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FIs in the CEE region interested in fintech innovation, digital currencies, regtech – study finds

The Paypers

Unchain Fintech Festival has collected data from top banking and fintech representatives for a market study called Fintech Under the Spotlight focused on the CEE region.

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Volocopter, Grab Partner On Air Taxi Study In Southeast Asia

PYMNTS

German urban air mobility startup Volocopter is partnering with ridesharing and payments startup Grab to launch a joint feasibility study to bring air taxi services to Southeast Asia, Volocopter announced on Tuesday (Feb. Joint flight tests will be studied for best-use cases. 18) in a blog post. .

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The High Price Of Payments — And Innovation — In Travel

PYMNTS

Payments costs $75 billion annually for the global travel industry, according to the new PYMNTS Travel Payments Study , an Amadeus collaboration, and 5.4 Innovation Challenges. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S. Innovation Willingness.

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Banks could save more than $70 billion using new tech by 2025

Bank Innovation

The study released Thursday found that the broader group of financial-services firms in the region could save $87 billion to $140 billion through automation and augmentation of more than half […].

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Why Regional Payment Preferences Matter For Global Subscriptions

PYMNTS

Beyond product and strategy, payment methods come with highly regional preferences. A recent study by GoCardless analyzed payment preferences for subscriptions, memberships, bills and installment plans in 10 countries and found a number of regional quirks. One of the biggest issues — especially among U.S.

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Spend Controls Fuel Commercial Card Innovation

PYMNTS

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., as well as the launch of the Flex by Finaxar initiative from Finaxar.

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Duffel Funding Round Adds Fuel To Travel Industry Innovation

PYMNTS

Not only that, but 82 percent of travel companies innovate to combat the loss of customers, and 36 percent of travel companies expect innovations to decrease costs. Other areas of innovation and disruption for the travel industry are heavily focused around payments. That includes the payment of airline fares. Payments Cost.