Showing 37 to 48 of 49 results
Fintechs Tackle High Remittance Costs in Sub-Saharan Africa
Fintech companies in sub-Saharan Africa are striving to lower the exorbitant remittance costs (8.37% average in Q2 2024) by promoting digital transactions and cutting out intermediaries, although challenges remain due to limited internet access (37%) and varying regulations across the region.
Fintechs Tackle High Remittance Costs in Sub-Saharan Africa
Fintech companies in sub-Saharan Africa are striving to lower the exorbitant remittance costs (8.37% average in Q2 2024) by promoting digital transactions and cutting out intermediaries, although challenges remain due to limited internet access (37%) and varying regulations across the region.
Progress
36% Bias Score
China's Digital Payments Boost Foreign Tourism
China's upgraded digital payment systems facilitated over 860,000 mobile payment transactions from foreign visitors in Heilongjiang between January 2024 and January 2025, a 4.9-fold year-on-year increase, exceeding 190 million yuan ($26.16 million) in transaction value, showcasing the ease of cashle...
China's Digital Payments Boost Foreign Tourism
China's upgraded digital payment systems facilitated over 860,000 mobile payment transactions from foreign visitors in Heilongjiang between January 2024 and January 2025, a 4.9-fold year-on-year increase, exceeding 190 million yuan ($26.16 million) in transaction value, showcasing the ease of cashle...
Progress
36% Bias Score
2024 Tax Season: Key Changes and Deadlines
The IRS started accepting 2024 tax returns on January 27th, with an April 15th deadline; key changes include expanded free filing options, updated tax brackets, and a modified threshold for reporting digital payments exceeding $5,000.
2024 Tax Season: Key Changes and Deadlines
The IRS started accepting 2024 tax returns on January 27th, with an April 15th deadline; key changes include expanded free filing options, updated tax brackets, and a modified threshold for reporting digital payments exceeding $5,000.
Progress
36% Bias Score
Software Failure Spurs Cash Rush, Underscoring Need for Payment Diversity
A major software failure caused widespread digital payment disruptions, leading to a 30% surge in U.K. ATM withdrawals and highlighting the ongoing importance of cash as a backup payment method amid growing concerns about digital security and privacy.
Software Failure Spurs Cash Rush, Underscoring Need for Payment Diversity
A major software failure caused widespread digital payment disruptions, leading to a 30% surge in U.K. ATM withdrawals and highlighting the ongoing importance of cash as a backup payment method amid growing concerns about digital security and privacy.
Progress
36% Bias Score
Greek Banks Respond to Fee Reduction Mandate with New Transaction Packages
Greek banks introduced new transaction packages with added services to offset reduced fees on money transfers and bill payments mandated by the government, effective immediately; measures include zero charges for payments to public entities and a maximum €0.50 for transfers under €5,000.
Greek Banks Respond to Fee Reduction Mandate with New Transaction Packages
Greek banks introduced new transaction packages with added services to offset reduced fees on money transfers and bill payments mandated by the government, effective immediately; measures include zero charges for payments to public entities and a maximum €0.50 for transfers under €5,000.
Progress
36% Bias Score
German Banks Back Wero to Challenge PayPal
German Sparkassen are aggressively promoting Wero, a PayPal competitor launched in July 2024 by the European Payments Initiative, aiming for pan-European adoption; this follows the year-end 2024 closure of the failing Paydirekt/Giropay system.
German Banks Back Wero to Challenge PayPal
German Sparkassen are aggressively promoting Wero, a PayPal competitor launched in July 2024 by the European Payments Initiative, aiming for pan-European adoption; this follows the year-end 2024 closure of the failing Paydirekt/Giropay system.
Progress
48% Bias Score
RBA Admits Delayed Interest Rate Hikes During 2022 Inflation Surge
Reserve Bank of Australia Governor Michele Bullock admitted the bank was too slow to raise interest rates during the 2022 inflation surge, which peaked at 7.8 percent in December, and that this delay influenced its recent decision to cut rates, the first such reduction in over four years. The RBA's ...
RBA Admits Delayed Interest Rate Hikes During 2022 Inflation Surge
Reserve Bank of Australia Governor Michele Bullock admitted the bank was too slow to raise interest rates during the 2022 inflation surge, which peaked at 7.8 percent in December, and that this delay influenced its recent decision to cut rates, the first such reduction in over four years. The RBA's ...
Progress
36% Bias Score
Fintech Simplifies Global Currency Management for Entrepreneurs
Fintech is streamlining global currency exchange for entrepreneurs by offering digital platforms with transparent rates and fees, eliminating inefficiencies and hidden costs associated with traditional methods like airport kiosks and foreign ATMs, thus improving cash flow and allowing for more effec...
Fintech Simplifies Global Currency Management for Entrepreneurs
Fintech is streamlining global currency exchange for entrepreneurs by offering digital platforms with transparent rates and fees, eliminating inefficiencies and hidden costs associated with traditional methods like airport kiosks and foreign ATMs, thus improving cash flow and allowing for more effec...
Progress
56% Bias Score
Widespread Fraud Impacts Germany's Public Transportation Ticket
The Germany-wide public transportation ticket, launched in May 2023, is experiencing widespread fraud; the RMV estimates that approximately one million of the nearly 14 million sold tickets are fraudulent or unpaid, resulting in significant financial losses due to systematic digital abuse involving ...
Widespread Fraud Impacts Germany's Public Transportation Ticket
The Germany-wide public transportation ticket, launched in May 2023, is experiencing widespread fraud; the RMV estimates that approximately one million of the nearly 14 million sold tickets are fraudulent or unpaid, resulting in significant financial losses due to systematic digital abuse involving ...
Progress
48% Bias Score
Qomodo Secures €48 Million in Funding, Showcases 500% Growth
Italian fintech startup Qomodo, specializing in "buy now, pay later" solutions for emergency expenses, secured €48 million in funding, achieving a 500% customer growth in one year, now supporting 2,500 merchants.
Qomodo Secures €48 Million in Funding, Showcases 500% Growth
Italian fintech startup Qomodo, specializing in "buy now, pay later" solutions for emergency expenses, secured €48 million in funding, achieving a 500% customer growth in one year, now supporting 2,500 merchants.
Progress
44% Bias Score
Greek IRIS Payments Transactions Surge 137% in 2024
IRIS Payments transactions in Greece soared 137% in 2024, reaching 57.3 million transactions valued at €6.1 billion, driven by strong growth across P2P, P2B, and eCommerce services and indicating a significant shift towards digital payments.
Greek IRIS Payments Transactions Surge 137% in 2024
IRIS Payments transactions in Greece soared 137% in 2024, reaching 57.3 million transactions valued at €6.1 billion, driven by strong growth across P2P, P2B, and eCommerce services and indicating a significant shift towards digital payments.
Progress
52% Bias Score
German Banks Launch Wero to Challenge PayPal
German Sparkassen banks are pushing Wero, a new mobile payment system launched in July 2024, as a PayPal competitor; it initially was available only to Sparkassen and Volksbanken customers but now has its own app and is expanding to Postbank, Deutsche Bank, and ING in 2025, while the Giropay system ...
German Banks Launch Wero to Challenge PayPal
German Sparkassen banks are pushing Wero, a new mobile payment system launched in July 2024, as a PayPal competitor; it initially was available only to Sparkassen and Volksbanken customers but now has its own app and is expanding to Postbank, Deutsche Bank, and ING in 2025, while the Giropay system ...
Progress
40% Bias Score
Showing 37 to 48 of 49 results