Fintech & Ecommerce

News

Chinese E-Commerce Platforms Reportedly to End Refund-Without-Returns

The media, citing insiders, published information according to which the Chinese authorities have asked e-commerce platform operators to stop insisting that merchants refund customers without requiring the return of goods.

News

TD Bank to Open AI Center

TD Bank Group will open a new office in New York City for its artificial intelligence research and development center, Layer 6, in the current year.

News

Credibly Introduces AI Solution for Lending

Credibly is to enhance its AI-driven offering for small businesses with the launch of a new lending platform, Credibly.ai.

News

GreenFi Launches to Combine Personal Finance With Climate Care

After the 2024 asset buyout, the former Aspiration’s consumer fintech division re-launches as a climate-friendly banking startup, GreenFi.

News

MoneyHero Enables Direct Car Insurance in Hong Kong

MoneyHero customers in Hong Kong can now directly complete their end-to-end car insurance purchase journey on the personal finance aggregation and comparison platform.

News

CompoSecure Launches Wallet Integration With MoneyGram

CompoSecure, a payment card and security solutions provider, has announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access.

News

Stripe Expands Partnership With Tencent and Weixin Pay Availability

From now on, Weixin Pay, a version of WeChat Pay, is available not only for online payments powered by Stripe but also for in-person shopping via Stripe Terminal in 20 countries.

News

Swift Enhances Case Management to Optimise Payment Investigations

Swift estimates that adopting Case Management early could help the financial industry save more than $600 million each year in operational and liquidity expenses, while also potentially increasing gross revenue by 3–5%.

News

Shein and Temu to Increase US Prices

Chinese online retailers Shein and Temu have notified US consumers that prices on their respective e-commerce platforms will increase from April 25.

News

SoFi Adds Funds in Commitments to Loan Platform Business

SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.

News

Toku Raises $48 Million

Toku raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Chile, Brazil, and Mexico.

Articles

Agentic AI in E-Commerce

Even online shopping can be painstaking, given the manifold selection of products and e-commerce stores. If the mere thought of browsing through myriads of online shops’ inventory items, comparing prices and logistic options leaves you feeling exhausted – agentic AI is on its way to the rescue mission. 

News

Western Union Develops Media Network Business

Western Union is committed to developing its new Media Network business through collaboration with Magnite, an independent sell-side advertising company.

News

ValidiFI Offers Authoritative Bank Account Verification Tool

Bank account and payment intelligence company ValidiFI has started offering consumers new authoritative bank account verification capabilities.

News

Neobank Bunq Plans to Get US Banking License

The European neobank Bunq is currently on its way to obtaining a banking license in the United States.

News

Checkout.com Boosts eBay Global Payment Platform

Millions of buyers and sellers around the world using the eBay platform will have even more seamless e-commerce experiences, as the marketplace partners with Checkout.com.

Fintech & Ecommerce