Jack Ma-Backed Ant Weighs Introduces Investor in HK Bank Unit
The media, citing informed sources, report that Ant Group Co. is currently exploring the possibility of selling a stake in its virtual banking division in Hong Kong.
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Revolut CEO Blames Banking Troubles for UK License Delay
The CEO of Revolut said that the recent turmoil in the banking industry caused the suspension of the banking license of this company in the UK.
EPI CEO Says Europe Ready for One Digital Wallet
Martina Weimert, CEO of the European Payments Initiative (EPI), stated the need for a pan-European solution to further enhance the development of real-time payments.
Fast Food Billionaires Launch Philippine Online Investment Platform
After a year of development, the Philippine online investment platform DragonFi was launched, offering users a customizable stock trading experience, advanced charts and “lowest possible fees”
Swedish Open Banking Startup Kreditz Raises €10 Million
Swedish open banking startup Kreditz has announced that it has managed to attract investment funds for 10 million euros.
Starbucks Testing Palm Payments
The coffee giant Starbucks has started testing Amazon’s biometric payments solution, enabling customers to get their cup of coffee by scanning their palm
Shopify Cuts 20% of Staff
Shopify announced its intention to lay off more than 2 thousand employees as part of efforts aimed at intensifying activities in the field of e-commerce.
Danske Bank Now Helps Businesses Track Their Customers’ Financial Health
The new B2B business intelligence service enables Danske Bank business customers to check their customers’ creditworthiness and access the risks of non-payment
Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Insurance company expects that with the help of generative artificial intelligence, it will automate and improve its business processes.
Mastercard Digital Doors Program Launches to Help SMBs Enhance Digital Marketing
New partnerships within the Mastercard Digital Doors Program will enable small businesses to enhance their digital marketing and analytics processes, as well as optimize payments and business operations
Western Union Sees Digital Transactions Grow
Western Union reported an increase in the number of digital transactions.
Mozilla Buys Startup Fakespot
Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.
BharatPe Obtains Controlling Stake in Trillion Loans
Indian fintech BharatPe has bought a 51% stake in a local non-banking financial company Trillion Loans to improve access to credit for its merchant partners
MoneyGram Pushes Back Date of Sale
MoneyGram has postponed the date of its planned sale.
Bahrain Gets Permission to Join Gulf Region Payment System
Bahrain plans to join the unified system of payments and settlements of the Persian Gulf countries.
Businesses Can Now Accept Stripe and PayPal Powered Payments on Microsoft Teams
Microsoft is launching the Teams Payments app, which allows SMBs to easily manage and collect real-time Stripe and PayPal payments directly within the Teams meetings interface In the latest update, Microsoft Teams has revealed the new payment capabilities for business owners in partnership with Stripe, PayPal and GoDaddy. The new Teams Payments app will enable SMBs to […]
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