Backbase, which is currently a global leader in advanced sphere interacting banking, announced that First Bank, based in St. Louis, Missouri, has started operating on the Backbase Engagement Banking platform.
Kapital, the company that manages the banking platform, announced that it has managed to raise new capital for $165 million.
TD Bank Group and fintech company Plaid have announced a joint effort to eliminate the need to provide login credentials to third-party apps for customers of the mentioned financial institution in the United States and Canada.
PayPal and SAP have announced the launch of advanced integration.
GBank Financial Holdings and BankCard Services (BCS) have announced that they have managed to reach a final merger agreement.
LTK announced the launch of a new artificial intelligence-based solution, through which brands can interact with creators and plan marketing campaigns.
The ConnexPay payment platform has announced the addition of acquiring in Canadian dollars to its offer for issuing digital cards.
A proposed cap on cross-border interchange fees charged by Visa and Mastercard aims to avoid businesses overpaying after Brexit eliminated fee limitations applied in the EU.
The adoption of the first set of European Sustainability Reporting Standards (ESRS) became official in the European Union on October 21, 2023. What changes do the new standards bring for businesses, particularly those operating in the fintech industry?
Citi has led a round of strategic investments in Supra, a fintech company based in Colombia.
E-commerce is booming. In the United States, there were 263 million online shoppers in 2019, which is expected to go up to 282.7 million by 2024. Globally, it is 2.64 billion in 2023.
TikTok, which is part of the ByteDance ownership structure, is investing $1.5 billion to become the controlling shareholder of the e-commerce unit of Indonesia’s GoTo Gojek Tokopedia.
Fintech funding in Jordan attracted US$26 million between 2018 and 2022, becoming one of the top investment targets.
British fintech startup SumUp has raised a fresh funding round that brings the company valuation close to $8.6 billion.
This year’s Singles Day highlighted the growth of livestreaming e-commerce sales, fueled by virtual avatar hosts and AI chatbot use.
JPMorgan Payments processed a record number of financial card transactions in Europe last Black Friday and Cyber Monday.
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