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.
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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”
Swedish Open Banking Startup Kreditz Raises €10 Million
Swedish open banking startup Kreditz has announced that it has managed to attract investment funds for 10 million euros.
Starbucks Testing Palm Payments
The coffee giant Starbucks has started testing Amazon’s biometric payments solution, enabling customers to get their cup of coffee by scanning their palm
Shopify Cuts 20% of Staff
Shopify announced its intention to lay off more than 2 thousand employees as part of efforts aimed at intensifying activities in the field of e-commerce.
Danske Bank Now Helps Businesses Track Their Customers’ Financial Health
The new B2B business intelligence service enables Danske Bank business customers to check their customers’ creditworthiness and access the risks of non-payment
Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Insurance company expects that with the help of generative artificial intelligence, it will automate and improve its business processes.
Fiverr Unveils All-in-One Freelancer Management Platform
Fiverr freelancers marketplace has presented a platform through which companies can manage employees.
Uber and Stripe Expand Partnership to Enable Pay by Bank
Uber and Stripe have announced the expansion of their partnerships in the sphere of payments in the United States, Japan, and Australia.
Mastercard Digital Doors Program Launches to Help SMBs Enhance Digital Marketing
New partnerships within the Mastercard Digital Doors Program will enable small businesses to enhance their digital marketing and analytics processes, as well as optimize payments and business operations
Western Union Sees Digital Transactions Grow
Western Union reported an increase in the number of digital transactions.
Mozilla Buys Startup Fakespot
Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.
BharatPe Obtains Controlling Stake in Trillion Loans
Indian fintech BharatPe has bought a 51% stake in a local non-banking financial company Trillion Loans to improve access to credit for its merchant partners
Bahrain Gets Permission to Join Gulf Region Payment System
Bahrain plans to join the unified system of payments and settlements of the Persian Gulf countries.
Fintech & Ecommerce
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