Fintech & Ecommerce - page 64

News

Indonesia and India Can Sign Cross-Border Payments Pact

The media reports that India and Indonesia intend to combine their fast payment systems.

News

SEC Chair Says About Developing Rules for AI Use

The U.S. Securities and Exchange Commission (SEC) plans to use its current powers to carry out activities to regulate the use of artificial intelligence-based tools.

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CFPB and European Commission Start Discussion About Digitization of Finance

Didier Reynders, Commissioner of the European Commission for Justice and Consumer Protection, and Rohit Chopra, Director of the U.S. Consumer Financial Protection Bureau (CFPB), on Monday, July 17, announced the beginning of a dialogue on some issues related to the digitalization of the financial industry.

News

Visa & Mastercard Sued by Block in Another Antitrust Lawsuit

Block, the company behind the Square payment platform, alleges Visa and Mastercard conspired to inflate interchange fees

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Bank of America Uses AI to Train New Hires

Bank of America uses artificial intelligence, Metaverse, and virtual reality to train 2,000 of its new employees as part of an immersive program.

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Amazon Prime Day Boosts Online Sales in US

During the first 24 hours of Amazon Prime Day, American Internet users spent $6.4 billion on making purchases on virtual commercial platforms.

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eBay Acquires AI-Powered Product Authentication Company Certilogo

eBay on Tuesday, July 11, announced the completion of the acquisition of the company Certifogo, which provides digital identifiers and authentication of clothing and fashion products based on artificial intelligence.

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Apple Launches Online Store on China’s WeChat App

Apple has launched an online store in the Chinese WeChat app.

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Citi Debuts Digital Platform for Commercial Banking Customers

Citi announced the launch of a digital platform that is designed for clients of a financial institution from commercial banks.

Articles

CRM Best Practices for Banks: Strategies for Success

As a leader in your bank’s customer relationship management (CRM) operations, you understand the importance of having reliable systems and process that prioritize customers.

Articles

How to become a Payfac?

Embarking on the journey of becoming a payment facilitator can be a complex undertaking. As a central player in the online payments industry, a payment facilitator, or payfac, acts as an intermediary between merchants and payment processors, streamlining the process of accepting online payments. In this comprehensive guide, we will delve into the practical aspects […]

News

Revolut Launches Instant Cashback Rewards in US

Revolut has launched a new feature in its US app that provides instant money back.

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Numarics Raises €10 Million to Offer Small Businesses All-in-One Digital CFO Solution

Swiss fintech startup Numarics announced the raising of investment funds for 10 million euros following the results of the initial round of financing.

News

Nine British Banks Sign Up to New AI Tool for Tackling Scams

Mastercard has launched sales of an artificial intelligence-based tool with which financial institutions can record customers’ attempts to transfer money to fraudsters.

News

Citi Says AI to Personalize Treasury and Power Data-Readiness Teams

Naveed Anwar, global head of digital platforms and data at Citi Treasury and Trade Solutions, said during a conversation with media representatives that in the current environment, treasurers and CFO need data for everything they do.

Articles

Major MENA Integrations Cement Akurateco’s Market Position

Akurateco, a leading global payment software provider, has recently announced its successful integration with MyFatoorah and Tap Payments, two renowned Middle East and North African payment platforms.

Fintech & Ecommerce