PalmPay, a financial platform boasting over 30 million users in Nigeria, has launched a USSD code, offering locals a new way to manage their finances without internet connectivity. As part of an effort to improve the accessibility of PalmPay, customers can now perform a number of banking transactions by dialling ‘*861#’ on their mobile phones. […]
A new survey launched by the Open Property Data Association (OPDA) aims to gather insights from homebuyers and sellers across the UK, with the goal of improving the homebuying process through digital transformation. The research project, distributed through over 30 member firms such as Atom bank, Inventory Base and Kotini, seeks input from thousands of consumers to inform OPDA’s campaign to […]
Here are two reliable dividend-paying stocks poised for upside. For investors, dividend-paying stocks offer an immediate return, and those with consistent, rising payouts have performed even better, with less volatility than the benchmark S&P 500. One explanation could be that annual dividend increases compel management to maintain disciplined capital allocation while also signaling strong confidence to […]
JPMorgan Chase CEO has laid out the “worst outcome” for America’s economic future, beyond recession. “The worst outcome is stagflation,” said Dimon. “And by the way, I wouldn’t take it off the table.” 68-year-old Jamie Dimon made his remarks on Tuesday at the Council of Institutional Investors in New York. JPMorgan Chase is the largest […]
The DPC has launched an enquiry into whether Google Ireland Limited complied with regulations ahead of Cross-Border processing personal data of EU or EEA data subjects when developing its foundational AI model, Pathways Language Model 2 (PaLM 2). Before individual data is leveraged, organisations must complete a Data Protection Impact Assessment (DPIA) to ensure that […]
Mastercard says the acquisition will boost its fraud prevention, real-time decisioning and cybersecurity services in the payments ecosystem and beyond. Boston-based Recorded Future claims to be the world’s largest threat intelligence company, with more than 1900 clients across 75 countries, including the governments of 45 countries and over 50% of the Fortune 100. The firm […]
As AI-powered drive-thru lanes and automated back of house operations continue to dominate conversations about hot restaurant technologies, operators should remember to take care of the basics too. This month, GoTab and Ansa both announced new digital payment solutions that give operators options for purchasing hardware-free iOS payment capabilities and digital wallets that allow customers […]
In June 2024, Revolut was in talks with Morgan Stanley to sell $500 million in shares, and hit a valuation of $40 billion. Last month, Storonsky sold 40-60% of Revolut stock in a secondary share sale, which was worth between $200 and $300 million. The secondary sale of staff shares led by D1 Capital Partners, […]
The “agreement in principle” comes as the college and pro football seasons are ramping up. “Through this first-of-its-kind collaboration, DIRECTV and Disney are giving customers the ability to tailor their video experience through more flexible options,” a joint statement from both companies said. “Disney and DIRECTV have a long-standing history of connecting customers to the best entertainment, […]
Federal Reserve officials head into their policy meeting Tuesday closer to their goal of low inflation, but how much they will ease back on interest rates remains an open question. A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. One gauge of consumer prices showed 12-month inflation […]
Tuesday was the first day U.S. Bank customers could use the Paze services through their debit cards, a bank spokesperson said in an email. “Making an online purchase without entering card data and trusting that the payment will process quickly is what clients expect, and what is delivered with Paze,” the bank said in a […]
The financial sector is at a pivotal moment, driven by a shift in consumer preferences and technological advancements. A PYMNTS Intelligence report “Tapping Into the Future of Payments” explored how the rise of digital payments, especially among younger generations, is transforming the traditional banking landscape, presenting both opportunities and challenges for financial institutions and payment providers. Digital Wallets: The New Norm for Millennials and Gen […]
