News - page 221

Society & Lifestyle

Singapore Fines Firms Over Wirecard Payments Scandal

In Singapore, the local financial regulator has decided to impose a penalty in the form of a fine against four companies that are involved in the scandal related to the Wirecard payment firm.

Fintech & Ecommerce

Robinhood to Buy Credit Card Startup

A zero-fee, stainless steel credit card with rewards on every purchase, and an intuitive mobile app experience will enhance Robinhood’s product offering and deepen its relationship with existing customers.

Blockchain & Crypto

IMF Warns Against Crypto Ban, Calls for Better Regulation

“While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run,” says the organization.

Fintech & Ecommerce

Alipay and Mastercard Offer Cashless Payments to International Travelers to China

Alipay and Mastercard announced the beginning of cooperation to create a new payment method for foreign tourists visiting China.

Fintech & Ecommerce

PayEm Integrates Spend Management and Procurement Platform With American Express

PayEm has announced that it has integrated its global cost management and procurement platform with American Express.

Fintech & Ecommerce

Modulr Expands Embedded Payments Offerings to France and Spain

Modulr has expanded the geography of the application of its offer for instant payments.

Society & Lifestyle

Australia Threatens to Fine Twitter

The Australian cybersecurity regulator turned to Twitter, the current owner of which is billionaire Elon Musk, with a request to provide an explanation of the concept of this digital platform to combat the spread of materials that promote hate speech in the virtual space.

Society & Lifestyle

FTC Sues Amazon

The US Federal Trade Commission (FTC) on Wednesday, June 21, sued Amazon, accusing the e-commerce giant of using a deception technique to force millions of consumers to subscribe to the Prime service.

Fintech & Ecommerce

Nubank Introduces Innovative Life Insurance Program

Nubank customers can now give individual life insurance policies as gifts

Fintech & Ecommerce

Adyen and Shopify Partner to Strengthen E-Commerce Capabilities for Enterprise Merchants

The new global partnership between Adyen and Shopify will simplify the customer journey and solve payment complexity for enterprise merchant

Fintech & Ecommerce

Customer Demand for Sustainability Banking Tools Far Exceeds Supply: Research

Almost 40% of UK citizens would like their financial institution to offer banking tools to track their sustainability impact

Blockchain & Crypto

Digital Yuan Now Available as a Payment Option in Qingdao Metro

China’s digital yuan central bank digital currency (CBDC) can be used for fare payments even if the passenger’s mobile phone has no signal or is out of battery

Fintech & Ecommerce

Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform

Fintech company Jack Henry has launched a fraud prevention feature based on artificial intelligence in real-time.

Science & Technology

Snapchat CEO Says AI Can Improve Targeted Ads

Snapchat CEO Evan Spiegel said that through the use of artificial intelligence, it is possible to significantly improve advertising campaigns in the virtual space.

Fintech & Ecommerce

Self-Checkout Systems Increasingly Reach New Retail Segments: Report

Self-checkout technology is increasingly being deployed by various types of retailers, not just grocery stores and supermarket chains

Blockchain & Crypto

EU to Introduce Open Source Platform that Tracks Goods Throughout Supply Chain

The blockchain-based platform will enable brands to trace their products from their point of manufacture to their final destination and end customers in the EU