The series of bank collapses this month, starting with Silicon Valley Bank, had an undeniable ripple effect on the technology community and beyond, sparking dialogue and debate over how a culture of risk management could have prevented its demise. What are the options available for businesses to safely store funds in these economically volatile … Continued
Nium is proud to co-sponsor the “Women’s Empowerment Program,” in partnership with FIS Global, with a joint donation to the Cricket Builds Hope foundation. Cricket Builds Hope’s unique program, designed to incorporate cricket as a tool for social change, empowers low-income young women in Rwanda to unlock their leadership potential through workshops that focus on … Continued
Currency support for popular tourist hub allows Nium customers to issue a virtual card and spend in AED for fast payments, reduced complexity, and improved transaction-level controls By Christian Falzon, Product Director, Nium Travel The United Arab Emirates (UAE) are a must-visit country with fantastic attractions, world-class dining, and luxurious resorts. But, the UAE is … Continued
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
Nium Enterprise Study In the 2022 AFP Electronic Payments Survey Report, organizations’ major business customers utilize a range of payment methods with 54% citing that the speed of payment is a significant driver in the adoption of digital payment methods.[1] With the frenetic pace of globalization, technological development, changing consumer trends, and outdated regulatory frameworks, … Continued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
Over the last decade, a new and exciting range of software has emerged to help businesses modernize and automate employee and department spending: spend management platforms. With their help, finance teams can now manage and reimburse receipts and expenses in a frictionless, digital fashion. But in the years following the pandemic, the world of work … 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.
Latin America is one of the world’s premier growth markets. According to the World Bank, after a 6.9% rebound in 2021, the regional Gross Domestic Product (GDP) of Latin America and the Caribbean is expected to grow by 3% in 2022, a higher rate than expected due to higher commodity prices and ahead of the United … Continued
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