUBRA’s suite of cutting-edge customer experience management solutions is now complemented by NorthStar’s end-to-end (CIS) solutions, fostering a strategic partnership.
  • This collaboration enables NorthStar to further enhance its utility customer experience with the seamless integration of six innovative tools: KUBRA iMail™, KUBRA EZ-PAY®, KUBRA MyHQ™, KUBRA Notifi®, Storm Center™, and IncidentWatch™.
  • The result is NorthStar can elevate its customer experience by delivering streamlined billing, payment, and customer communications solutions for a more convenient, intuitive user experience.
  • Together, we’ll be able to further elevate the customer experience and meet evolving preferences,” said Jerry Rahon, Vice President of Sales and Marketing at NorthStar.

ASDA Selects Accertify for Enhanced eCommerce Fraud Prevention

Retrieved on: 
Wednesday, February 14, 2024
E-commerce, Payment, ASDA, Machine learning, Automation, Online shopping

ITASCA, Ill. and LEEDS, England, Feb. 14, 2024 /PRNewswire/ -- Accertify, Inc., a wholly owned subsidiary of American Express, will help provide ASDA, one of the largest retail chains in the UK, with enhanced security across ASDA's eCommerce transactions as part of the company's digital transformation strategy.

Key Points: 
  • Accertify's real-time machine learning models and automated refunds will enable ASDA to adapt to evolving fraud trends while streamlining chargeback workflows.
  • Accertify's solutions will help ASDA combat eCommerce payment fraud, improve customer experience and optimize related KPIs.
  • "As a leading UK retailer, having the right fraud prevention capabilities that can adapt to the evolving fraud landscape is critical for ASDA," said Mark Michelon, President, Accertify.
  • "Accertify has long demonstrated it is a leader in machine learning-based fraud prevention and chargeback management," said Craig Parkinson, Product Manager - Payments and Fraud, ASDA.

GraceBlood/VelociLink Joins ERPVAR Acumatica ISV Network with Acumatica EDI (Electronic Data Interchange) Managed Services

Retrieved on: 
Wednesday, February 14, 2024
ERP, Running, EDI, Friends, Food, VAR, Blog, Partner, Electronic data interchange, Directory, Knowledge, Payment, Partnership

MISSION VIEJO, Calif., Feb. 13, 2024 /PRNewswire-PRWeb/ -- ERPVAR welcomes GraceBlood and their VelociLink solution to the ERPVAR.com Acumatica ISV and VAR network. GraceBlood, a leading Electronic Data Interchange (EDI) solutions provider, is now promoted in ERPVAR.com's Acumatica ISV Directory. This collaboration aims to introduce GraceBlood's VelociLink advanced Acumatica EDI managed services to Acumatica partners and customers. 

Key Points: 
  • GraceBlood's VelociLink offers Acumatica EDI managed services with personalized customer service to get and keep Acumatica EDI transactions up and running.
  • GraceBlood, a leading Electronic Data Interchange (EDI) solutions provider, is now promoted in ERPVAR.com's Acumatica ISV Directory.
  • This collaboration aims to introduce GraceBlood's VelociLink advanced Acumatica EDI managed services to Acumatica partners and customers.
  • The benefits of an integrated EDI provider/Acumatica partnership with GraceBlood:
    "We welcome GraceBlood to our ERPVAR Acumatica ISV and VAR network.

Weave Enhances Payments Suite with Payment Plans

Retrieved on: 
Tuesday, February 13, 2024
Banking, Software, Professional Services, Fintech, Payments, Technology, Small Business, Health Technology, Marketing, Communications, Practice Management, Finance, Health, Payment, ACH, Patient, Communication, Risk

Weave (NYSE: WEAV), a leading all-in-one experience platform for small and medium-sized healthcare practices, announced a new Payment Plans feature to its payment suite.

Key Points: 
  • Weave (NYSE: WEAV), a leading all-in-one experience platform for small and medium-sized healthcare practices, announced a new Payment Plans feature to its payment suite.
  • Payment Plans enable healthcare businesses to easily set up and manage recurring payment schedules, making it convenient for both the business and their patients.
  • “With Payment Plans, businesses can streamline recurring payments, which is a vital component of efficient cash flow management and elevated customer satisfaction.
  • By offering a comprehensive suite of billing and payment features, Weave remains committed to helping these businesses thrive in an increasingly digital world.