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%.
Chinese online retailers Shein and Temu have notified US consumers that prices on their respective e-commerce platforms will increase from April 25.
SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.
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.
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.
Western Union is committed to developing its new Media Network business through collaboration with Magnite, an independent sell-side advertising company.
Bank account and payment intelligence company ValidiFI has started offering consumers new authoritative bank account verification capabilities.
The European neobank Bunq is currently on its way to obtaining a banking license in the United States.
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.
Klarna partners with Clover, a point-of-sale system developed by Fiserv, to scale its in-store payment network.
Together, PayPal and TerraPay aim to make cross-border transactions across the Middle East and Africa faster, easier to use and more accessible.
U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.
PayPal has stated that it is adding new features to its Buy Now, Pay Later (BNPL) offering.
ESG Book has introduced the LEO cloud solution, designed specifically for financial institutions and corporates to meet sustainability due diligence and disclosure requirements.
The adoption of generative artificial intelligence in Hong Kong’s financial sector is gaining momentum and shows steady signs that the process will continue.
Bank of America intends to spend $4 billion on new initiatives, including artificial intelligence, in the current year.
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