AnalystXpress
POSTED BY Michael Greenwood
Instant payments, also called real-time payments, are a form of electronic payment that is available 24/7/365, with the payment processed and funds made available to the recipient instantly. However, its biggest players must address several growing challenges impacting adoption among consumers and financial institutions.
Smart grid deployments can yield significant benefits not just for industry, but for the environment and society. This blog, therefore, highlights the diverse benefits of smart grids, how their underlaying technologies achieve these, and where these are needed, what stakeholders can do to drive improvements.
POSTED BY Dominique Tetnowski
The biggest concern with regards to embedded finance surrounds the process of data sharing. While there are some regulations in place, there are many developments that must happen to ensure the market grows sustainably. This blog, therefore, will explore the challenges to future growth in several key embedded finance markets, as well as what steps must be taken by stakeholders to mitigate these.
POSTED BY Elisha Sudlow-Poole
Originally coined in 2015 by Chris Messina, conversational commerce has become an increasingly familiar term in the communications and eCommerce markets. It refers to the intersection of messaging apps and online retail: more specifically, the process by which end users of conversational devices, such as smartphones, are able to leverage them for commerce purposes, including retail and banking, through a chat interface.
But what benefits are driving this market? And how can vendors successfully leverage these for growth?
Border protection agencies are under increasing pressure to maintain the highest level of security in the face of growing threats, such as increasing illegal migration and terrorism. As such, agencies are embracing advanced border security technologies to aid in effectively and reliably securing borders.
Automation promises to reduce the manual labour and time cost associated with reconciling B2B payments, for instance, by facilitating automatic invoice matching, aggregating data and comprehensive analytics, and managing supplier relations. However, before the benefits of automation can be understood, it is first helpful to understand the channels that B2B payments can take, both in domestic and cross-border markets.
Amid an expected decline in ARPC (Average Revenue per Connection) over the next five years, primarily driven by an industrywide ‘race to the bottom’ in terms of 5G pricing, network operators are looking to value-added services as a means of enhancing revenue streams and the end-user experience. Indeed, the value-added service aspect of 5G can contribute more to revenue generation than their core business of providing the underlying connectivity.
Considering the many drawbacks to using a manual expense management process, there is a strong incentive for businesses to adopt automated travel and expense management solutions. However, there is still a high degree of confusion among large enterprises – that is, the stakeholders who stand to benefit the most from ‘decluttering’ expense management processes - regarding the full range of services that these solutions offer.
POSTED BY Michael Greenwood
Compared to other developing countries, India has been relatively quick to adopt virtual cards. This adoption has been driven, in no small part, by how the SBI (State Bank of India) began issuing their own B2B (Business-to-Business) and B2C (Business-to-Consumer) virtual cards in 2017; with the consumer virtual cards having a minimum amount issued of $1.26 (₹100) and a maximum amount of $629 (₹50,000).
MaaS-powered subscription models provides a significant opportunity for transport providers not only to change the way users travel, but to generate new revenue streams – a vital necessity following the disruption caused by the pandemic, and one which will grow in importance as consumers in major markets, such as the US and UK, grapple with growing inflation and increases in everyday essentials such as transport and fuel.