Fintech & Ecommerce - page 17

Articles

Why Businesses Struggle to Discover Reasons For Failed Payments

Did you know that over 80% of companies dealing with online sales struggle to figure out the reasons for payment failures? If you don’t know the core issue you can only try to patch the visible outcomes but will always fail to solve the problem. So, why is getting to the bottom of the failed […]

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Affirm Expands Cooperation With Liberty Mutual Investments

Buy Now, Pay Later (BNPL) lender Affirm Holdings has expanded the scope of its capital partnership with an investment company Liberty Mutual Investments (LMI).

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JPMorgan, Goldman Sachs Refuse to Roll Back Diversity Programs Despite Anti-DEI Activist Pressure

Despite increasing pressure from anti-DEI activists fueled by recent political shifts, several financial institutions, including Goldman Sachs and JPMorgan Chase, have chosen to maintain or even strengthen their DEI programs.

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Ally Sells Credit Card Business to CardWorks

Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.

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Nuvei Brings Omnichannel Payments to UK Gaming

With Nuvei innovative omnichannel payment solution tailored for the UK gaming industry, gaming operators can manage all payment channels through a single API.

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Digital Payments Surge in Non-Metro Cities of India

The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.

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PayPal Leads $13M Funding Round for Insurtech Olé Life

Olé Life, supported by PayPal investments, focuses on redefining financial protection for families in Latin America by offering simple digital insurance products designed for long-term stability.

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Revolut Launches In-App Calls to Combat Phone Scam

By allowing customers to communicate directly within the app, the new Revolut service aims to reduce the risk of fraudulent phone scam activities.

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Citi GPS Identifies Agentic AI as a Transformative Force in Finance

A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.

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Alipay Tap Debuts in Macao

Sands China, a resort developer and operator, launched the mainland payment service Alipay Tap at Sands Resorts Macao in collaboration with Macau Pass and Alipay.

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Robinhood to Settle SEC Charges

The United States Securities and Exchange Commission (SEC) last Monday, January 13, reported that two broker-dealers of Robinhood, a financial services company, agreed to pay $45 billion in combined civil penalties to settle charges that they did not comply with a broad array of regulatory requirements.

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Trading Platform Groww Considers 2025 IPO

India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.

Articles

Female-Led Fintech: Top Apps Addressing Gender-Specific Issues 

While the progress of gender equality in the world is unquestionable, a larger part of the global unbanked population is female, with the divide being more prominent in developing economies. However, select fintech startups focus on narrowing this gap, addressing gender-specific financial challenges with their tech-driven solutions.

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Nevermined Secures $4M Funding to Develop PayPal-Like AI-Commerce Platform

Nevermined received fresh funding to develop a payment system tailored for seamless transactions between AI agents, addressing the limitations of traditional payment infrastructure in the rapidly evolving AI-Commerce space.

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Whatnot Raises Funds at $5 Billion Valuation

Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion.

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Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales

Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.

Fintech & Ecommerce