Why ShipMoney is Different Than a Neobanking Institute
Why ShipMoney is Different Than a Neobanking Institute While both ShipMoney and traditional neobanking institutes offer digital payment solutions, ShipMoney stands out due to its specialized services tailored specifically for the maritime industry. Here’s why ShipMoney is superior for maritime companies: 1. Specialized Maritime Focus: Unlike general neobanks, ShipMoney is explicitly designed for the maritime […]
Read moreThe Impact of AI on Cross-Border Payments Security and Maritime Payment Solutions
The Impact of AI on Cross-Border Payments Security and Maritime Payment Solutions Part 1: Introduction and Background Introduction In today’s globalized economy, cross-border payments are the lifeblood of international trade, enabling businesses and individuals to transfer funds across national boundaries. However, these transactions often face challenges related to security, speed, and cost. With the increasing […]
Read moreEmmission Reducing Reporting Mechanisms in Shipping
What Reporting Mechanisms Exist to Ensure Shipping Reduces its Emissions? In 2022 international shipping accounted for about 2% of all global energy-related CO2 emissions so clearly something has to be done to reduce this. The European Union Emissions Trading System (EU ETS) is a cap and trade system designed to reduce greenhouse gas emissions within […]
Read moreData Analysis and its Impact on Shipping
New technology is having a profound impact on the shipping industry bringing about huge changes in working practices and creating major operational efficiencies. With the increasing availability of data from vessels, ports, and supply chain systems, the maritime industry is leveraging data analysis techniques to unlock valuable insights, enhance operational efficiency, and make informed decisions. […]
Read moreDigitizing life and experiences at sea
In recent years, wearables have emerged as one of the most exciting and transformative trends in the world of technology. These innovative devices, typically worn on the body, offer a wide range of functionalities, from fitness tracking and health monitoring to smart communication and augmented reality experiences. As technology continues to evolve and permeate various […]
Read moreHarnessing the Power of Data Analysis in the Maritime Industry
In today’s digital age, data analysis has emerged as a game-changer across various industries, and the maritime sector is no exception. With the increasing availability of data from vessels, ports, and supply chain systems, the maritime industry is using ioCurrents to leverage data analysis techniques to unlock valuable insights, enhance operational efficiency, and make informed […]
Read moreWill we still be using cash in twenty years’ time?
Smart technology and the digital revolution has revolutionized the way we pay for goods and services. We are living through the fourth revolution which is characterized by a fusion of software technologies such as artificial intelligence (AI), the internet of things (IoT), and blockchain which is transforming the way we do business and pay for […]
Read moreConsigning CTM to History
Sometimes a ‘false start’ can be the best start. Felicity Landon finds out why digital payment solutions specialist ShipMoney is thriving The digital payment solutions provided by ShipMoney include crew wages, cash-to-master (CTM) payments, allotments, international corporate remittances, network payments, money transfers, payroll advances and onboard expenses – and this is not an exhaustive list. […]
Read moreWhat is Fintech and how has it changed the financial services landscape?
The rise of fintechs, short for financial technology and the digitalization of the financial services sector has had a huge impact from challenging the high street bank model to revolutionizing international remittances.
The digital revolution has changed the way payments are carried out, which has recently been accelerated by COVID-19. Technology is making it simpler to move money from one account to another and today’s landscape is very competitive with traditional banks…
Read more