Jifiti Launches ‘Tap Now, Pay Later’ to Embed Loan Products Into Digital Wallets
Tap Now, Pay Later technology enables consumers and businesses to add their approved loan or credit funds to any digital wallet via a virtual card.
E-commerce
Amazon Prime Day Sales Rise
Amazon.com Inc.’s Prime Day sales for the first six hours of the relevant event showed an increase of approximately 13% compared to the figures recorded last year.
Alibaba Says Generative AI Tools Drive Increase in eCommerce Orders
Alibaba Group, a Chinese business giant, is currently using generative artificial intelligence technology to step up its efforts to scale operations globally.
Ecommpay to Enable Recurring PayPal Payments
Ecommpay merchants will now be able to collect recurring PayPal payments from customers in addition to leveraging subscription card payments and direct debit options which were added earlier.
Synerise Raises $8.5M to Expand Behavioral AI Modeling
Solid Series B+ investment for Synerise deep-tech AI-driven company came from the commerce platform VTEX and business angels.
MultiSafepay Integrates With Antom by Ant International
As a wholly-owned subsidiary of Ant International, MultiSafepay will integrate with Antom to promote accessible payment solutions and digitalization services to SMEs across Europe.
Embedded Finance Trends to Watch in 2024
The global market for embedded finance is growing explosively, presenting numerous opportunities for industry players. At the same time, new technologies and market trends continuously change the embedded finance landscape. Here’s what you should know to navigate through the ever-evolving sector in 2024.
Target Plans to Expand Its Online Marketplace With Shopify Partnership
Nowadays, Target Corp. is cooperating with e-commerce specialist Shopify Inc. to expand its marketplace for third-party merchants.
Mexican Fintech Platform Clip Raises $100 Million
The Mexican digital payments and e-commerce platform Clip has announced that it has raised $100 million in financing.
Instacart Introduces YouTube Shoppable Ads for CPG Brands
Instacart is extending its first-party retail media data to YouTube, offering more shoppable ad opportunities for its consumer packaged goods (CPG) advertisers.
Walmart Launches Gamified Marketplace
Walmart and Amazon are long-time competitors that strive to gain young customers, from time to time offering solutions designed to improve their positions in this market struggle.
Square Merchants Can Convert 1%-10% of Sales to Bitcoin via Cash App
Square merchants can now allocate a portion of their daily sales to Bitcoin, with an on-demand payouts feature via CashApp.
Airwallex Expands to U.S.
U.S. businesses can now use Airwallex to accept cards, mobile wallets, and local payment methods for cross-border transactions.
Mercado Libre Reportedly to Invest $2.5 Billion to Bolster Growth in Mexico
Media reports that Mercado Libre, which operates in the sphere of e-commerce and provides payment services to consumers, plans to invest $2.5 billion in Mexico.
Starbucks Ends NFT Program
Starbucks’ “Odyssey Beta program” which allowed users to engage in coffee-themed games and challenges in return for digital collectable NFT stamps will wind up on March 31.
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.
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