Merge Blog

Banking sub-accounts are a next-generation financial solution designed to streamline and accelerate global payments and banking operations for businesses.

Virtual IBANs are digital account numbers that can be used to send and receive payments globally, without the need for a physical bank account. Functioning essentially as subledgers within a traditional bank's demand deposit account (DDA), virtual accounts divide and organise bank data.

The growth and intricacies of global banking APIs are reshaping the financial landscape. From North America's rapid adoption to Africa's mobile-driven surge, understanding these dynamics is key.

From traditional banks to modern financial institutions, there is a surge in integrating AI capabilities, anticipating that the global investment in AI for the FinTech space could hit $22.60 billion by 2025.

Despite the over-glorification of decentralized finance and web3, the reality is much more prosaic. Money has always been and will remain a means of exchange of value, whatever form it may take.

Today’s financial services have turned pretty much every company into a financial services provider or enabler. Even just a simple payment requires a complex chain of fintech actors to make it happen.