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Jun 18, 2024 | 
finextra.com | Francesco Fulcoli |Raktim Singh |Donica Venter |Paula Hunter
The week from June 17 to June 21, 2024, was bustling with earnings announcements from a diverse range of companies across various sectors. This article provides a detailed overview of the key financial reports released throughout the week.
Monday, June 17, 2024Coffee Holding Co. (JVA)
Coffee Holding Co., a roaster and wholesale coffee supplier, reported mixed results.
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Jun 13, 2024 | 
finextra.com | Harshita Soni |Ugne Buraciene |Donica Venter |Robert Kerrigan
The digital payment market in India has witnessed explosive growth, fueled by the widespread adoption of digital payment methods and the increasing convenience they offer. The digital payments market in India is estimated to be valued at
$3 trillion in 2022 and is projected to grow at a staggering compound annual growth rate
(CAGR) of 26.2% to reach $7.8 trillion by 2027.
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May 23, 2024 | 
finextra.com | Shiv Nanda |Denys Boiko |Igor Skachkov |Donica Venter
In today's world, where technology is deeply woven into our daily lives, financial technology, or fintech, is revolutionizing more than just traditional banking and investments. It is also making significant advancements in healthcare services. For seniors,
this evolution in fintech is not merely a convenience but a revolution in accessing and managing dental insurance.
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May 7, 2024 | 
finextra.com | Joris Lochy |Donica Venter |John Bertrand |Jamel Derdour
Introduction
Alex Johnson’s most recent blog post (https://fintechtakes.com/articles/2024-05-03/merchants-future/) is very detailed, well-informed and very well-written -as always. Please
do read it. The convergence of merchants and banking is an exciting possibility. Merchants accept payments made via cards, wallets and other bank-driven products. They are acquired by banks. Of course, BNPL continues to be quite popular in offering credit
at point of sale.
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May 6, 2024 | 
finextra.com | Donica Venter |John Bertrand |Jamel Derdour |Jonathan Hancock
Welcome to the Dawn of Enhanced Fraud Detection.
In the modern era of digitalisation, financial transactions have become an integral part of our lives, touching the daily routines of billions worldwide. However, the ease of these digital payments is marred by the alarming menace of payment fraud, particularly
the devastating Authorized Push Payment (APP) fraud. In this type of fraud, transactions are mistakenly authorised towards fraudulent entities, leading to significant financial loss.
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May 6, 2024 | 
finextra.com | Donica Venter |John Bertrand |Jamel Derdour |Jonathan Hancock
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Apr 9, 2024 | 
finextra.com | Irina Latushkina |Catherine Espinosa |Maya E. Kumar |Donica Venter
Europe’s banking landscape today looks significantly different than it did just a few years ago, largely defined by new regulations that have emerged in response to consumers’ shifting financial behaviors.
Payment Services Directive 2 (PSD2) and its successor, Payment Services Directive 3 (PSD3), for example, have transformed open banking from a niche capability into a mainstream use case that millions of consumers are now using to gain better visibility into
their personal data and finances.
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Apr 9, 2024 | 
finextra.com | Irina Latushkina |Catherine Espinosa |Maya E. Kumar |Donica Venter
As many of us have seen, there is no shortage of wallets on offer. www.findynet.fi/en/ has compiled a list to support ongoing issuing, holding and verifying verified data tests - and to support the work in Open Wallet Foundation. https://lnkd.in/d_KtQNAx . Please take a look. It is impressive.
One could imaging that EU member states will in many cases consider deploying these instead of doing coding work on their own.
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Apr 8, 2024 | 
finextra.com | Maya E. Kumar |Donica Venter |Gary Singh |Azimkhon Askarov
We’ve seen a significant rise in inflation over the past year, leading to increasing market uncertainty and ultimately causing costs to spiral for many businesses. Meanwhile, the economy is recovering from a series of black swan events over recent years
– from Brexit to global conflict and supply shortages.
These issues have impacted businesses’ bottom lines and exacerbated a global cash flow crisis.
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Apr 5, 2024 | 
finextra.com | Maya E. Kumar |Donica Venter |Gary Singh |Jamel Derdour
Real-time B2B payments are surging in popularity globally. It’s estimated that up to half
of B2B payments will be made in real-time by 2025, and for good reason. But discrepancies in growth between regions, and barriers to full adoption remain.
