Neobank Monzo Raises $430 Million
Digital bank Monzo, which is based in the United Kingdom, on Tuesday, March 5, announced that it had managed to raise new capital for $430 million from investors.
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JPMorgan to Cooperate With Cartes Bancaires CB
JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.
Amazon’s Whole Foods Plans to Open New Small-Format Stores
An Amazon-owned grocery company will open new small-format stores that are focused on serving urban consumers making quick trips.
White Label World Expo
White Label World Expo is right around the corner! Join us at the leading event for professional online sellers to meet cutting-edge white-label goods suppliers!
WeChat Palm Payments in a Nutshell
Payments get easier every day. As we dive into the exciting world of payment innovations, we will focus our attention on the ever-evolving landscape of contactless payments. One bright example of innovative biometric payments is the Palm Payments system currently tested by WeChat in China.
Walmart and Amazon Focus on AI
This week, Amazon decided to increase its investment in artificial intelligence, as the e-commerce giant and its competitor Walmart seek to introduce advanced technologies into their services on a large scale so that their market positions remain stable.
Equifax Launches Fraud Prevention KYB Tool
Equifax is launching the Know Your Business (KYB) solution, with which American lenders and businesses will be able to make more informed decisions about gaining new accounts or vendors.
Mastercard Introduces Open Banking for Account Opening Program
The new core benefit program from Mastercard is aimed at select U.S. debit and prepaid products, designed to streamline and secure account opening with open banking capabilities.
Klarna Sees Tremendous Improvements Brought By AI Bot
Klarna has had its new AI bot conducting 2.3 million conversations, two-thirds of Klarna’s total customer service chats, within the last month.
The Future is Now: 5 Reasons Why Your Business Needs a Virtual Payment Terminal
Forget clunky cash registers and limited payment options. The future of accepting payments for your small business is sleek, adaptable, and accessible from anywhere in the world.
Bfree Debt Collection Startup Raises $3M to Promote Ethical Debt Recovery in Nigeria
Bfree, a Nigerian tech-enabled debt collection startup that offers an ethical alternative to aggressive money retrieval techniques, raised almost $3 million in fresh funding in a round led by Capria Ventures.
CarGurus Rolls Out New AI Features
CarGurus is launching new artificial intelligence features to provide dealers and consumers with the necessary information about vehicles in full.
Saudi Fintech Revolution Summit – SAUDI’s DIGITAL FINANCE FRONTIER: FINTECH UNLEASHED
We TraiCon Events will be hosting Saudi Arabia’s premier fintech event titled as “Fintech Revolution Summit” scheduled on 29th & 30th April 2024 at Riyadh, Saudi Arabia – A Leading Financial Hub of MENA.
Customer-Centric Fintech Software: Enhancing User Experience in Financial Services
Financial technology (Fintech) has dramatically reshaped the landscape of financial services, ushering in a new era of convenience, accessibility, and innovation.
Two Years on the Brink of Destruction: How Unbreakable Ukrainian Tech Survives and Grows Amid the War
For most Ukrainians, life will always remain divided into their happy “before” and brutal “after” Russia’s unprovoked, savage full-scale invasion that defies every norm of morality and humanitarian laws. Nevertheless, Ukraine as a whole, and notably its tech sector, has been showing incredible resilience and even, surprisingly, progress. As we take a look over the […]
SumUp Reportedly Aims to Raise $1.1 Billion to Refinance Debt
The media reports that the SumUp payment company, which is based in London, intends to raise €1 billion ($1.1 billion) from private creditors.
Fintech & Ecommerce
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