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MyGuava Business is Helping Local Businesses in the UK Save Money on Payments

Fintech Finance

MyGuava Business is changing this by providing local businesses with high-quality payment solutions that big enterprises enjoy but at a significantly lower cost, thanks to technology that was built in-house. For in-store payments, our advanced POS terminals enable seamless transaction processing at just 0.6%

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Digital Wallets and Open Banking Set to Dominate Payments in 2025, According to Merchants

Fintech Finance

A majority of respondents (59%) noted that consumer demand for convenience is the top driver of innovation, followed by advances in technology (52%) and regulatory changes (49%), underscoring the competitive advantage of seamless, user-friendly payment solutions.

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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

Ricky now serves as Managing Director for South Asia at TBCASoft, a global fintech driving next-generation cross-border NFC and QR person-to-merchant (P2M) payments using blockchain-based technology. Banks also save on integration costs, with fewer systems to manage and maintain.

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Top 9 Amazon Textract alternatives for data extraction

Nanonets

Docparser Docparser template-based extraction Docparser offers a rule-based approach using zonal OCR technology. VRS (VirtualReScan) technology for image enhancement 5. OCR (Optical Character Recognition) is a technology that converts images of text into machine-readable text. 💡 Key features: 1.

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National Bank of Canada prioritizes cost management in Q1

Bank Automation

National Bank of Canada focused on cost management and overall efficiency as it boosted tech spend and pulled back on headcount in the first quarter of 2024. 31 as the bank continued to invest in technology across […] Tech spend grew 3.6% year over year to $CA259 million ($190 million) for the quarter ended Jan.

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Lloyds Bank’s operating costs up 11% YoY

Bank Automation

Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in technology. Cost management remains a core discipline for us as a group,” Chief Financial Officer William Chalmers said during the bank’s earnings call today.

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Yoba Smart Money, Nets Partner On SMB Payments

PYMNTS

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. The service is expected to launch in 2021 in Luxembourg after regulatory processes, and after that it will be debuted in other European markets, the release stated.