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Account-to-account (A2A) payments are taking hold around the world. Globally, A2A payments accounted for 9% of e-com payments and $525B in transaction value in 2022, driven by RTP (Real Time Payment) schemes and the sharp rise in card-based transaction costs. Safety, speed, and the lower cost, including lack of interchange fees, are contributing to the uptake. In Europe, A2A payments now account for 18% of e-com payments with projected growth of 10% CAGR through 2026. In addition to the UK, Netherlands, Germany, and Poland, the Nordics are seeing strong adoption rates due to their digital payments infrastructure, innovative local providers and digitally savvy consumers. All payment trends note that over the next three years, A2A will evolve into an important enabler of financial services. #a2a #payments #ripae #fintech

Discover how Banco Popular Dominicano is harnessing innovation, #sustainability, and customer-centricity. From enhancing #digital channels to leading in green financing, they are shaping the future of #banking in the #DominicanRepublic.

🚀 Exciting Opportunities in Latin America's Digital Banking! 💳 (from Deheza Ltd) #latinamerica is ripe for digital banking innovation. Millions seek accessible and customer-friendly financial services. Payments Cards & Mobile shows the huge opportunities in the sector (link the comments delves into the opportunities). Companies like Nubank are leading the way. They offer inclusive platforms for all, which is crucial in an underserved market with low banking rates. ---------------------------------------- 👹 There are, however, risks that any digital banking investor should be aware of: 🛑 Regulatory complexity, especially in a market dominated by a few major banks. 🛑 Cybersecurity concerns due to the region's relaxed regulation. 🛑 Cultural nuances, like the trend towards non-payment. 🛑 Traditional banks are fierce competitors. In most cases, they have a long tradition and have the consumers' trust. 🛑 Political uncertainty leading to regulatory unpredictability. 😌 Fortunately, Deheza Ltd knows how to navigate those. 🌎 💎 You, too, can gain an #intelligence advantage through our expert network. #DigitalBanking #LatinAmerica #investment 🚀💳

🚨 𝗡𝗲𝘄𝘀 𝗙𝗹𝗮𝘀𝗵: The Governing Board of the CNBV has officially granted the license for Revolut. Revolut Mexico 🇲🇽 joins the roster of authorized and regulated neobanks in the country. More info in the (Spanish-) source article: https://lnkd.in/eZHz4aNg Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #revolut #neobank #bankingapp #banking #bankingindustry #digitalbanking #challengerbank #fintech #fintechindustry #financialtechnology #fintechnews #mexico

Banking Revolution: Canadians Brace for Game-Changing Shift 📰 Exciting news for Canadian consumers and businesses! 🇨🇦💼 Canada is taking steps towards open banking, which means more control over financial data! 💪🔒 #OpenBankingCanada #FinancialDataControl #EmpoweringConsumersEn Español:¡Noticias emocionantes para consumidores y negocios canadienses! 📰🇨🇦💼 ¡Canadá está dando pasos hacia la banca abierta, lo que significa más control sobre los datos financieros! 💪🔒 #BancaAbiertaCanadá #ControlDatosFinancieros #EmpoderandoConsumidores This headline news segment is brought to you by Spanglish News and BHIVE Labs. If you appreciate our headline summaries, we invite you to explore our collection below. Your purchase supports our mission and makes a real impact.Try BHIVE Nectar and publish your own news on whatever topic/language you choose. Stay top of mind with your network. Go to Nectar.Social for more info or use QR code to access app. BHIVE is a Canadian owned and operated company.

🏆 UNO Digital Bank Wins Prestigious Digital Banking Award at ABF Fintech Awards 2024🎉 UNO Digital Bank, a trailblazer in the digital financial services space in the Philippines, has been recognized with the esteemed Digital Banking Award – Philippines at the Asian Banking and Finance (ABF) Fintech Awards 2024. This accolade underscores UNO Digital Bank's vital role in promoting financial inclusion and accessibility, particularly for underserved communities. With over 1.6 million customers, $118M in deposits, and a $29M loan book since its launch nearly two years ago, UNO Digital Bank has rapidly become a key player in the market. Innovative products like the #UNOready savings account with 4.25% annual interest and #UNOnow loans help address common challenges for the unbanked, while strategic partnerships with GCash and Singlife further expand their reach. “Our vision is to redefine banking by making it simpler, better, and more accessible, empowering customers to take control of their financial futures,” said Manish Bhai, President & CEO of UNO Digital Bank. About UNO Digital Bank: As Southeast Asia’s first full-spectrum digital bank, licensed by the Bangko Sentral ng Pilipinas, UNO Digital Bank is committed to delivering secure, all-in-one financial solutions—from transactions and savings to borrowing, investments, and insurance—precisely when customers need them. #FinTech #DigitalBanking #FinancialInclusion #Philippines #Innovation #UNODigitalBank #ABFAwards2024 #GCash #Singlife #BankingForAll #FutureOfFinance #DigitalPilipinas

Salt Bank: The first 100% Romanian neobank was launched today, Bucharest, April 4th, 2024, by www.nineoclock.ro Gabriela Cristina Nistor, CEO of Salt Bank, highlights the bank’s commitment to keep up with technology and customers` needs: “By launching Salt, we are not only bringing the first 100% Romanian neobank to the Romanian market, but we are also offering a unique perspective that combines technology and finance. We built Salt Bank with responsibility and long-term ambition. And even if we are not perfect, we are perfectible. And for that, we will test the best solutions together with our customers. It’s more than a promise. Salt. Banking as you want it.” #Salt #Bank #Romania #Romanianews #News #Economy #Romanianmarket #SaltInBanking #NineoclockNews #Banking40 #Romanianneobank #SaltBank #EnginebyStarling #Banking #BT #WomenInPolitics #GenderEquality #EmpowerWomen #ProgressForAll #InclusiveGovernance Nine O’Clock Banca Transilvania 99 NINE NINE WW | PR AGENCY WOPA , Pascuta Stefan https://lnkd.in/dBZp-wFD

TymeBank has migrated its Tap-on-Phone customer base to the iKhokha Tap-on-Phone platform, a move that will enable its business banking customers to access a range of business tools and online payment acceptance solutions. TymeBank is one of the world’s fastest-growing digital banks and the first digital bank to reach profitability in Africa, with more than 8.7 million customers since its launch in February 2019. Retail Capital, a division of TymeBank, is the largest small and medium, enterprise (SME) funder of its kind in the sector. iKhokha is a South African technology company redefining the way SMEs do business through mobile innovation. iKhokha, a start-up founded in 2012 by Matt Putman, Ramsay Daly and Clive Putman, is claimed to be one of the fastest-growing fintech companies in Africa. The move will allow Tymebank’s business banking customers to not only use the latest in mobile payment innovation, but to also have access to iKhokha’s suite of business tools, including cash advance products, sales reports, business insights, and a host of online payment acceptance solutions, a statement said on Friday. Source: https://lnkd.in/e8cya2fb #banking #digitalbanking #bankingtechnology #smes #payments #onlinepayments #financialtechnology #financialservices 

Latin America’s payments landscape is ‘Ripe for Innovation’ Latin America's diverse population, unbanked consumers, and efficient money movement across borders drive payments innovation while lack of standardized banking habits creates opportunities for newer products. Latin America has high cash usage but is also surpassing global usage trends in instant account-to-account payments. Chile's influx of venture capital post pandemic has primarily focused on fintech and e-commerce, potentially fostering greater innovation. Regional data protection inconsistencies have made work complex and time-consuming for financial institutions. Implementation of more consistent standards is needed to streamline the process. Read more at 👇 https://okt.to/Z7hAs9 #technology #Digital #digitaltransformation #Payments #Banking