Amazon Prime Day Sales Rise
Amazon.com Inc.’s Prime Day sales for the first six hours of the relevant event showed an increase of approximately 13% compared to the figures recorded last year.
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FinTech Tapi Raises $22 Million
The Tapi payment system, which is based in Argentina, has raised new financing for $22 million.
Bank of America Adds Transaction Search Engine to CashPro Platform
Bank of America has implemented a transaction search engine in its CashPro banking platform.
Mastercard and Network International Roll Out Business Payment Solutions in UAE
Network International presented new solutions for business transactions in the United Arab Emirates (UAE).
Markaaz CEO Says Modern Take on Data Helps Lenders to Close Small Business Identity Gap
Markaaz Chief Executive Officer Hany Fam, during a conversation with media representatives, stated that in an era when Know Your Customer and Know Your Business initiatives are crucial, financial institutions and other companies do not know how to accurately identify risks and impostors, which entails the risk of fines and increases vulnerability in terms of […]
Alibaba Says Generative AI Tools Drive Increase in eCommerce Orders
Alibaba Group, a Chinese business giant, is currently using generative artificial intelligence technology to step up its efforts to scale operations globally.
BNP Paribas and Mistral AI Forge Banking Pact
French bank BNP Paribas has announced the beginning of a large-scale partnership with Mistral AI, a startup based in the same country operating in the artificial intelligence industry.
Ecommpay to Enable Recurring PayPal Payments
Ecommpay merchants will now be able to collect recurring PayPal payments from customers in addition to leveraging subscription card payments and direct debit options which were added earlier.
Commercial Bank of Dubai Partners With Visa
Commercial Bank of Dubai cooperates with Visa in the area of credit and debit cards, core data assets and insights, and marketing initiatives.
Paytm Reportedly Gets India’s Nod to Invest in Payments Arm
Indian-beleaguered Paytm has received approval to invest 500 million rupees ($6 million) in a key subsidiary.
The Role of Recurring Revenue in SaaS Company Valuation Models
The Software as a Service (SaaS) business model is highly dependent on recurring revenue. This regular income stream provides stability and predictability, making it crucial for financial steadiness in such companies.
Curated Fintech Solutions for Fitness Studios and Gyms
To satisfy the growing public demand for well-being and fitness services, gyms and fitness studios require significant financial resources, which often involves lending. The fitness industry is also in dire need of dedicated fintech solutions to help gym managers cope with subscriptions, loyalty programs, payrolls, and inventory maintenance. Here is what the market has to […]
15th Edition Connected Banking Summit — Innovation and Excellence Awards 2024; Ethiopia
Ethiopia, 14th August 2024 – The International Center for Strategic Alliances proudly presents the 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024; Ethiopia in Addis Ababa, scheduled for August 14th, 2024. Esteemed global executives, experts, and leaders will convene to drive the banking industry forward into a new era of innovation and […]
Ethos & Thought Machine to Launch a Shariah-Compliant Digital Financial Service
Thought Machine’s next-generation core banking platform, Vault Core, will power Ethos real-time Shariah-compliant financial solutions available on mobile devices.
Synerise Raises $8.5M to Expand Behavioral AI Modeling
Solid Series B+ investment for Synerise deep-tech AI-driven company came from the commerce platform VTEX and business angels.
Leading Fintech Companies in Kenya 2024
Kenya’s standing as a preeminent hub for financial technology in the African continent is unquestionable and well-established. According to the comprehensive African Tech Startups Funding Report 2023, released by Disrupt Africa, Kenya proudly hosts approximately 15% of all fintech firms operating in Africa.
Fintech & Ecommerce
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