Latin America has climbed the ranks to become one of the leading emerging markets, promising strong potential as a regional business hub in the making. This change is driven by increased digitization, and a focus on fast infrastructure development, especially to modernize domestic and cross-border payments. According to Nium’s research, a rise in internet access, … Continued
As the Official Fintech Infrastructure Partner of the International Cricket Council (ICC), Nium is proud to support the Women’s T20 World Cup Tournament this month. Nium’s mission of building the top-tier fintech payments infrastructure for global businesses is being driven to reality by women leaders worldwide, breaking down the barriers to ensure equality, inclusivity, diversity, … Continued
By Song Chin, V.P. of Technical Services Contrary to common belief, commitment to customer success is not the responsibility of a company’s particular department. In fact, ensuring that customers’ needs are identified and met is an area of ownership that the entire business should take. As Nium builds the top-tier fintech payments infrastructure to support … Continued
Summary Global air travel has been fast rebounding, and there has never been a better time for the travel industry to rebuild the synergy of the ecosystem. For airlines, because of razor-thin margins, operational optimization has become the key focus. Technological innovation in facilitating B2B travel payments has evolved rapidly, and Nium has pioneered a … Continued
To learn out more about how gig platforms can succeed in a changing world, download the eBook: Paying It Forward: The Future of Payments in the Gig Economy, or get in touch with a Nium payments expert for a personalized consultation.
The shape of work is changing rapidly as new opportunities for direct, gig, and freelance careers arise. Additionally, organizations have discovered that they do not need to employ all their employees in one place: remote workers can be productive with just a few people, local or international, depending on what’s needed. According to a survey … Continued
Air travel is a complex ecosystem, with many stakeholders involved, from booking to arrival at the destination, all linked by payments. However, when it comes to moving money, the burden falls harder on airlines, and these costs add up. In 2019–the last tracked year of ‘normal’ air travel–airlines spent $20.3 billion on payment costs – … Continued
Travelers love online travel agents (OTAs). Today, 41% of travelers admit they prefer booking via OTAs, while 29% book direct and 29% book via travel agents. This is reflected in the immense value in the market, with the online travel industry generating revenue worth more than $800 billion in 2021 and expected to hit $1463.98 … Continued
With the Men’s T20 World Cup officially going home to new champions, we’re pleased to share our last blog of the change-makers series. Allowing us to open the doors to sharing the lessons behind the scenes from our selected leaders at Nium; we hope that you enjoyed being a part of these enlightening conversations as … Continued
All over the world, the shape of work is changing. Today, there are an estimated 1.1 billion freelancers worldwide – many of which work with clients overseas. For businesses and workers, however, this presents a number of payment challenges. Costly cross-border payment fees eat into businesses’ bottom lines, while lengthy delays impact the lives of … Continued