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PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro Businesses

Fintech Finance

PNC Bank announced the launch of PNC Mobile Accept ® , a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app. To apply or for more information about PNC Mobile Accept, please visit [link].

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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

Visa is committed to working with our partners across the ecosystem to unlock the full potential of digital payments for all Egyptians – individuals and businesses alike.”

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SumUp Introduces Suite of New Solutions to Address Merchant Pain Points

Finovate

These solutions include an in-house Tap to Pay solution for Android, and a number of new features to its platform designed to help merchants of all sizes improve cash flow, efficiency, and customer engagement as they scale. Tap to Pay is currently active in Europe and Brazil.

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Deep Dive: Plaid - Products, Tech, and Business

Finextra

Instead of waiting days for micro-deposits, a fintech app can use Plaid Auth to confirm a bank account in seconds, enabling features like funding a neobank account or paying a friend on Venmo. The Auth product allows apps to instantly authenticate a user’s bank account and retrieve the account and routing numbers needed for ACH transfers.

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India’s Digital Payment Revolution: A Decade of Unprecedented Growth

Fintech News

The system is widely used across India for a variety of financial transactions, including peer-to-peer (P2P) payments, bill payments, and online shopping, accounting for 53.4% Digital payments growth predictions The digital payments market in India is projected to grow further in the coming years.

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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.

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11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

Funding Societies Funding Societies illustration, Source: Funding Societies Established in 2015, Funding Societies is a regional fintech company that specializes in providing financing to micro, small and medium-sized enterprises (MSMEs). In 2023, the Group expanded its offerings into Germany, signaling its entry into the European market.