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77% of Egyptian SMEs Consider Digital Payments Crucial For Growth According to Visa Study in collaboration with the Micro, Small and Medium Enterprise Development Agency (MSMEDA)

Fintech Finance

” Malak also emphasized: “The partnership with Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) is a necessary step toward empowering this vital sector, which is one of the main pillars of economic growth in Egypt.”

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When Micro Supply Chain Frictions Create Major Payment Bottlenecks

PYMNTS

While the payment method is far from efficient — paper requires manual data entry, expanding the risk of mistakes and fraud and taking up valuable time — it’s often the actions before the actual act of payment bogging up cash flow. Forrester Research previously predicted businesses will spend $434.9

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How Robots Are Shaking Up The Grocery Industry

PYMNTS

It has gained speed in 2018, showing how fulfillment — in many cases, following the lead of Amazon — is relying less on human participation as eCommerce buyers continue to change their shopping habits and expectations. consumer spending this year on food and beverages, according to PYMNTS research , up from 0.8 percent of U.S.

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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

But it’s clear that the company remains very focused on building financial services products that support its core strategic goal: increasing participation in the Amazon ecosystem. Customers received Amazon gift cards after using Amazon Pay at checkout from a specific list of participating merchants.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. Thrive Capital, Khosla, Kleiner Perkins Caufield & Byers, and Redpoint also participated in early fundraising rounds.As Source: Square. Business lending & corporate cards.

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The metaverse could be tech’s next trillion-dollar opportunity: These are the companies making it a reality

CB Insights

Bridging micro-vibrations, pneumatic systems for force resistance, and motion tracking, this technology can give the impression that digital objects have texture, stiffness, and weight. Headsets (VR): These companies are developing VR goggles — currently considered the main entry point to metaverse applications.