AliExpress Welcomes U.S. Retailers to Its Direct Platform
AliExpress invited U.S.-based retailers to join the AliExpressDirect initiative and reach a global audience through the Chinese leading e-commerce platform.
Fintech & Ecommerce - page 22
Shopify Finance Launches as Centralized Hub for All Financial Solutions
A unified administrative portal, Shopify Finance, helps merchants focus on their business growth, alleviating the complexity and administrative burden of managing multiple financial tools.
Visa Reportedly Uses More Than 500 Gen AI Apps
The media published information according to which the payment industry giant Visa currently uses more than 500 apps based on generative artificial intelligence.
Amazon Introduces New Virtual Holiday Shop
Holiday shopping has just become easier and more fun with a new virtual holiday shop by Amazon.
Klarna and Zoom Launch Flexible Payments in 16 Markets
Klarna and Zoom have launched flexible payment options for Zoom Workplace subscriptions to make digital collaboration more accessible.
Financial Institutions Increasingly Use Alternative Credit Data to Assess Consumer Creditworthiness
LexisNexis Risk Solutions research reveals that as traditional credit data provides less visibility into consumer risk, financial institutions worldwide increasingly leverage alternative data in the consumer lending process.
How to Appeal to Gen Z With Your Fintech Solution
Gen Z is gradually emerging as a major influential power in the e-commerce sector. Although Gen X still remains the biggest spender, Zoomers are expected to display the fastest spending power growth in the next 10 years. Here is how to cater to this increasingly important consumer category with a suitable fintech solution.
Halloween Sales to Drop and Become Spread Out in 2024
Halloween consumer shopping patterns are changing, with holiday sales expected to fall by $600 million from the record-high figures of 2023.
Worldpay to Offer Klarna as Default Payment Option
Klarna will become a default payment method for Worldpay’s global merchant network, expanding customer access to Klarna’s flexible payment services directly through Worldpay’s platform.
Mastercard Launches AI-Powered Digital Assistant Tool
Mastercard’s new in-house AI capabilities include a chat-based assistant, source management, and learning improvements with human feedback.
Airwallex Reportedly Plans to Raise $200 Million
Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.
Citi Turns to Google to Use AI and Cloud Technology
Citi has teamed with Google to use artificial intelligence and cloud technology to bolster its digital strategy.
Citi Launches Integrated Digital Bill Discounting Solution
Citi has launched an integrated digital bill discounting solution, which, as stated by this financial institution, will help customers monetize accounts receivable in less than an hour.
How to Avoid Startup Failure in Fintech
The fintech segment has one of the highest rates of startup failures, making it one of the high-growth but high-risk industries. Is it possible to improve the statistics if only a little bit? Here we are to analyse that.
U.S. Dollar Dominates SWIFT Payments
In August 2024, the dollar accounted for almost half (49.1%) of payments handled by the global payment network SWIFT, with no other currency presenting solid competition to the dollar’s role in international payments.
Getnet Launches Single Entry Point for Payments in Latin America
Getnet has launched a regional e-commerce solution that provides a single entry point (SEP) for payment transactions in countries such as Chile, Brazil, Mexico, and Argentina.
Fintech & Ecommerce
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