Fintech & Ecommerce - page 39
Mukuru and Travelex to Broaden Remittance Cash Withdrawal Options in South Africa
Via the new partnership, Travelex becomes an additional payout channel within the Mukuru network, expanding cash payout options for remittance customers across South Africa to Travelex’s nationwide branches, strategically located in high-traffic, easily accessible areas.
Flutterwave Acquires Mono in Rare African Paytech Integration
Flutterwave’s acquisition of Nigeria’s open-banking startup Mono marks a rare African fintech exit and creates one of the continent’s most comprehensive payment-and-data platforms.
Alipay Tap! Surpasses 100 Million Daily Transactions Milestone
Alipay’s Tap! contactless payment service now processes more than 100 million daily transactions, underlining the fast-growing embrace of tap-to-pay and QR-based solutions in China and across Asia.
EU Payment Fraud Hits €4.2 Billion in 2024 as Remote Scams and Credit Transfers Surge
The latest joint EBA-ECB report shows payment fraud in the European Economic Area rose to €4.2 billion in 2024, driven by credit transfer and card payment scams despite strengthened security measures.
OceanFirst and Flushing Financial Announce $579M Merger to Create Strong Regional Banking Franchise
OceanFirst Financial and Flushing Financial have agreed to a $579 million all-stock merger that will significantly expand their banking footprint across New Jersey and New York and create a stronger, more competitive regional financial institution.
Pros and Cons of AI-Assisted Shopping
People can be divided into two categories: those who love shopping and those who hate it. Interestingly, both types could benefit from AI assistance in the purchase process. However, there are also hidden pitfalls in AI-assisted shopping you should know about.
Italian Fintech System Overview 2025
As 2025 is getting closer to the end, Italy’s Central Bank (Banca d’Italia) is wrapping up the state of the local fintech ecosystem.
FPT and HITEXIS Forge Strategic AI and Digital Transformation Alliance to Empower European Enterprises
A new cross-continental partnership of FPT and HITEXIS aims to bridge Europe’s digital and AI readiness gap by combining global engineering scale with deep regional consulting expertise to help businesses modernize operations and adopt intelligent technologies.
Mastercard Teams Up with Tencent MIDAS to Power Digital Commerce Transformation
Mastercard and Tencent MIDAS have launched a new collaboration designed to speed up, secure, and simplify online payments across the global entertainment economy, making them password-free and fraud-resistant.
BNPL Usage Surges as Holiday Shopping Hits Record Levels
Buy-now-pay-later services are seeing record demand this holiday season, signaling continued adoption among consumers and growing interest from institutional lenders.
Visa Deepens Agentic Commerce Push With Fiserv Partnership and AWS Integration
Visa, together with Fiserv and Amazon Web Services (AWS), is advancing agentic commerce by making it easier for AI agents to securely shop and pay on behalf of users in real-world settings.
Visa’s Agentic Commerce Breakthrough Signals New Era of AI-Driven Shopping
Visa announces major progress in secure, AI-enabled commerce, enabling digital agents to complete transactions on behalf of consumers and setting the stage for widespread agentic shopping by 2026.
AI, Speed and Seamless Checkout Redefine Retail Expectations Ahead of Peak Shopping Season
As the busiest shopping period of the year approaches, new consumer research shows that artificial intelligence (AI) and frictionless payments are decisive factors for retail players, determining where and how customers spend their money.
2025: When Instant SEPA Became the New Normal
As we’re nearing the end of 2025, we must admit that it basically became the year SEPA Instant stopped being optional and turned to a new form of normal in the payment industry.
Paystack Upgrades Zap to Streamline Everyday Payments Across Its Ecosystem
Paystack, Stripe-owned fintech focused on African markets, has rolled out new updates to its Zap app, strengthening its role as a fast, reliable and seamless payment option for everyday transfers and merchant checkouts.
