Trends, DigiPay.Guru and Insights - December-Wrap Newsletter!
Welcoming the new year with a new newsletter and new insights from the fintech industry. 2025 is here and DigiPay.Guru has not stopped innovating, sharing industry news, and contributing expert insights in the space.?
Let’s get straight to it!?
|The industry trends
JP Morgan in talks to replace Goldman Sachs as Apple’s credit card partner
JP Morgan Chase is reportedly in advanced talks to replace Goldman Sachs as Apple’s credit card partner, according to The Wall Street Journal. This potential shift comes amid Goldman’s retreat from retail banking have sparked speculation about Apple’s next move in the fintech space.
With their partnership powering key offerings like Apple Card, BNPL, and savings accounts, a switch to JP Morgan could significantly impact the fintech landscape and Apple’s financial services strategy.
NBFCs in the need to revisit their business model in India?
India Ratings (Ind-Ra) has cautioned fintech NBFCs to revisit their business models and curb loan disbursements amid tighter funding and regulatory concerns. With rising funding costs and pressure on asset quality, Ind-Ra expects fintech NBFCs to tweak risk frameworks and lending parameters in FY25.?
This could delay operational breakeven for some players. The slowdown in disbursements may also impact asset quality ratios, which signals a shift from rapid growth to consolidation in the fintech lending space.
FOMOPay and Mastercard partnership to launch contactless card payments?
FOMO Pay has partnered with Mastercard to launch FOMO SoftPOS. This will enable merchants to accept contactless card payments via smartphones. Leveraging Mastercard’s Cloud Commerce, the solution eliminates the need for physical POS terminals while offering scalable, cost-effective payment options.?
With over 90% of Singaporeans using contactless payments, this innovation aims to boost SME adoption by reducing hardware costs and driving financial inclusion. FOMO SoftPOS empowers businesses to accept payments anywhere, which supports the growing demand for seamless & digital-first payment solutions.
|The DigiPay.Guru innovations
We at DigiPay.Guru, are committed to offering the best-in-class digital payment solutions so that you can offer seamless, secure, and extraordinary digital payment services to your customers.?
For that, we keep innovating and launching new and better versions of our solutions and features. Some key innovations in December were:
DigiPay.Guru’s security is redefined?
DigiPay.Guru has refined their approach towards security. Yes, you heard that right. We are even more secure and robust than ever. Wondering how?
We are secured with high-security standards like PCI SSF, SOC (Type 1 and Type 2), and ISO 2700. We offer comprehensive security solutions for digital payment platforms:
Plus, we ensure:
All mobile money features under one umbrella?
We have also launched an all-inclusive feature page for our mobile money solution. This will give you a complete glimpse into all that our mobile money feature stands for.
The key features include:
We have explained all these features and their sub-features on this page. So go ahead and check it out.
All international remittance features under one roof?
Similarly, we have also launched an all-inclusive feature page for our international remittance solution.?
The key features of this solution would include:
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We have explained all these features and their sub-features on this page. Do check it.?
|DigiPay.Guru’s resourceful insights?
We don’t stop here. We also make it a point to share our valuable insights into the fintech space with our resources. These insights are given by our fintech experts who are expertized and experienced in the fintech space for at least a decade or more.?
The December resources are as under:
How do exchange rates work and how do you choose the right rate providers?
Many businesses like yours are offering international remittance services in the market. But, to stand out, you need to offer more than just an international remittance service, you need to offer advanced features that can make cross border payments fast, secure, and reliable for your customers.
Offering these advanced features can boost the revenue streams for your business and increase your customer base effectively. One such advanced feature is - exchange rate management. But, to understand the best money transfer exchange rate, you need to first understand what are exchange rates and how they work.
In this blog post, we will make it all easy for you to understand exchange rates and rate providers in detail.?
The future of agency banking in Kenya
The number of active agent outlets per 1,000 square kilometers in Kenya was 566.47574
Agency banking has become essential in countries where banks cannot reach or establish a traditional branch. It is transforming the accessibility to financial services by bridging the gap between traditional banking and underserved populations.
It brings an incredible opportunity for banks like you to offer your banking services to anyone around the globe. This also allows you to expand your reach and boost financial inclusion.
The same is true for agency banking in Kenya, East Africa. With financial inclusion becoming a priority for businesses in the financial sector, the future of agency banking in this country can look better than now.
In this blog, you will explore a brief overview of agency banking, the key services it offers in Kenya, and the future trends in agency banking in Kenya.
Digital wallet fraud – What is it and how to prevent it
Digital wallets have revolutionized the way you serve your customers. From seamless transactions to instant payments, digital wallets make managing money easier. Hence, more and more people are adopting this payment platform for payments.
However, with rising adoption comes a concerning trend—digital wallet fraud. Businesses like yours are facing challenges in keeping fraudsters at bay while safeguarding their data and users.
But, the stakes are high. A single breach can lead to financial losses, lost customer trust, and regulatory penalties. So, how can you tackle this growing menace?
This blog will help you understand what is digital wallet fraud? how does digital wallet fraud happen? why are digital wallets a target for fraud? Plus, the impact of digital wallet fraud on your business, and how to prevent digital wallet fraud & more.?
|Final thoughts?
As we step into 2025, DigiPay.Guru continues to drive innovation, deliver secure solutions, and share valuable insights to keep you ahead in the fintech game. Here's a quick wrap-up:
This year, let’s grow, innovate, and redefine financial services together. If you have any questions or want to explore any of our solutions, please contact our fintech expert.?
Stay tuned for the next newsletter!
Founder & CEO at Teknoloje Solutions | HealthTech | FinTech | AI | IOT
1 个月A great wrap-up highlighting key trends! With over 10 years of experience in fintech and healthcare app development, I’ve seen how insights like these can drive innovation. How do you see DigiPay.Guru’s strategies influencing digital payment adoption in emerging markets? Would love to hear thoughts!