Transforming Payments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

While fears about AI abound, the technology can still be a boon — even if it’s just making the shopping experience better, Forter's Doriel Abrahams said.

It is the bridge that connects sellers to buyers, merchants to customers, and utilities to their users. It is what enables transactions and makes the delivery of services or good possible. The payments function, in short, is what keeps the economy spinning. Without an effective and efficient payment system, the wheels of trade and commerce will inevitably come to a grinding halt. Conversely, when done well, payments can transform businesses, sectors and entire regions, while also delivering superlative value to consumers. Magnati, the fully owned payments subsidiary of First Abu Dhabi Bank (...