Published Sep 13, 2021 Online travel agents (OTAs) operate on thin profit margins and must optimise their operations to protect and grow their businesses. One way is through payments, as inefficient payments systems can be costly and jeopardise customer experience – both of which will damage the bottom line. Below are five payment challenges for OTAs … Continued
Published Sep 27, 2021 Payment networks are going through a transformation; the growth in cross-border sales is driving a surge in global payments to keep up with the demands of the modern economy. A global payment footprint not only helps businesses unlock new revenue opportunities but also delivers improved customer experiences. Meanwhile, buyers get to enjoy an … Continued
Published Oct 1, 2021 Company TransferGo is a UK-based Fintech startup on a mission to shake-up the international money transfer sector. Frustrated by poor customer service, large fees and no online service options, its founders launched the firm in 2012 with the goal of making global money transfers as simple as sending a text. They now … Continued
Published Oct 6, 2021 Being able to timely raise invoices and receive payments are the cornerstone of any successful business. Digital transformation and rapidly growing e-commerce have ushered enterprises into a new era where cash flow stability for speedy products and services restocking, and revenue acceleration, are non-negotiables. As market competition intensifies, inefficient old ways of … Continued
Published Sep 24, 2021 The growing gig economy generates £1.9 trillion worth of transactions every year – but with expansion, new challenges have begun to arise. Amongst them are these three key hurdles, which will businesses have to overcome to make their gig economy strategy successful. 1. High cross-borders currency exchange and transaction fees International payments have historically … Continued
Published Oct 7, 2021 This excerpt is part of a longer Aite-Novarica Group syndicated research report and is provided compliments of Nium. Introduction Fintech startups have been successfully cutting into legacy players’ turf for more than a decade at this point. One reason for this success is fintech startups’ plug-and-play capabilities, which allow financial institutions (FIs) … Continued
Nium’s powers transactions in Euros, Indian Rupees, Malaysian Ringgit, Philippine Pesos, Thai Bhat and US Dollars for one of the world’s leading boutique travel marketplaces. Nium also provides a single solution platform that allows the client to send payments globally and receive currency from their customers in key markets. We deliver this capability to the … Continued
Nium’s platform enables cross-border payments for a global bank that ranks in the top ten by deposits in Asia. We process both retail and B2B payments to recipients in multiple countries at scale via API integration. By tapping Nium to offer real-time capabilities, they offer a more competitive solution compared to traditional banks and protect … Continued