Insights Category: Blog

If I were to pick one thing dominating the world of payments today, impacting the daily lives of businesses and consumers alike, I’d say it is digital wallets. How significant is this global surge of digital wallets, you ask? In less than two years, more than half the world’s population will be using digital wallets.… Continue reading Diving Into Wallets: Exploring the Digital Wallet Ecosystem

Digital wallets are becoming increasingly more relevant. By 2026, over 5.3 billion people in the world will be using digital wallets. That’s more than half of the world’s population! By 2030, wallet transactions will make up more than 50% of the world’s digital payments. An exciting time for the global payments industry? We believe so!… Continue reading Will Interoperability Change the Game for Digital Wallets?

If I were to pick one thing dominating the world of payments today, impacting the daily lives of businesses and consumers alike, I’d say it is digital wallets. How significant is this global surge of digital wallets, you ask? In less than two years, more than half the world’s population will be using digital wallets.… Continue reading Understanding the World of Wallets: From Tech to Type

During the next three years there will be at least 6 billion mobile wallets in hands of consumers, they come in different configurations, capabilities, functionalities and economic models. The researchers at McKinsey, Juniper, CapGemini, Accenture and others are in consensus about the critical role this digital containers play in payments and money movement. We have… Continue reading What’s Your Wallet Strategy?

The Paris 2024 Summer Olympics witnessed millions of sports fans pouring into the city to soak up the experience – catching the games, visiting the Louvre, booking a stay near the River Seine, or getting their hands on the muffins made famous by Olympic Muffin Man, Henrik Christiansen! But this year, the Olympic Games weren’t… Continue reading The winning move: How digital payments are revolutionising international sporting events

In a small village in Bangladesh, Ayesha, a mother of two, waits eagerly each month for the remittance her husband sends from overseas. This money is vital, helping to pay for her children’s education, medical bills, and daily living expenses. Yet, traditional ways to send money are slow and expensive, eating into the precious funds… Continue reading Profit with purpose: How TerraPay is enabling gender equality and poverty alleviation 

Flagship Advisory Partners’ Executive Interview Series provides readers with exclusive insights from thought leaders in the payments and fintech industry. This edition puts the spotlight on TerraPay, a leading fintech that serves businesses and fintechs in the B2B cross-border payments space. Flagship Advisory Partners met with Ram Sundaram, Co-Founder and COO of TerraPay to learn… Continue reading Flagship Advisory Partners’ Executive Interview Series

The last three years have revealed the resilience and need for travel companies to evolve from the antiquated processes that have hindered their capabilities to expand. More importantly, it has exposed the need to implement a payment strategy that will leverage revenue diversification. We have all learned throughout this period that the travel industry has… Continue reading Emerging markets transforming the global travel payment landscape

While hardly a new technology, virtual cards are poised to become a much more dominant force in the payment sphere in the coming years. It’s projected that there will be 32 billion virtual card transactions around the world this year, and by 2027 that volume will be more than 121 billion. By then, the United… Continue reading Leveraging innovation to solve pain points in B2B travel payments

The World Bank and KNOMAD (Global Knowledge Partnership on Migration and Development) published their latest report in June 2023, ‘Remittances Remain Resilient but Are Slowing; Migration and Development Brief 38’. The Migration and Development report captures key developments in remittance flows that have occurred since the previous brief in November 2022. Projections have been made… Continue reading Migration and remittances: Unveiling some key drivers of global development