Fed Warns Goldman Sachs Over FinTech Risk
The Federal Reserve issued a warning to Goldman Sachs about risk control and compliance with regulatory requirements in the unit of the investment bank specializing in financial technologies.
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Klarna Reports Earnings Results for First Half of 2023
Klarna has released the financial results of its operations for the first six months of 2023, which testified to the positive dynamics of the second quarter, which exceeded initial expectations.
Grubhub and Amazon Open Autonomous Store on Campus
The new Amazon Just-Walk-Out-powered frictionless convenience store enables students to place orders for pickup at campus eateries through Grubhub app and connect their meal plan as a form of payment
X Now Has Seven State Licenses For Payments Including Crypto
X, former Twitter, platform is on its way to transforming social media into a financial super app. With the latest license approved in Rhode Island, X can provide financial services in seven US states
Where Fintech and Sustainable Fashion Collide: How Financial Technology Can Help You Tame Your Consumerism
Fashion is the opposite of sustainability. Trends come and go every season, asking for a total wardrobe revamp. Most fashionistas are also shopaholics, driving the surge in both clothing sales and resources used for its production. These stereotypes have formed over many decades, but it’s time for them to become relics. New generations are calling […]
Atom Bank Partners With Assetz Capital for Commercial Mortgage Access
Assetz Capital will act as a key distribution partner for Atom commercial mortgage loan applications covering all UK regions
Praso Acquires Floki’s IP
The Brazilian company Praso, which provides a distribution platform for small retailers, announced the raising of $9.3 million in investment funds and announced the acquisition of the intellectual property of Floki, a brand that uses AI to automate purchases in small bars and restaurants.
Amazon Acquires Company Fig
Amazon has expanded its ownership structure as a result of the acquisition of Fig, which is a manufacturer of an autocomplete tool for terminals used by developers.
Technology Platform Apollo.io Raises $100 Million
Sales technology platform Apollo.io announced that it had managed to raise financing in the amount of $100 million.
Amazon Tests Higher Free Shipping Threshold
Amazon is currently testing a minimum purchase requirement of $35 to receive a free shipping service for customers who are not members of the Prime loyalty program.
Safaricom Launches Mobile Money Service in Ethiopia
Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.
HDFC Bank and Marriott Bonvoy Launch Travel Card
Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.
N26 Integrates iDEAL Online Payment Standard
German online bank N26 enables the most popular online payment method in the Netherlands – iDEAL
QR Code Payments to Grow 590% in Southeast Asia by 2028: Research
A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.
Orange to Sell Banking Business in Romania to Alpha Bank
Mobile network operator Orange is transferring its retail banking business in Romania – Orange Money – to Alpha Bank Romania
JPMorgan Representative Says About Problematic of Healthcare Payments
Brad Garfield, managing director and head of medical solutions at JPMorgan Commercial Banking, said there are many opportunities to improve the user experience in the healthcare sector in the financial aspect.
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