ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan congratulated ...
Read More »Banks face off with fintech rivals in payments war
Bloomberg The humdrum business of helping companies pay suppliers and collect funds from customers has turned into a battleground between banks and technology upstarts, with $250 billion of revenue at stake, according to Oliver Wyman. Fintech firms such as TransferWise Ltd. and Revolut Ltd. are capturing market share from the banks that once had a stranglehold over the wholesale payments ...
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