Remove Economy Remove On-Demand Remove Volume
article thumbnail

RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

Fintech Finance

This extraordinary increase reflects the growing demand for faster, more transparent, and always-available payment solutions from consumers, businesses, and the financial community. January 31, it also set new single-day records for payments volume (1,592,419 transactions) and value ($1.44 billion).

RTP 59
article thumbnail

BPC Launches New Report Exploring the Future of Next-Generation Acquiring in the Digital Economy

Fintech Finance

As digital transactions become the norm, acquiring systems must evolve to accommodate a projected 30% increase in merchants accepting electronic payments by 2028 and the growing demand for faster, more seamless transactions. By 2030 success will depend on future-proven and cloud-native systems that empower merchants.

article thumbnail

What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says. These platforms are bridging credit gaps, playing a crucial role in the supporting local economies.

FinTech 119
article thumbnail

Payment Processing USA: 2024 Market Overview

Clearly Payments

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. Total Transaction Volume : The U.S. Credit Card Transaction Volume : Credit card payments specifically accounted for around $5.6

Process 105
article thumbnail

OKX Australia Names Kate Cooper as New CEO

Fintech News

Her previous experience also includes Head of Innovation at Westpac and her current position as a board member of the Digital Economy Council of Australia (DECA). The platform also provides direct AUD deposits and withdrawals for Australian customers. I’m excited to join OKX at this pivotal moment.

APACS 108
article thumbnail

Stripe’s Total Payment Volume Reaches $1.4t as Long-Standing Investments in AI Pay Off

Fintech Finance

trillion in total payment volume in 2024, up 38% from the prior year, and equivalent to around 1.3% Stripes growth to date is evidence of the intense market demand for programmable financial services. Stripe , the financial infrastructure platform for businesses, today shared that it processed $1.4 of global GDP.

Volume 52
article thumbnail

Airwallex Processing Volume Surges Past $100 Billion

Fintech Finance

Airwallex , a leading global payments and financial platform for modern businesses, has surpassed $100 billion in annual processing volume, up 73 percent year-on-year. Airwallex has seen growing volumes across all products, including payments, FX, payouts, and issuing, and an annual run rate revenue approaching $500 million.

Volume 97