Weekly Fintech Update:

Navigating the Future of Payments

Join us for a whirlwind journey through this week's standout moments in the payments realm, exclusively on Couchonomics Reels in collaboration with Magnati.

This Week's Glimpses:

  • Visa's monumental investment in generative AI firms paves the way for the next era of payments and commerce.

  • Ireland steps up, offering double child benefit payments before Christmas, lightening the burden of living costs.

  • Coinbase secures its position in the Asian market, winning a full payments license in Singapore.

  • High interest rates steer auto loan payments to new peaks, reflecting global financial trends.

  • Kenya integrates into the Pan African payment system, fostering local currency transactions among East African nations.

  • In India, the wave of cashless payments swells, accumulating a staggering 64 billion dollars for banks.

  • The UAE witnesses a shift in e-commerce as payment cards dominate, constituting over 40% of transactions.

  • Venture capital firm A16z champions the evolution of cross-border payment systems, echoing the global need for seamless transaction avenues.

  • A RuPay-inspired payment card scheme is on the horizon for the UAE, slated for a 2024 launch.

  • Saudi Arabia's tourism financials soar, achieving an astounding 327% growth in the first half of 2023.

Dive Deeper with Couchonomics:

Every week, Couchonomics, in partnership with Magnati, keeps you abreast of the riveting turns and shifts in the fintech world. We cut through the noise, delivering curated insights and essential updates from the rapidly evolving payments ecosystem.

At the crossroads of innovation and transformation, Couchonomics aligns with Magnati to be your beacon in the sprawling world of fintech. Stay informed, stay ahead, and watch the global narrative of payments unfold with us!

For deeper dives, industry trends, and the pulse of fintech, don't miss out on Couchonomics Reels - your trusted companion in the world of financial innovations, proudly brought to you in partnership with Magnati.

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16 October, 2023

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02 October, 2023