Tag #Digital Payments

Showing 13 to 24 of 49 results

news.sky.com
🌐 75% Global Worthiness
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Lloyds in Talks to Acquire Curve for up to £120 Million

Lloyds Banking Group is in advanced talks to buy the digital wallet provider Curve for up to £120 million, driven by competition with Apple Pay and regulatory pressure, with a potential deal announcement by the end of September.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Messaging Apps Integrate Financial Services, Raising Privacy Concerns

WhatsApp and X are adding financial features, similar to China's WeChat, prompting concerns about data privacy and government surveillance, while Spain's Bizum shows that user-friendly apps can succeed despite such issues.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Households Hoard Cash Amid Economic Uncertainty

Amid economic uncertainty and banking system failures, UK households are hoarding cash, resulting in a 23% increase in banknotes in circulation since the pandemic, despite a sharp decline in cash transactions to 12% of all transactions in 2023.

Progress

44% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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GENIUS Act Could Usher in Mainstream Adoption of Stablecoins

The Senate is considering the GENIUS Act, a bill that would regulate stablecoins, a type of cryptocurrency pegged to the value of another asset, such as the US dollar; the total market value of stablecoins surged from \$20 billion in 2020 to \$246 billion in May 2025.

Progress

44% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 75% Global Worthiness
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Eurozone Cash Hoarding Paradox: €400 Billion Held in Private Households

The Eurozone's circulating cash reached €1.564 trillion in March 2023, a €300 billion increase since the start of the pandemic, primarily due to hoarding driven by uncertainty; 42% of German banknotes are held for this purpose.

Progress

40% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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ECB Warns of Europe's Dependence on US Payment Systems

The European Central Bank expresses concern over Europe's reliance on US payment systems like Visa and Mastercard, highlighting the vulnerability of some countries and the growing use of US mobile payment apps; initiatives like the digital euro and the EPI's Wero system aim to offer alternatives, bu...

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Chile's Shift to Digital Payments: A Leading Position Faces New Challenges

Chile's cash usage decreased from 70% to 63% among its banked population in 2024, with debit card use rising to 87% for in-person transactions, driven by increased digital access and technological advancements, though challenges remain in keeping pace with regional innovation.

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Greek Instant Payments Surge 92.1% in 2024

Instant payments in Greece exploded by 92.1% in 2024, reaching 70.6 million transactions, with IRIS accounting for 57.3 million, driven by new regulations and government incentives; this positions Greece as a leader in the Eurozone.

Progress

60% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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International ATM Providers Expand in Greece Amidst Bank Network Reduction

Greece's ATM market thrives despite digital growth, with €1 billion annually withdrawn from non-bank ATMs, attracting international players like Euronet and NCR as banks reduce their networks. This creates opportunities in underserved areas, showing the enduring role of cash.

Progress

40% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
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Cash Hoarding in the Eurozone: A Paradox of Rising Currency Despite Reduced Use

The Eurozone's physical currency in circulation is rising to €1.564 trillion despite decreased daily use, driven by hoarding due to economic uncertainty, and involvement in shadow economies.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Razorpay: From Startup Struggle to $7.5 Billion Valuation and Aggressive Expansion

Razorpay, founded by Harshil Mathur and Shashank Kumar, grew from a small startup struggling to secure funding to a $7.5 billion company, aiming to expand aggressively across India and Southeast Asia, facing increased competition from global players.

Progress

56% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Europe's Digital Payment Vulnerability: A Geopolitical Risk

Concerns are rising in Europe regarding its reliance on US-based digital payment systems like Visa and Mastercard, with the ECB president expressing alarm over vulnerabilities; however, an expert disputes the severity of the problem, highlighting the existence of domestic systems and pointing to the...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure

Showing 13 to 24 of 49 results