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.
Amazon is currently testing a new grocery subscription for members of its Prime program.
Xoom by PayPal is one of the most popular money transfer apps, with thousands of money pickup locations and bank partners worldwide. This quick guide will help you navigate through the app in case you are not familiar with its mechanics.
The fintech industry has experienced unprecedented growth in recent years, becoming a powerhouse in the global economy. As of July 2023, publicly traded fintechs boasted a staggering market capitalization of $550 billion, reflecting a twofold increase from 2019.
Drivers of Škoda ICE vehicles in select European countries are now able to pay for fuel via their in-car dashboard touchscreen using the Pay to Fuel service.
Nine in ten European payment ring users prefer this payment method to all others, according to a recent survey.
Deepfake imposters are increasingly targeting unsuspecting victims, raising alarm among all payment industry players. How do you protect your organisation and clients from highly realistic online masks and voices generated by computer technology?
The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.
A new investment product for stocks and ETF trading created by N26 in partnership with Upvest is expected to launch in the first half of 2024.
Advanced generative AI tool by Mastercard reimagines the search and discovery of products in retailers’ digital catalogues.
UK customers can now trade US stocks via Robinhood brokerage without extra commission or foreign exchange fees.
Visa Global Travel Intentions Study discovered that there are no signs of travel rebound, despite rising costs. The report also reveals payment trends associated with both domestic and international trips.
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