Citi Adds Installment Loans and Lines of Credit Options to Retail POS
Citi Retail Services is adding new point-of-sale (POS) lending capabilities to its built-in payment services.
Fintech & Ecommerce - page 58
Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Earnings reports indicate that the profitability of the largest players in the online car sales market is declining amid the actions of retailers to reduce inventory.
Robinhood CEO Says Every Company to Transition Into AI Company
The co-founder and chief executive officer of Robinhood Markets, Vlad Tenev, during the earnings report for the first quarter of 2023 to investors, said that over time, each company will be forced to integrate artificial intelligence-based tools into its business structure.
Mastercard Opens D&S Hub in Kuala Lumpur
Mastercard launched its new data and services (D&S) hub in Kuala Lumpur, which will nurture a talent pipeline and serve clients in the areas of cybersecurity, credit risk, and data analytics across the Asia Pacific region
MobilityOne and Wibmo Partner to Enter Prepaid Card Market in Malaysia
The partnership enables the two companies to foray into the Malaysian prepaid card market with various prepaid programs catering to consumer, corporate, government and the health sector Wibmo, a subsidiary of PayU, has partnered with the Malaysian payment firm MobilityOne to back the issuance of Mastercard prepaid cards in Malaysia through its prepaid platform Wibmo Hexa. Using […]
Akurateco Сollaborates With World-Card to Integrate Pix Payment Method
Akurateco, a European-based global white-label payment gateway provider, has recently announced its latest integration with Pix, the instant payment method in Brazil. The partnership was formed with the help of World-Card, a global payment solution provider. Launched in November 2020, Pix is an instant payment system that was developed by the Central Bank of […]
Walmart to Expand Capabilities of Digital Wallet in Mexico
The media reports that the Walmart division (Walmex), which operates in Mexico and Central America, intends to expand the capabilities of the digital wallet provided to customers.
Traditional Islamic Donations Now Accepted Via SoftPOS in Malaysia
Malaysian Zakat collection centre has begun piloting a SoftPOS solution that enables charity employees to accept contactless donations on their Android NFC smartphones
Amazon Pays Customers for Pickup to Cut Delivery Costs
Amazon offers its customers a reward of $ 10 for the pickup of purchased goods.
Stripe Partners WhatsApp for In-Chat Payments in Singapore
Stripe and WhatsApp launch a feature that allows Singapore businesses to accept payments directly in WhatsApp chats
Malaysia and Indonesia Link Cross-Border QR Payment Systems
The Indonesia-Malaysia cross-border QR code payment linkage launches to make instant retail payments, expand markets for local businesses, and facilitate increased settlements in local currency
Ecobank Kenya Rolls Out Fingo Africa Financial App for Local Youth
The Fingo Africa app aims to enhance financial inclusion for young people both in Kenya and across the wider African landscape Part of the pan-African banking Group, Ecobank Kenya, launched the Fingo Africa app to enable African youth open bank accounts with their mobile phones. Ecobank has developed the touth-focused app in close collaboration with a […]
Jack Ma-Backed Ant Weighs Introduces Investor in HK Bank Unit
The media, citing informed sources, report that Ant Group Co. is currently exploring the possibility of selling a stake in its virtual banking division in Hong Kong.
Revolut CEO Blames Banking Troubles for UK License Delay
The CEO of Revolut said that the recent turmoil in the banking industry caused the suspension of the banking license of this company in the UK.
EPI CEO Says Europe Ready for One Digital Wallet
Martina Weimert, CEO of the European Payments Initiative (EPI), stated the need for a pan-European solution to further enhance the development of real-time payments.
Fast Food Billionaires Launch Philippine Online Investment Platform
After a year of development, the Philippine online investment platform DragonFi was launched, offering users a customizable stock trading experience, advanced charts and “lowest possible fees”
Fintech & Ecommerce
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