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From Nomad Trails to Digital Rails: Kazakhstan’s Banking Revolution

The Fintech Times

The horse in front Just like the vast natural grassland of the Kazakh Steppe, which lies in contrast to the modern cities of Astana and Almaty, so is the traditional banking landscape (dominated by three large banking groups) contrasted by a fast-moving digital leader – Kaspi.kz (Kaspi). However, this was not the case for Kaspi.

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100+ Payment Industry Terms Explained in Plain English

Clearly Payments

Authorization An authorization is a request to the cardholders bank to approve a charge. Acquirer (Acquiring Bank) The bank or processor that works with the merchant. Issuer (Issuing Bank) The issuing bank is the bank that gave the customer their credit or debit card.

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Is Zero Cost Credit Card Processing Suitable for Your Small Business?

EBizCharge

Credit card processing fees are comprised of several fees, such as: Interchange fees: Interchange fees are paid to the card-issuing bank and typically consist of a percentage of the total transaction amount plus a small, fixed charge. Review your average sales volumes and whether you primarily process in-person or online transactions.

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Best New Fintech Products & Trends of 2024

Fintech Labs Insights

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. However, well refrain from listing funding rounds since they are covered widely online.

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Best Veryfi OCR alternatives for data extraction

Nanonets

While its free mobile app and API integration make it flexible for many users, its limitations, such as a 15-page processing cap and strict API rate limits, can hinder large scale document processing.  Features that matter Automated data capture: Extracts key details from bills and receipts via mobile, email, or desktop uploads.

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Amazon (AMZN) Analysis: Performance, Market Dynamics, and AI-Driven Insights as of June 17, 2025

Finextra

online sales, are poised to capitalize on easing trade tensions, as Amazon sells and facilitates imported goods. On June 16, the broader market saw gains, with the Dow, S&P 500, and Nasdaq rising amid optimism over contained geopolitical tensions between Israel and Iran, boosting risk appetite.

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European banks raise concerns over UK’s proposed cap on interchange fees

Neopay

European banks have expressed “serious concerns” regarding the UK Payment Systems Regulator’s (PSR) plan to cap interchange fees on cross-border digital transactions. They warn that the proposed cap could lead to losses on transactions due to the increased costs associated with digital wallets like Apple Pay and Google Pay.

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