Brazil’s Central Bank Delays Launch of Recurring Payments Feature
The Central Bank of Brazil has decided to postpone the launch of the recurring payments feature to be added to the instant payment transaction system called Pix.
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Mobile Banking to Reach 79% Adoption in US by 2029
Florida is the US state already using mobile banking the most, while many Oklahomans may still prefer traditional banking methods over mobile banking solutions.
Meta Rolls Out Business Subscription Program in India
Meta has announced the expansion of its business subscription program for customers living in India.
NatWest Banking App Available on Apple Vision Pro
NatWest is one of the first banking services providers to launch its app on Apple’s Vision Pro smart goggles.
Revolut Reportedly Denies British Customers Reimbursement Requests
The media reports that Revolut refused to reimburse thousands of customers in the United Kingdom after how they were defrauded.
Jifiti Launches ‘Tap Now, Pay Later’ to Embed Loan Products Into Digital Wallets
Tap Now, Pay Later technology enables consumers and businesses to add their approved loan or credit funds to any digital wallet via a virtual card.
History of Fintech in India
The fintech sector in India has seen significant changes over the past several decades. Starting with the initial phase of banking computerization, which began in the late 1980s and early 1990s, this foundational step set the stage for more advanced innovations in the financial industry.
Klarna Reportedly Considers Possible 2025 US IPO
Media reports indicate that Klarna is currently weighing financial advisers for its initial public offering (IPO) in the United States.
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.
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 […]
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.
Fintech & Ecommerce
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