Press Release
When Pain Points in Cross-Border Payment Brings Payment Changes, How Can Hypercard Lead the Trend
Throughout the evolving history of global cross-border payment, cross-border payment is rising with the continuous development of the international division of labor and international exchanges. In the early days, people use precious metals for cross-border payment and clearing, then followed by paper money, and today’s modern electronic transfer and clearing. Cross-border payment is developing gradually towards a rapid, safe and economical trend as the entire international community is engaging in the activities more frequently and science and technology are changing and progressing.
The change of cross-border payment
According to the data, the total amount of global cross-border payment reached $125 trillion in 2018 and is expected to reach $218 trillion in 2022, promising huge profits.
In the existing transfer and remittance system, the transaction is slow and the cost is high with much margin for error; institutions have to coordinate the value transfer between different internal databases, which makes it extremely difficult to settle transactions quickly. This process not only slows down the transaction progress but also requires large working capital, which has a negative impact on the balance sheet of the institution.
As cryptoassets are gradually accepted by traditional finance, digital currency payment is also implementing and applying quickly. The competition around digital currency has just begun across the globe. In 2019, the emergence of Libra has triggered the catfish effect, and legal currency is discussed more enthusiastically all over the world. Countries have taken precautions and speeded up the research on sovereign digital currency. Even the European Central Bank, which did not seem interested before, recently began to discuss the necessity of developing a unified digital currency. According to a report released by the International Monetary Fund in July of the same year, nearly 70% of the world’s central banks are studying sovereign digital currency.
Some fear that Libra may become a strong currency once in circulation. It can be exchanged with the currencies of countries and erodes the fiat currency. If the weak countries make mistakes in regulation, hyperinflation or even de-monetization will likely happen. In the past, a typical example is Zimbabwe who abolished its local currency and was forced to use the US dollar and other currencies.
Traditional payment giants are fostering digital currency payment
Bitcoin was born to destroy the existing monetary system, which many people think is too expensive and exclusive. Given this, it has a much broader value proposition than a deflationary policy and a hard cap of 21 million coins. The new application of blockchain technology also allows anyone to remit money to counterparties around the world in minutes at a low cost.
This function makes bitcoin directly target the existing payment platforms (such as credit card networks and inter-bank messaging systems). While some companies shrug off these concerns, others see the potential and are looking for ways to create value for partners and shareholders.
According to news on February 20, Visa, an international payment giant, has cooperated with 35 leading digital currency platforms or digital wallets.
These institutions are digital currency platforms licensed by the state or regulated by relevant departments, such as the digital payment platform WireX, the digital currency trading platform Coinbase and Fold, cryptoasset lending platform BlockFi, Austria encryption trading platform Bitpanda, Encrypted debit card platform Crypto.com, etc.
Industry insiders said that the cooperation between Visa and digital currency service providers enables consumers to exchange digital currency more quickly and easily. Users can also deposit this money into their Visa certificates in real-time.
When asked why Visa chose the cryptoasset payment, Visa’s executives clearly expressed their optimism about the payment method in his talks with Forbes: “we saw significant innovation in new financial services for consumers holding digital currency. One example is the growth in demand for digital money lending. We are delighted to work with fintech companies like Cred. The company develops new products in this ecosystem and finds new ways for Visa to improve the entrance of fiat currency associated with these products. “
At present, in addition to Visa, MasterCard, Paypal and other international payment tycoons are also fostering digital currency.
Recently, MasterCard stated that it has cooperated with the Central Bank of The Bahamas to launch the world’s first Bahamas prepaid card. The prepaid card allows people to immediately exchange digital currency into traditional Bahamas dollars and pay for goods and services anywhere MasterCard supports. PayPal also claimed to provide cryptocurrency services to the UK market in the coming months.
Cryptoasset service providers speed up the participation in payment
Not only the traditional payment giants are paying attention to cryptoassets payment, but also the asset service providers in the encryption industry are exploring the possibility of payment. HyperBC, a well-known encrypted asset service provider, has launched a comprehensive consumer card HyperCard. After being deposited with digital currency, the card is available in more than 176 countries and more than 50 million merchants worldwide.
As a global standard credit card, HyperCard supports the binding consumption with third-party payment companies by users
Every payment made by HyperCard is secure and consumer privacy is protected by law. HyperCard can transfer money beyond the geographical limit in a second at a low commission, yet with 24/7 service. It is traceable with clear information of all parties. No matter which city you are in, you can use it at all merchants accepting Visa, Master and UnionPay.
In fact, in addition to payment, the most intuitive appealing of digital currency credit cards is it makes encrypted assets purchasing easy and cash out of cryptoassets. In this context, digital currency payment is still a very new track, and the choice of such products is still limited. The main problems are as follows:
1. Only single-currency payment is supported, such as bitcoin
2. Only available in a small number of areas
3. Users have to buy cryptocurrency issued by the card providers before paying
4. Charge a certain percentage of the annual fee
HyperBC also takes this situation into consideration. It is convenient to apply for HyperCard. The digital currency, deposited into HyperCard, can be exchanged into fiat currency in real-time, eliminating the tedious process and the trouble of cash payment, and significantly improving the user-friendliness of digital currency. HyperCard does not charge for KYC verification and only charges a very low commission for each deposit.
How to apply for HyperCard?
a Download the HyperPay App（https://www.hyperpay.tech/app_down） and register
b Apply for HyperCard
c Submit KYC documents and pass the certification
d HyperCard received
Conclusion
With the rapid development of digital currency and the increasing global acceptance of digital currency, the boundary between fiat currency and digital currency will become narrower. At the same time, digital currency credit card reduces the threshold for traditional users to access digital currency. The selective digital currency assets also avoid their risk in holding digital currency to a certain extent, Whether for investment, quick cash-out, or regular consumption, HyperCard, as a mature digital currency credit card, can enable cardholders to enjoy more convenient services.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
AccountingOCR.com has launched a new AI-powered OCR platform built for accounting workflows. The software helps firms and finance teams extract structured data from financial documents without relying on templates or manual document setup.
Mississippi, United States, 1st Apr 2026 – AccountingOCR.com recently announced the launch of its AI OCR platform designed to help accounting teams convert financial documents into structured digital data.
The platform was developed for firms and finance departments that regularly work with invoices, receipts, bank statements, tax forms, and other records that often arrive in inconsistent formats. In many accounting environments, processing these documents still involves a mix of manual entry, template-based extraction tools, and fragmented systems for different document types. AccountingOCR.com enters the market with a broader approach focused on handling varied financial records through a single AI-driven workflow.
According to the company, the software reads data from scanned paper documents, digital PDFs, and image-based files without requiring fixed templates or document-by-document configuration. The goal is to make document intake more practical for accounting teams that need to work across changing layouts, multiple clients, and large volumes of records while keeping extracted information usable for spreadsheet review and accounting system imports.
A key part of the platform’s positioning is its focus on accounting use rather than general OCR alone. In addition to extracting text and tables, the software is designed to support early-stage classification of financial data, helping teams organize information in a way that better fits bookkeeping and reporting workflows. This reflects growing demand for tools that do more than capture text and instead help reduce the administrative burden around coding, categorization, and review.
The launch also speaks to a wider shift taking place across the accounting profession. As firms manage rising document volumes and tighter reporting timelines, there is increasing pressure to reduce repetitive processing work without sacrificing structure or control. AccountingOCR.com is aimed at teams looking for a more consistent way to move from raw financial documents to usable data without adding more manual steps to the process.
The company said the platform includes security controls intended for organizations handling sensitive financial information. It states that the software is SOC 2 Type 2 certified, uses encryption for data in transit and at rest, and does not use customer files to train AI models. Documents processed through the system are automatically deleted within 24 hours.
About AccountingOCR.com
AccountingOCR.com is an AI-powered OCR software platform focused on accounting and financial document processing. The company helps firms and finance teams extract structured data from invoices, receipts, statements, tax forms, and other records for use in spreadsheets and downstream accounting workflows.
Media Contact
Organization: AccountingOCR.com
Contact Person: Zoe Russell
Website: https://www.accountingocr.com/
Email: Send Email
State: Mississippi
Country:United States
Release id:43490
The post AccountingOCR.com Releases AI OCR Platform for Accounting Teams appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
ContractExtraction.com has launched a new AI-powered platform designed to extract key terms from contracts and convert them into structured data. The software is intended to help legal, procurement, and operations teams reduce the time spent reviewing agreements manually and improve visibility across large contract portfolios.
United States, 1st Apr 2026 – https://www.contractextraction.com announced the launch of its new contract extraction platform, a software solution developed to help organizations identify and structure important terms from contracts, NDAs, and related agreements through AI.
For many businesses, contract information is available but not easily usable. Important details such as effective dates, renewal terms, payment obligations, notice periods, and party names are often buried in lengthy agreements that must be reviewed one by one. This can create delays not only in legal review, but also in procurement, compliance, and operational planning, especially when organizations are working across large volumes of active and legacy contracts.
ContractExtraction.com was developed to address that challenge by turning contract language into structured output that can be searched, filtered, and analyzed more efficiently. According to the company, the platform is designed to interpret legal phrasing and identify key business terms across a wide range of contract formats without requiring template setup or document-by-document configuration. The software is intended to help teams move more quickly from document review to practical contract visibility.
The company says the platform is particularly relevant in situations where businesses need to review agreements at scale, whether for migration projects, portfolio cleanup, vendor oversight, or renewal tracking. In these settings, the burden often comes from the amount of manual reading required to locate recurring terms across hundreds or thousands of files. ContractExtraction.com is positioning its software as a way to reduce that burden while making contract information easier to use in downstream systems and reporting environments.
The launch reflects broader interest in tools that can support contract operations beyond storage alone. As organizations place greater emphasis on obligation tracking, commercial visibility, and internal controls, there is increasing demand for systems that can help transform static agreements into working data. The company says this is especially relevant for teams that need contract information to support ongoing decisions rather than remain locked inside legal documents.
ContractExtraction.com also states that the platform is SOC 2 Type 2 certified and HIPAA compliant, uses AES-256 encryption for data at rest, protects data in transit with TLS 1.2 or higher, does not use customer files to train AI models, and deletes processed contracts within 24 hours. According to the company, these measures are intended to support organizations that require stronger safeguards when handling sensitive legal and business records.
One user described the impact by saying that a portfolio migration involving more than 2,000 legacy contracts, which would have taken months to review manually, was completed in two days using automated extraction. The company says this reflects growing demand for tools that can help legal and business teams work through contract volume with greater speed and consistency.
About ContractExtraction.com
ContractExtraction.com helps organizations extract key terms and structured data from contracts using AI. The platform is designed to make information from agreements easier to use in spreadsheets, reporting tools, and contract management workflows.
Media Contact
Organization: ContractExtraction.com
Contact Person: Isaac Bell
Website: https://www.contractextraction.com/
Email: Send Email
Country:United States
Release id:43461
The post ContractExtraction.com Launches AI Platform for Extracting Data from Contracts appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
ContractDataExtraction.com has launched a new AI-powered platform designed to convert contracts into structured, spreadsheet-ready data. The software is intended to help legal, procurement, and operations teams work more effectively with contract information that is often difficult to track once it is locked inside static documents.
United States, 1st Apr 2026 – ContractDataExtraction.com recently announced the launch of its new contract analysis platform, a software solution developed to help organizations extract structured data from contracts, agreements, and related records through AI.
The release addresses a common challenge in contract management. While contracts often contain critical information tied to renewal timing, payment obligations, termination rights, liability terms, and operational commitments, much of that information remains embedded in documents that are easy to store but difficult to monitor at scale. In many organizations, this leads to fragmented review processes, limited visibility across contract portfolios, and avoidable risk when key terms are not surfaced in time.
ContractDataExtraction.com was developed to address that gap by converting contract language into structured output that can be searched, filtered, and analyzed more easily. According to the company, the platform is designed to identify key provisions and business terms across a wide range of contract formats without requiring document-specific templates or manual setup. The software is intended to support both newly received contracts and legacy archives that may currently sit in shared folders, inboxes, or document repositories without a practical way to compare them at scale.
The company says the platform is especially relevant for teams that need contract data in a working format rather than a storage format. In legal and procurement environments, the challenge is often not access to contracts themselves, but the time required to locate and organize the information that matters across hundreds or thousands of files. ContractDataExtraction.com is positioning its platform around that operational need, with an emphasis on helping businesses turn agreements into usable datasets that support oversight, compliance, and planning.
The launch also reflects a broader shift in how organizations are approaching contract operations. As companies place greater emphasis on renewal management, vendor governance, and internal controls, there is increasing demand for tools that can surface contractual information without requiring line-by-line manual review for every document. The company says this is particularly important where large contract inventories make traditional tracking methods difficult to sustain.
ContractDataExtraction.com also states that the platform is SOC 2 Type 2 certified and HIPAA compliant, uses AES-256 encryption for data at rest, protects data in transit with TLS 1.2 or higher, does not use customer files to train AI models, and deletes processed contracts within 24 hours. According to the company, these measures are intended to support organizations that require stronger standards around privacy, security, and document handling.
One user described the impact by saying that a contract archive containing thousands of documents could be converted into a searchable spreadsheet within days, allowing the team to identify expiration dates and renewal terms that had previously been difficult to track. The company says this reflects growing demand for tools that can help organizations move from passive contract storage to more active contract visibility.
About ContractDataExtraction.com
https://www.contractdataextraction.com aims to help organizations extract structured data from contracts using AI. The platform is designed to make information from agreements, NDAs, leases, and other contract records easier to use in spreadsheets, reporting tools, and operational workflows.
Media Contact
Organization: ContractDataExtraction.com
Contact Person: Nora Kelly
Website: https://www.contractdataextraction.com/
Email: Send Email
Country:United States
Release id:43460
The post ContractDataExtraction.com Launches AI Tool to Convert Contracts into Structured Data appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
AccountingOCR.com Releases AI OCR Platform for Accounting Teams
ContractExtraction.com Launches AI Platform for Extracting Data from Contracts
ContractDataExtraction.com Launches AI Tool to Convert Contracts into Structured Data
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
Apu Apustaja Conquers New York with Lively Street Ads, Including Times Square Billboard
Bay Smokes Maintains Quality Amid Legislative Changes in the Hemp Industry
-
Press Release5 days ago
Post Oak Group Advises on Successful Divestiture of Magnify Equity’s Property Management Platform
-
Press Release5 days ago
CGTN: How Boao Forum for Asia fosters shared development in Asia and beyond
-
Press Release1 week ago
JGCMGS Launches Real-Time Proof of Reserves System
-
Press Release1 week ago
IRS Announces Updated FEIE Limit for 2026, Nationly Updates Resources
-
Press Release4 days ago
Asprofin Bank Funds Construction of Qatari Royal Family Nanocenter to Transform AI Infrastructure
-
Press Release5 days ago
Travel as Education: Lauren Nash on What the World Teaches When You Show Up Prepared
-
Press Release4 days ago
Atlas Designs Celebrates 500+ Five-Star Projects with Spring Savings on Permit Services
-
Press Release4 days ago
Finvorapay Strengthens Compliance Framework with U.S. Incorporation and Regulatory Alignment