Nubank Approaches $1 Billion in Revenue
Brazilian neobank Nubank is confident that it will be able to become the largest financial services company in Latin America.
Fintech & Ecommerce - page 29
B2B Payments to Reach $124 Trillion Globally by 2028
A new study from Juniper Research, revealed that the value of B2B payments will grow 40% by 2028, up from $89 trillion in 2024, largely due to digital payment adoption in developing markets.
PayTabs Partners With Nearpay for SoftPOS Improvement
PayTabs and Nearpay aim to offer customers across Jordan and other regional markets an enhanced SoftPOS payment experience.
Numerous Paytm Bank Accounts Suspected of Money Laundering
Along with banning Paytm Payments Bank from all forms of banking services, the Reserve Bank of India (RBI) has passed information about thousands of suspicious bank accounts to the country’s financial crime-fighting agency.
Bank of England Governor Andrew Bailey Embraces AI
Governor of the Bank of England Andrew Bailey agrees with the opinion of the House of Lords that artificial intelligence should not be perceived as a risk to business.
Amazon Beta Launches AI Shopping Assistant
Amazon has announced the launch of a beta version of a new virtual shopping assistant based on generative artificial intelligence.
E-Wallets are Changing Our Spending Habits
In our age of technological marvels, let’s talk about something that’s revolutionising the way we handle our finances. Yes, we are going to speak about digital wallets. We’ve all heard of PayPal, Skrill, Neteller, and those sleek mobile wallets that are changing the game.
Mastercard Launches AI Model
Mastercard, which is one of the largest players in the payment industry, announced the creation of its artificial intelligence model.
Experian Launches Security Tool for Car Dealers
Experian has introduced Fraud Protect, a tool with which car sellers will be able to record and prevent criminals from interfering in the process of interacting with customers to steal money or gain access to data classified as confidential information.
TikTok and GoTo Announce Partnership in Indonesia
TikTok and GoTo announced the establishment of a strategic partnership in Indonesia.
FIS Launches Networking Program
Technology company FIS, which specializes in providing financial services, announced the launch of the FIS Fintech Hangouts 2024 series.
RBI Puts Restrictions on Paytm Bank
The Reserve Bank of India (RBI) has banned Paytm Payments Bank from all forms of banking services, including bank transfers and accepting deposits.
Walmart Expands Virtual Try-On Tech
Walmart has decided to expand the use of augmented and virtual reality technologies, spreading this offer on eyewear.
Visa and Transak to Enable Crypto-to-Fiat Withdrawals
Cooperation between the Visa payment network and Web3 infrastructure provider Transak will facilitate crypto-to-fiat withdrawals without centralised exchanges involved.
BlueLayer Works on Operating System for Carbon Project Developers
BlueLayer is currently working on creating a software platform designed to be used by developers of carbon projects.
Amazon to Offer BNPL in Mexico
Amazon.com Inc. has started working with Mexican fintech company Kueski, which specializes in the providing of Buy Now, Pay Later (BNPL) service and personal loans, to offer consumers the opportunity to make payment transactions in installments every two weeks in the space of Latin America’s second-largest economy.
Fintech & Ecommerce
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