Banks need better cooperation with SMEs to grow the economy as 70 per cent of businesses have abandoned overseas expansion plans due to a lack of resources and support, according to industry experts at Money 20/20.

Almost three quarters (72 per cent) of business owners feel their banks provide ‘very limited’ support around international finances, revealed the SME Empowerment Report from financial toolkit, HedgeFlows.

We are delighted to announce that BMLL has won the ‘Best Data Science Solution’ at the Hedgeweek US Emerging Manager Awards 2023. The award recognises excellence among hedge fund emerging fund managers and service providers. The nominated firms were drawn from a widespread survey of more than 100 emerging hedge fund managers.

Africa has experienced extraordinary growth in internet penetration over the past decade, fuelling a digital revolution across the continent. The number of internet users has skyrocketed from 162m in 2013 to a projected 580m by the end of this year. This rapid expansion of internet access and the widespread availability of affordable mobile phones has created a vibrant online economy and digital banking ecosystem.

ION, a global leader in mission-critical trading and workflow automation software, high-value analytics, and strategic consulting, announces three of its products won at the 2023 TradingTech Insight (TTI) USA awards.

Computop, the international payment service provider (PSP), has today announced that it has been certified by Green Software Design (GSD), an initiative of German IT firm Syngenio. The certification recognizes Computop’s contribution to making its software climate-friendly, including taking resource consumption into account when programming software applications.

Sezzle, a leader in the alternative payments industry, recognizes the challenges everyday life can throw at people from the littlest everyday expenses to life-changing events. With over 60% of U.S. consumers living paycheck-to-paycheck, Sezzle believes that finding The Responsible Way to Pay^TM is now more important than ever.

With many East Asian countries including China making travel restrictions a thing of the past in 2023, global tourism is expected to spike, and Europe is expecting an influx of visitors. 

Chinese travellers have historically been strong spenders when in  Europe, as well as across the rest of the world. European retailers have so far benefitted from this spending, however many still lack the critical tools to properly cater for it – a familiar payment system.  

CellPoint Digital, the global pioneer of Payment Orchestration, today announces it will orchestrate payments for GOL Linhas Aéreas Intelligentes S.A. (translated to ‘GOL Intelligent Airlines S.A.’), the Brazilian low-cost airline based in São Paulo.

The way we make payments is rapidly evolving, owing to the rise of fintech innovations. The traditional concept of physical currency is gradually giving way to digital transactions and the emergence of a cashless economy. From mobile payments and digital wallets to blockchain technology and contactless solutions, we will delve into the transformative power of fintech in shaping the payment landscape.

Rise of Mobile Payments and Digital Wallets