Revolut Launches In-App Calls to Combat Phone Scam
By allowing customers to communicate directly within the app, the new Revolut service aims to reduce the risk of fraudulent phone scam activities.
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Citi GPS Identifies Agentic AI as a Transformative Force in Finance
A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.
Alipay Tap Debuts in Macao
Sands China, a resort developer and operator, launched the mainland payment service Alipay Tap at Sands Resorts Macao in collaboration with Macau Pass and Alipay.
Robinhood to Settle SEC Charges
The United States Securities and Exchange Commission (SEC) last Monday, January 13, reported that two broker-dealers of Robinhood, a financial services company, agreed to pay $45 billion in combined civil penalties to settle charges that they did not comply with a broad array of regulatory requirements.
Trading Platform Groww Considers 2025 IPO
India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.
Female-Led Fintech: Top Apps Addressing Gender-Specific Issues
While the progress of gender equality in the world is unquestionable, a larger part of the global unbanked population is female, with the divide being more prominent in developing economies. However, select fintech startups focus on narrowing this gap, addressing gender-specific financial challenges with their tech-driven solutions.
Nevermined Secures $4M Funding to Develop PayPal-Like AI-Commerce Platform
Nevermined received fresh funding to develop a payment system tailored for seamless transactions between AI agents, addressing the limitations of traditional payment infrastructure in the rapidly evolving AI-Commerce space.
Whatnot Raises Funds at $5 Billion Valuation
Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion.
Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales
Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.
Fintechs Ramp Up Advertising Spending
Advertising has long ceased to be something unusual as a kind of social and, at the same time, in a sense, an economic phenomenon from the point of view of its own existence as a factor impacting the commercial performance of individual industries and brands, which means that people are accustomed to the fact that […]
Barclays Reveals 2024 Financial Scam Statistics
In 2024, one in five consumers fell victim to scams, with the majority affected online, says Barclays fresh report.
E-Commerce Trends 2025
What does online shopping have in store for consumers next year? As bricks-and-mortar sales still prevail, how can e-commerce win a fairer share in shoppers’ hearts? Let’s take a look at e-commerce trends expected in 2025 to find out.
Payment Gateway Software Development: Step-by-Step Guide by PaySpace Magazine
Payment gateways are a necessary part of any online business. Their main role lies in making the transaction fast and safe so the customer does not have to worry about data failure or other risks. Now more and more companies are realizing the importance of choosing the right payment gateway, as it affects the speed […]
One-Click Checkout Is Most Desired Feature for U.S. Merchants
A recent report indicates that 45% of U.S. online merchants have requested one-click checkout solutions from their payment service providers (PSPs) in an effort to enhance conversion rates.
How Payment Tech Transforms Businesses: Real-Life Use Cases
A lot is being said about the importance of payment technologies for any business selling its products or services on the market. Yet words are empty without the practical illustration of the efficiency of such solutions. Therefore, today we’ll take a look at the most prominent use cases of payment tech which prove that going […]
