Fintech & Ecommerce - page 15

Articles

State of Payment Startups For 2024

The financial technology (fintech) sector has seen a serious surge in growth over the past decade, with a number of exciting start-ups rapidly revolutionising how we manage, move and even invest money. Some of them like Wise, Stripe and Klarna have already become household names.

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Amazon Reportedly Ramps Up Logistics Expansion

Media reports that Amazon is currently stepping up efforts to expand logistics to improve its competitive position in the market, where companies such as Walmart, Shein, and Temu are also present.

Articles

Leading Neobanks in Nigeria 2024

In the fast-paced world of finance, traditional banks face competition from digital-only neobanks. Focusing on user-friendly and personalized services, neobanks are revolutionizing Nigerian banking and promoting financial inclusion.

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DoorDash Scales Ulta Partnership to All 50 States

DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.

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Discovermarket Insurtech Launches New Services in Philippines

discovermarket starts its operations in the Philippines by partnering with Globe Telecom to launch its embedded Personal Cyber Insurance product.

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Noqood Finance Gets License To Support SMEs in Egypt

Noqood Finance can now legally engage in financing small and medium-sized enterprises (SMEs) under the supervision of the national Financial Regulatory Authority – FRA – in Egypt.

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Tala Kenya Digital Lender Plans to Diversify Product Portfolio With a Savings Offering

The new saving product targets Tala Kenya’s existing pool of 3.5 million customers, helping the company’s transition from a digital lender to a full-scale financial provider.

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Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations

Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.

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Dwolla and Visa Collaborate on Account Verification for Pay-by-Bank

Dwolla and Visa announced a joint effort to simplify the process for medium and large businesses to use the pay-by-bank system to make payments and receive transactions of the corresponding category.

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Aeropay Raises $20 Million

Aeropay, which specializes in the implementation of activities in the digital payments area, announced that it has managed to raise new financing for $20 million.

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Avidbank Taps CorServ to Roll Out New Commercial Credit Card Program

Avidbank, based in California, has asked CorServ, which is located in Georgia, for assistance in launching a new credit card program for commercial customers of a financial institution.

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Seamless Middle East 2024 Conference (Dubai): Photo Report

Seamless Middle East 2024 (Free Middle East 2024) is the 24th conference held at the Dubai World Trade Center. It brings together entrepreneurs from all over the world under one roof. We have a photo report from the scene. This year’s event, which will last three busy days (from May 14 to 16), gathered more than 25,000 […]

News

ECB Says About Need of New Rules for AI’s Use in Finance

The process of introducing and using artificial intelligence in the functional environment of financial services is currently at an early stage in terms of prevalence and does not belong to the category of generally accepted or widespread practice, but needs monitoring and possibly regulation to prevent potential harm to consumers and ensure conditions for proper […]

Articles

Combating Fraud with Advanced AP Automation Systems

The landscape of financial transactions has transformed dramatically, becoming increasingly digital and globally interconnected. This shift, while beneficial in many ways, has also escalated the risk and prevalence of accounts payable (AP) fraud.

News

Klarna’s Internal AI Assistant Answers 2,000 Employee Questions Daily

The Swedish fintech company Klarna reported that its internal digital assistant, operating based on artificial intelligence, called Kiki, answers 2,000 questions from employees daily and has already generated information materials for more than 250,000 requests since June when the corresponding virtual product was launched.

News

Chinese E-Commerce Giants Face Unstable Balance Between Discounts and Profit

Alibaba’s quarterly reports will be published this week and JD.com, Chinese e-commerce giants whose performance is a kind of indicator of the condition of the world’s second-largest economy, especially in the context of reflecting the sentiment prevailing in the local consumer environment.

Fintech & Ecommerce