SHENZHEN, China, Nov. 7, 2024 /PRNewswire/ — 2023 was a pivotal year for the FinTech industry, marked by four major trends in the global FinTech landscape: the maturation and extensive application of AI technology, the rise of emerging payment technologies, the convergence and innovation of diverse technologies, and an increased focus on privacy protection. Fueled by these technological advancements, the adoption of innovative payment technologies is empowering cross-border payments, delivering improved quality and efficiency. This progress is primarily reflected in the following aspects:
1. Accelerating with AI to Enhance Transaction Efficiency
AI technology’s high efficiency in real-time processing and analyzing massive datasets provides a dynamic approach to risk assessment, fraud detection, and regulatory compliance, ensuring a smoother and more secure payment environment.
2. Embedded Transformation Facilitates Global Expansion
The integration of technologies such as blockchain, open APIs, and digital services is revolutionizing cross-border commerce. It is not only resolving various financial challenges in cross-border commerce, including payments, funding, and compliance, but also establishing a new collaborative ecosystem for payment. This ecosystem allows global SaaS platforms and cross-border payment platforms to form a financial services network, enabling merchants to focus on their core business operations.
3. Digital Operations Enhance Market Insights
With the extensive application of technologies like big data, AI, and machine learning (ML) in cross-border commercial scenarios, merchants are leveraging data-driven decision-making to achieve seamless integration across channels, optimize the consumer shopping experience, and enhance transaction convenience, security, and efficiency through intelligent payment routing technology.
Global digital payment technology solution and service provider, Oceanpayment focuses on building payment infrastructure to connect cross-border e-commerce businesses with target market consumers. By actively monitoring global technology advancements and financial service trends, it ensures the offerings remain at the forefront. Payment technology, products, and operational support are designed for diverse industries with the commitment to supporting cross-border business scenarios.
Oceanpayment’s comprehensive technical services span multiple sectors, including cross-border e-commerce, digital content, travel and hospitality, education and training, software and gaming, and international airlines. Cross-border business owners can now unlock services including global acquiring, OMO (Online-Merge-Offline) business services, business risk control, and financial services. Expert technical integration and product services are also in place to ensure secure, stable, orderly, and swift data interaction among consumers, merchants, card networks, and issuing banks while effectively managing and safeguarding fund security.
- Fast and mature global payment infrastructure
- AI-driven fraud detection and risk assessment
- Acquiring as a Service opens up new pathways for payment innovation
- New embedded financial services provide secure, seamless global payment and technology solutions for businesses
As globalization continues to advance, companies are encountering growing opportunities to expand into international markets. Oceanpayment actively participates in global market expansion and has recently earned recognition from partners worldwide for its expertise at the prestigious “Singapore FinTech Festival”. Looking ahead, Oceanpayment will deepen its involvement in the FinTech development ecosystem. We will create more diverse payment solutions tailored to various scenarios, promote international trade and cultural exchange, and contribute to a more diversified and balanced global economy.
Company Name: Oceanpayment
Contact Person: Kico
E-mail: kicoxu@oceanpayment.com
Phone: 0086-18751894863
Website: www.oceanpayment.com
City: Shenzhen
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