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Digital ID verification has emerged as a cornerstone of modern cybersecurity, regulatory compliance and consumer protection. Digital ID 2025: Regulatory imperatives Amidst escalating concerns over fraud prevention, privacy and age verification, 2025 is positioned to be a pivotal year in the standardisation and global harmonisation of digital identity frameworks. One of the most prominent regulatory […]

Millions of South Africans remain excluded from traditional financial services due to a lack of formal credit history. Bridging the credit gap in South Africa Without a strong credit score or recorded borrowing behaviour, many consumers struggle to access same day loans, mortgages and many other financial products that could improve their financial well-being. However,

PayPal has launched PayPal Open, a new merchant platform designed to empower businesses of all sizes by consolidating its payments and growth solutions into a single, unified platform. PayPal unveils PayPal Open With access to PayPal’s global network of 400 million active accounts, including 92 million Venmo users, businesses can seamlessly integrate financial tools tailored

The core banking software industry stands at a critical inflection point. Financial institutions, long constrained by legacy infrastructure, seek modern, scalable and cost-effective alternatives – this much we know. Core banking provision arrives at crossroads Simultaneously though, the advent of artificial intelligence (AI) presents a dual-edged phenomenon: enabling transformation while threatening traditional vendor models. More

Visa has long been a trusted name in payments, known for its security, ease of use and global reach. The continued appeal of Visa For millions of players worldwide, it is the go-to payment method for online transactions, and the same goes for online gambling. But what makes Visa such a popular choice for online

In response to the evolving demands of modern consumers, particularly Generation Z, Mastercard has unveiled its innovative One Credential solution. This digital offering aims to consolidate multiple payment methods – such as debit, credit, prepaid and instalment options – into a single, user-friendly platform, granting consumers enhanced control and flexibility over their financial transactions. Generation

The adoption of stablecoins within retail transactions remains in its nascent stages, despite mounting interest from private-sector entities. Stablecoins creeping into retail payments? Federal Reserve Governor Christopher Waller, speaking at A Very Stable Conference in San Francisco, underscored both the potential and the considerable obstacles that must be addressed before stablecoins achieve widespread acceptance. Waller

The fintech ecosystem in Asia is experiencing an unparalleled growth trajectory, with projections indicating cumulative fintech-related transactions will reach $18.9 trillion in 2025, reflecting a 12.6% year-on-year (YoY) increase, according to a recent study. This expansion reinforces Asia’s position as the growing preeminent hub of global fintech activity, with the region expected to account for

In a consequential legal and regulatory milestone for the cryptocurrency sector, Coinbase has confirmed that the US Securities and Exchange Commission (SEC) will terminate its lawsuit against the exchange. Coinbase secures pivotal legal victory If formally ratified, this settlement will culminate in the SEC relinquishing all claims against Coinbase without imposing any pecuniary penalties. The

The Payments Group has published its “Beyond peak finance” report, suggesting that the post-COVID UK finance sector is in freefall. There are now 10,000 fewer finance businesses in the UK compared to 2020, when the number of finance business in the UK peaked, and many sectors including banking and financial management are in rapid decline.