N26 Brings Yield-Bearing Savings to Spain
The new N26 Instant Savings account offers customers in Spain a 2.26% yield, empowering customers to have a better relationship with their money
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Emirates NBD Enters Sustaibability-Focused Partnership With Microsoft
The sustainability and innovation-focused collaboration between Emirates NBD and Microsoft will be based on four pillars: measurement, data conversion, ecosystem development and process improvements
Facctum Launches Anti-Fincrime Tech for Nigerian Banks
The new anti-financial crime solutions harness the power of parallel processing technology to help Nigerian financial institutions modernise financial crime detection
Amazon to Add Generative AI to Marketplace Search
Amazon intends to introduce a ChatGPT-style product search system into its online store.
Kenyan Fintech M-Kopa Raises $250M to Extend Financial and Sustainability Services
M-Kopa will use the new debt and equity funding to expand financial services offering to underbanked consumers across Sub-Saharan Africa, as well as reduce greenhouse gas emissions in Kenya and Uganda
Amazon Uses AI to Speed Up Delivery
The media reports that Amazon has integrated artificial intelligence into its inventory system to speed up the process of delivering goods to customers.
Alibaba Vows Historic Investment in Taobao App
The e-commerce division of Alibaba Group Holding Ltd. intends to direct huge investments to the development of its Taobao trading application.
Goldman Sachs Spinoff Louisa Expands Availability of Corporate Networking Platform
The availability of the social media platform for employees used by Goldman Sachs is expanding.
Salsa Raises $10 Million to Help Platforms Embed Payroll Features
Salsa announced the attraction of investment funds for $10 million.
Revolut to Begin Offering Loans in France
Revolut announced plans to expand activities in France over the next two years.
UK Food Bank Uses QR Codes and Biometrics to Distribute Food to Those in Need
Already available in a trial mode, the innovative food bank initiative enables people fighting personal crises and poverty to spend dedicated charitable funds at local grocery stores using QR code payment technology
Citi Adds Installment Loans and Lines of Credit Options to Retail POS
Citi Retail Services is adding new point-of-sale (POS) lending capabilities to its built-in payment services.
Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Earnings reports indicate that the profitability of the largest players in the online car sales market is declining amid the actions of retailers to reduce inventory.
Robinhood CEO Says Every Company to Transition Into AI Company
The co-founder and chief executive officer of Robinhood Markets, Vlad Tenev, during the earnings report for the first quarter of 2023 to investors, said that over time, each company will be forced to integrate artificial intelligence-based tools into its business structure.
Mastercard Opens D&S Hub in Kuala Lumpur
Mastercard launched its new data and services (D&S) hub in Kuala Lumpur, which will nurture a talent pipeline and serve clients in the areas of cybersecurity, credit risk, and data analytics across the Asia Pacific region
MobilityOne and Wibmo Partner to Enter Prepaid Card Market in Malaysia
The partnership enables the two companies to foray into the Malaysian prepaid card market with various prepaid programs catering to consumer, corporate, government and the health sector Wibmo, a subsidiary of PayU, has partnered with the Malaysian payment firm MobilityOne to back the issuance of Mastercard prepaid cards in Malaysia through its prepaid platform Wibmo Hexa. Using […]
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