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

Today, ConsenSys and Fireblocks announced the integration of MetaMask Institutional (MMI), the web3 wallet for organizations and the first multi-custodial institutional web3 offering on the market, with

PureFacts Financial Solutions, a leader in revenue management solutions for the investment management industry, today announced that its fee and billing calculation engine will be added to the Wove wealth management platform of Pershing X, a technology provider and new business unit of BNY Mellon.

Lentra, the fastest-growing cloud-lending firm, announced raising $27 Million as a part of their extended series B round led by MUFG Bank and Dharana Capital. The software as a service startup had raised $60mn in the series-B round on November 22 by its existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures.

A new survey conducted by First AML has revealed that the majority of business leaders believe that their company's anti-money laundering (AML) procedures can be improved. The survey, which gathered responses from 250 UK business leaders, found that 76% of respondents think that there is room for improvement in their company's AML compliance.

Introduction

Income tax return filing is a compliance requirement and an opportunity to optimize your tax savings. By adopting strategic approaches and leveraging available tax-saving provisions, you can minimise your tax liability and maximize your savings. This article will explore some effective strategies to unleash the potential for tax savings in income tax return filing.