Weekly Fintech Update: Insights and Developments in Payments

Welcome to another episode of Couchonomics Reels in partnership with Magnati, where we bring to the forefront groundbreaking developments and updates in the fintech and payments sphere.

This Week's Highlights:

  • WhatsApp expands its reach in the financial domain by introducing chat payments to the populous market of India.

  • A strategic collaboration between Visa and Neopay is set to introduce Buy Now Pay Later (BNPL) services to consumers in the UAE.

  • MetaMask evolves, providing its user base with the ease of cashing out crypto to fiat and facilitating transfers to bank or PayPal accounts.

  • A recent study uncovers the rising consumer trend, revealing that 43% of shoppers are inclined to abandon purchases if not presented with a BNPL option.

  • Wise and Swift unite to refine and hasten cross-border payments, allowing seamless transactions across borders.

  • Bank of America is enhancing its virtual assistant, CashProChat, by integrating Artificial Intelligence to elevate customer service experiences.

  • Ingenico’s latest partnership with DiggerCard incorporates a diverse range of gift card options directly to Point Of Sale (POS) systems.

  • According to a fresh payments report, 53% of diners exhibit a higher likelihood of revisiting a restaurant offering cash back cards.

  • Banque Delubac & Cie collaborates with Finastra Payments to facilitate instant payment services across Europe.

  • InfinitePay brings forth contactless payment solutions to iPhone users in Brazil.

Dive Deeper with Couchonomics:

Join us and stay informed with the ever-evolving landscape of fintech and payments. This weekly series promises a wealth of knowledge, detailed insights, and a comprehensive overview of the latest trends and innovations in the industry.

Couchonomics, in alliance with Magnati, remains your reliable source for all payments-related content, catering to enthusiasts, experts, and everyone in-between. Stay tuned, stay informed, and watch the fintech world unfold with us!

For more intriguing and insightful content on the dynamic world of payments and fintech, follow Couchonomics Reels, your weekly window to the world of financial technology innovations, in partnership with Magnati.

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02 October, 2023

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18 September, 2023