US Black Friday Online Sales Approach $10 Billion
The media reports that this year in the United States in the segment of virtual sales, consumers spent a record $9.8 billion during Black Friday.
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Berkshire Hathaway Exits India’s Paytm
American Berkshire Hathaway Inc. has withdrawn from the Indian Paytm, as evidenced by information on the local stock exchange.
PaymentSense Intends to Obtain Irish Money Licence
In the foreseeable future, competition may intensify in the payment sector in Ireland, as the British-based company PaymentSense plans to apply to the Central Bank of the said country for a license for electronic money.
Majority of UK Banks Test GenAI
Currently, according to UK Finance survey, in the United Kingdom, many local companies and organizations that operate in the sphere of financial services are using generative artificial intelligence technologies and tools in a test mode.
Trafalgar & Thought Machine to Create a Mexico-Based FinTech
Trafalgar will use Thought Machine’s core banking platform to develop a suite of additional financial services, including digital cards, POS systems, digital authentication, and more, for the new Mexico-based FinTech
TikTok Mulls Tokopedia Investment for New E-Commerce Platform
TikTok is reportedly considering an investment into Tokopedia, a unit of Indonesia’s GoTo Group, to revive its e-commerce service in Southeast Asia’s largest retail market.
Klarna Wins Regulatory Approval in UK
Klarna Bank AB in the United Kingdom has received permission from the local regulator, which provides an opportunity to offer lending services and financial products related to payments to consumers in this country.
How a VPN Can Benefit Your E-Commerce Business
The world of commerce has changed dramatically. Since 1994, when the first online purchase was made, e-commerce has grown steadily and even started to displace conventional offline retailers. The development of marketplaces and social networks has made it easier for new players to enter the market, as it is no longer necessary to create and […]
Remittance Inflows Surge in Kenya
In October, Kenyans who work and live abroad sent home Sh2.3 billion more than Sh51.89 billion ($340.4 million) in remittance registered in Kenya in September.
Mastercard JV to Process Domestic Payments in China
Mastercard joint entity in China received formal approval from the People’s Bank of China and the National Administration of Financial Regulation to start processing domestic payments in the country.
Can CNAM API Help Prevent Fraud Within Your Business?
In the ever-evolving landscape of business security, companies are continuously seeking advanced tools and technologies to fortify their defences against fraudulent activities. Among the plethora of options available, CNAM (Caller Name Delivery) API has emerged as a significant player.
Mastercard to Use AI for Crypto Fraud Monitoring
Mastercard has partnered with the Feedzai technology platform to improve the monitoring and blocking of fraud activities across transactions from over 6,000 crypto exchanges with the help of AI.
How Banks and Fintechs Can Reduce Loan Defaults
Default loans are a nightmare for every lender, but banks and fintechs can apply a few simple strategies to reduce missing payments once and for all.
Amazon Reportedly Plans to Boost Exports From India
The media reports that Amazon plans to increase the volume of exports of its goods from India.
Mastercard and CARE Launch Strive Women for Female Entrepreneurs
Mastercard Strive Women aims to strengthen the financial well-being of small businesses in the APEC economies, focusing on female-led enterprises.
Kazakhstan Welcomes CBDC-Linked Debit Card
The first CBDC debit card transaction in Kazakhstan was performed using the Digital Tenge Card on the 30th anniversary of the Tenge, Kazakhstan’s national currency.
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