Digital Bank Zopa Raises $85 Million
British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.
Fintech & Ecommerce
Walmart Marketplace Reports Record Black Friday-Cyber Monday Sales
Walmart reported that at the beginning of the holiday shopping season, third-party sellers enjoyed record sales volumes.
Banks Improve Their AML and KYC Practices
The era of digitalization as a global process continues and scales, gradually infiltrating more and more into various aspects of the existence of human civilization and spheres of activity, including the banking sector, many players of which, despite the possibilities of advanced technologies, continue to face old problems in areas anti-money laundering (AML) and Know […]
Deutsche Bank Brings Merchant Solutions to APAC
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
MCB Bank & BPC to Enhance Security With AI-Driven SmartVista Solution
SmartVista Fraud Risk Management solution will safeguard MCB Bank financial transactions with advanced AI fraud detection capabilities, real-time transaction monitoring, behavioural profiling, and machine learning-based risk assessment.
La Banque Postale to Finance Energy Renovations With New Impact Card
La Banque Postale, collaborating with WWF France, has become the first traditional bank in France to introduce an impact credit card aimed at supporting energy renovations for sustainability-focused homeowners.
TD Bank Joins Mastercard Priceless Planet Coalition to Boost Reforestation Efforts in Canada
TD Bank, in collaboration with Mastercard Priceless Planet Coalition, has introduced a standout initiative allowing MBNA cardholders to support reforestation efforts in Canada.
Czech Online Grocer Rohlik Reaches Nearly $2 Billion Valuation
The valuation of Czech online grocer Rohlik Group has reached 1.85 billion euros ($1.95 billion), which is almost twice the figure observed three years ago.
Revolut Faces UK Fraud Lawsuit
Revolut Ltd. is facing a lawsuit in the United Kingdom, as a result of which this fintech brand can pay 700,000 euros ($735,880) to a Serbian energy company as part of a fraud claim.
ADB Partners Mastercard to Boost Financing for MSMEs
ADB and Mastercard share a common goal to foster inclusive economic growth, particularly in developing economies where MSMEs are the backbone of the business ecosystem.
Spendesk Launches Payment Institution
The French spend management platform Spendesk has launched a financial services unit, which is operating under a license from Autorité de contrôle prudentiel et de résolution.
Online Black Friday Spending Rises 10%
U.S. shoppers made online purchases worth nearly $10.8 billion on Black Friday using their mobile phones, laptops, desktops and other portable devices.
How Online Payment Trends Affect Holiday Shopping
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
Norway Joins Eurosystem’s Payment Service
Norway has concluded the deal to add the krone to the Eurosystem’s Target Instant Payment Settlement (Tips) service.
Amazon S$2B Investments Into Singapore Businesses Creates Over 10,000 Indirect Jobs
Amazon invested over S$2 billion in Singapore in 2023, driving over 10,000 indirect jobs for the market and supporting thousands of local businesses.
GCash Weighs Record IPO
Philippine fintech platform GCash is reportedly considering an initial public offering (IPO) that can potentially raise between $1 billion and $1.5 billion in the second half of 2025.
Fintech & Ecommerce
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