fintech

Dapio and ZmBIZI are teaming up to launch Tap-to-Phone technology in the US, offering a more accessible payment acceptance to small businesses. The partnership will coincide with Visa's pilot project in six US cities, including Washington D.C., to empower black-owned small businesses.

Traditional banking is being phased out by embedded finance, where non-financial companies integrate financial services like payments and insurance. This has led to a surge in market value, with the U.S. embedded finance space predicted to generate over $240 billion by 2025.

As fintech applications continue to revolutionize the financial landscape, it's crucial to address the cybersecurity risks they pose. Our latest article outlines strategies for enhancing cybersecurity in fintech applications, from secure coding practices to encryption of sensitive data.

The world of business is constantly evolving, and staying ahead of the curve is essential for success. By embracing innovation, adopting new technologies, and adapting to changing market conditions, businesses can remain competitive and thrive in today's fast-paced economy.

The fintech industry has the potential to promote financial inclusion and reduce poverty by leveraging innovative technologies to offer affordable and accessible financial services to traditionally underserved populations.

Traditional merchant onboarding methods are time-consuming and prone to errors, making digital solutions increasingly essential. Automation can reduce risks and save time and resources, enabling faster merchant approvals.

Embedded finance is changing the fintech landscape, with B2B providers selling white-label solutions to businesses. But should companies build their fintech services or outsource? Time, regulations, budget, and expertise are key factors to consider.

Prioritising sustainability is crucial for businesses due to the Earth's finite resources. Adopting eco-friendly practices into daily operations can help. Strategies include bundle orders, conserving energy, embracing remote work and reducing and recycling.

The Payment Card Industry Data Security Standard (PCI DSS) is crucial for safeguarding customer data and avoiding potential penalties. This step-by-step guide offers businesses an effective approach to achieving PCI DSS compliance and maintaining a secure environment.

NFC technology has been around for nearly 70 years and has become a staple in payment technology, operating on a wide range of mobile devices. NFC enables short-range communication between two devices, and recent shifts in payment regulations have also allowed smartphones to receive payments.

Payment processing is a complex flow involving various players, including cardholders, merchants, acquirers, credit card associations, and issuing banks. The process can be broken down into three steps: authorisation, settlement, and funding.

Technological advancements have transformed payment processes, with Mobile Point of Sale (mPOS) systems significantly speeding up transactions. However, SoftPOS, a more accessible and cost-effective solution, can dramatically alter how small businesses and micro-entrepreneurs handle payments.