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
Our teams have been working hard over the last few months toward our mission of helping developers build, deploy, operate, and scale their global payments on Nium. Today, we are excited to unveil a new-and-improved documentation site and developer portal. Our redesigned experience makes it easier to access custom API keys, set up custom sandboxes, … Continued
Business is increasingly global, digital, and flexible. To meet the needs of the market, digital platforms are playing an ever greater role in the global economy, growing from a small corner of business activity to what MIT refers to as a ‘global phenomenon’. As the platform concept expands and reshapes the economy, its very definition … Continued
The travel ecosystem is a complex web of businesses, all of which rely on each other to function. From airlines to online travel agents (OTAs) to corporate travel management companies (TMCs), each player in the ecosystem has a unique role to play. And, with all of these different businesses come different payment processes. Now that … Continued
Nium’s CEO and Co-Founder, Prajit Nanu, had an insightful interview with CNBC’s “Squawk Box” at Money 20/20 Amsterdam to discuss his thoughts on fintech’s changing landscape. He shared: “Tougher companies are going to survive. Companies which are not going to be able to raise are either going to get consolidated or shut down.” With the … Continued
Today, the total market capitalization of all cryptocurrencies totals $2.19 trillion, making the asset class the world’s 8th largest economy by gross domestic product. However, at the same time cryptocurrency remains strangely invisible from consumers’ day-to-day lives, remaining the preserve of speculators and bitcoin miners. However, this may be about to change. One of the … Continued
In a digital-first economy, every firm that processes transactions have a financial services component as a part of its customer experience. Embedded finance provides the opportunity for companies to make this component of their customer experience as simple and engaging as possible, while increasing loyalty, retention, and spending. Instead of outsourcing payments to a third-party, … Continued
When it comes to retaining and growing business, ‘stickiness’, or the ability to keep customers engaged with your service, both while using it and repeatedly over time, is essential. Customer stickiness helps you close more transactions by keeping them engaged, while an experience that keeps customers coming back raises their lifetime value significantly. Embedded finance … Continued
Embedded finance has the potential to touch every part of the business landscape, as non-bank companies integrate financial services into their existing experience. Indeed, embedded finance revenues are predicted to reach $140.8 billion by 2025 In this new landscape is the implicit recognition that, for some clients, banks may not always be the most convenient … Continued
Businesses must diligently keep track of all the money inflows and outflows on a day-to-day basis; a time-intensive and complex cycle of monitoring and budgeting. The traditional accounting strategies no longer deliver the efficiency and security needed, a reason why many businesses are looking to digitize their core finance functions. 57 percent of treasurers looking … Continued