Fintech & Ecommerce

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.

News

Klarna Expands In-Store Presence With Clover

Klarna partners with Clover, a point-of-sale system developed by Fiserv, to scale its in-store payment network.

News

PayPal & TerraPay To Power Real-Time Cross-Border Payments Across MENA

Together, PayPal and TerraPay aim to make cross-border transactions across the Middle East and Africa faster, easier to use and more accessible.

News

US Bank Introduces Business-Focused Checking and Spend Management Tools

U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.

News

PayPal and Will Ferrell to Promote Updated Pay-Later Program

PayPal has stated that it is adding new features to its Buy Now, Pay Later (BNPL) offering.

News

ESG Book LEO Transforms Sustainability Reporting for Corporates and Finance

ESG Book has introduced the LEO cloud solution, designed specifically for financial institutions and corporates to meet sustainability due diligence and disclosure requirements.

News

Hong Kong’s Finance Sector Embraces GenAI

The adoption of generative artificial intelligence in Hong Kong’s financial sector is gaining momentum and shows steady signs that the process will continue.

News

Bank of America to Spend $4 Billion on AI and New Tech Initiatives

Bank of America intends to spend $4 billion on new initiatives, including artificial intelligence, in the current year.

Fintech & Ecommerce