Technology

This deal is the fifth investment for Gulf Capital in the technology sector and is part of its efforts to develop the payment and digital financial transaction sector in the area.

More than 1 million jobs will be lost to AI by 2030, according to one estimate. But new jobs are also being created. Are banks and their employees ready?

Microsoft will use the Stripe Connect platform to enable hundreds of millions of Outlook users to immediately pay invoices and bills received via email in more than 135 countries.

Companies such as FleetCor, WEX and U.S. Bank Voyager are in a fierce competition that's driving a wave of innovation as these companies look for advantages in fuel, lodging, tools and other expenses.

The bank and European air carriers are hoping to cut into air fare payment fees that are as high as $8 billion per year.

Often touted as Africa’s answer to online retail giant Amazon, Jumia wants tenfold growth in revenue from Egypt and sixfold growth in the number of products offered on its platform to 12 million by 2021.

Regulatory initiatives have erupted across the globe that call for the implementation of immediate payment systems, writes John Mitchell, CEO of EpisodeSix.

Bank agrees to pay $480 million to investors related to the phony accounts scandal; Daniel Tarullo’s Fed departure called a turning point on oversight.

Only through data can issuers create a superior digital customer experience and provide strategic guidance to help on-the-go customers, writes Lisa Woodley, vice president of FSI customer experience for NTT Data Services.

A challenge for governments and banks in emerging countries is persuading consumers and small businesses to move from the informal cash economy to electronic payments. A project in Peru may be the answer.