HSBC Takes on Revolut With New App for Non-Customers
HSBC Holdings plans to release an app with which financial services consumers will be able to make international payment transactions.
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Nomura Downgrades Uber and Lyft
Ridesharing giants Uber and Lyft achieved good results in 2023, the main one being revenue growth, but 2024 will be a period of difficulties for them.
OnlineCheckWriter.com Launches Cloud Banking Service in Oman
B2B Payment Platform OnlineCheckWriter.com expanded the geography of using its cloud banking service.
The Eastern Bank in Bangladesh Creates First Metal Biometric Card
The Eastern Bank, located in Dhaka, Bangladesh, has unveiled the world’s first biometric metal card, set to transform the banking experience for its EBL customers starting in early 2024.
India-Based Car-Sharing Platform Zoomcar Goes Public
Zoomcar, an Indian peer-to-peer carsharing platform that targets emerging markets, has gone public.
What is White-Label Credit Card Processing?
In the fast-paced business world, the drive to launch an innovative and profitable payment processing company is a common aspiration. If you’re wondering how to embark on such a journey with minimal investment and in a short period of time, the solution lies in white-label credit card processing.
IndusInd Bank Launches Corporate Credit Card
IndusInd Bank has launched a corporate credit card on the RuPay network.
Exploring Payment Orchestration: Types and Their Impact
The concept of payment orchestration has emerged as a pivotal element in ensuring seamless transactions for businesses and consumers alike. Payment orchestration, simply put, is the process of efficiently managing multiple payment service providers (PSPs) to optimize payment processing.
US Holiday Retail Sales Grow 3.1%
Mastercard SpendingPulse estimated that this year’s holiday in-store and online retail sales grew 3.1% year over year.
Alibaba Promotes Millennials to E-Commerce Leadership Roles
Alibaba Group Holding is pushing millennials, who are representatives of the generation born in the early 1980s – mid-1990s, to take leading roles in the Chinese online market, since currently this e-commerce giant, based in Huangzhou, is going through a kind of transformation period to resist the pressure of competitors such as PDD Holdings.
Revolut Reports Revenue of More Than $1 Billion in 2022
The British fintech company Revolut reported that its revenue for 2022 amounted to $1.1 billion.
Visa and TECH5 to Promote Digital ID-Based Payments
Visa announced the beginning of cooperation with the biometric company TECH5.
Yoti Receives Funding From HSBC
Digital identity company Yoti has received debt financing for 12.5 million pounds from HSBC and another 7.5 million pounds of convertible debt financing from existing shareholders.
Deloitte and Fintech Saudi to Launch Makken Program
Deloitte, a global professional services company, is currently implementing a partnership with Fintech Saudi.
Payoneer Introduces New Features to Small Business Growth
Payoneer, a company operating in the financial technology industry, has announced new features that will enhance the quality of customer service and facilitate entrepreneurs’ access to the global economy.
EBL Launches Biometric Metal Card
Eastern Bank PLC. (EBL), headquartered in Dhaka, the capital of Bangladesh, plans to issue the world’s first biometric metal IDEX Pay card.
