UPI Transactions Surge 52%
Unified Payments Interface (UPI) transactions in India grew by 52% year-on-year, reaching 78.97 billion in the first half of 2024.
Fintech & Ecommerce - page 7
Citi to Enable Cross-Border Payments to Mastercard Debit Cards
The combination of Citi WorldLink Payment Services and Mastercard Move offering will add speed, security, and transparency for cross-border transfers in 14 supported markets.
SoFi Adds New Credit Cards to Its Product Line
SoFi Technologies has added two new credit cards to its digital financial services line.
Smartsheet and AWS to Help Companies Access Their Work Management Data
Amazon Web Services (AWS) and Smartsheet, as part of a partnership, will join forces to help companies access their work management data through a digital assistant based on generative artificial intelligence.
Amazon Tests Adding Robot Warehouses to Whole Foods
Amazon last Wednesday, October 9, announced that it was testing adding mini-warehouses to Whole Foods supermarkets.
Teemu Mattila: “Neteller is Facing Steep Competition, But Continues to be Popular Amongst British Bettors”
Neteller has long been one of the UK’s go-to payment methods for online betting. It is known for its ease of use, security, and widespread acceptance by many bookmakers. But how does this payment method stack up in today’s rapidly evolving market, and why has it become such a favourite among UK punters?
Mercury Secures $100 Million Credit Warehouse
Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.
Amazon to Deploy AI-Powered Technology to Help Drivers Find Packages
Amazon is currently preparing to roll out technology that uses artificial intelligence and lighting to help delivery drivers find the packages they need in trucks at a particular moment.
HSBC Exec Says About AI’s Impact on Finance Sector
Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.
Mastercard to Launch Real-Time Card Payments in South Africa
Mastercard has stated that South Africa will be its first market to benefit from real-time card payments.
Sam’s Club Reportedly Prepares to Open First All-Digital Store
The media reports that Sam’s Club is currently preparing to launch its first store without checkout lanes.
TrueLayer Raises $50 Million
TrueLayer raised $50 million as part of its $130 million Series E funding round.
UK FinTech Constitutes 65% of All European Deals in H1 2024
While overall funding in the European fintech sector declined by 25% year-on-year, UK companies dominate the scene, accounting for 65% of all deals in the region.
UK Financial Regulator Fines Starling Bank
In the United Kingdom, the financial regulator fined local digital lender Starling Bank for 29 million pounds ($38.5 million).
Mastercard Launches New Cardholder Offerings for Canadian SMEs
Through strategic partnerships with Slack, Asana, FlexiRoam, H&R Block and others, Mastercard is bringing a range of new business opportunities tailored to meet the unique needs of Canadian SMEs
Do Revenues and Sales Depend on a Variety of Payment Methods?
In an effort to boost sales, merchants strive to provide excellent customer experience and utmost payment flexibility. But does the variety of payment methods available on the e-commerce platform account for bigger revenues or scare customers away? We’re here to analyse a possible connection and decide whether the focus on payment variety is worth the […]
Fintech & Ecommerce
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