Fintech & Ecommerce - page 47

Articles

5 Common Misconceptions About Payment Software Development

In the rapidly evolving landscape of the fintech industry, payment software development stands as a cornerstone of innovation. How businesses handle transactions, manage financial data, and ensure secure payments profoundly impacts their growth and competitiveness.

News

Klarna Rolls Out AI Shopping Lens & Shoppable Videos

Klarna has introduced new AI-powered shopping tools that make product search easier. Now Klarna customers can find and buy items they see around them, in an image or a video clip.

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Amazon Launches Fall Sale for Prime Subscribers

Amazon on Tuesday, October 10, launched a fall sale for Prime subscribers.

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Amazon India Predicts Record Festive Sales

Amazon India expects unprecedented sales during the biggest e-commerce online event, the Great Indian Festival, this year.

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Walmart Experiments With AI and AR

Walmart uses new technologies to improve the shopping experience.

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CFPB Director Calls for Provide Higher Level of Data Protection

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), expressed concern about the potential risks associated with the fact that payment systems apply, in his opinion, excessive financial censorship, and exceed reasonable surveillance limits.

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Swedish FinTech Brite Payments Raises $60 Million

The Swedish fintech company Brite Payments announced that it managed to raise investment funds in the amount of $60 million.

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Amazon’s Secret ‘Project Nessie’ Algorithm Used to Drive Prices According to FTC

The media reports that the Federal Trade Commission (FTC) accuses Amazon of using a secret algorithm codenamed Project Nessie, which is applied to check the boundaries of price increases and is a guarantee that competitors will comply with pre-determined product cost limits.

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UBank and Aeropay to Provide Financial Services for Gaming Industry

The financial institution UBank, which is based in Texas and focuses on the community, and Aeropay, a payment technology company, announced the conclusion of a strategic cooperation agreement.

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Stampli Raises $61 Million to Expand Its AI-Powered Accounts Payable Offering

Stampli announced that it managed to raise investment funds in the amount of $61 million.

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UiPath Collaborates With Apprio to Offer AI Automation to Healthcare Organizations

UiPath announced the expansion of cooperation with Apprio.

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Citi Launches BNPL Option for Costco Anywhere Visa Cardmembers

Citi announced that Visa Costco Anywhere cardholders now have access to the Citi Flex Pay Buy Now, Pay Later (BNPL) option.

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Visa to Invest in Generative AI Ventures

Visa has unveiled a plan to invest in companies that operate in the sphere of generative artificial intelligence.

Articles

Are We Paving The Way To Become A Cashless Society?

In recent years, there’s been a big change in how we deal with money. We’re shifting from using physical cash for transactions to embracing digital payments and cashless methods. Really and truly, people across the globe have been veering towards contactless payments for quite some time now.

News

Apple Reportedly Adds Open Banking-Powered Capabilities to iPhone Wallet

The media reports that Apple has launched an integration with the iPhone Wallet app, through which users of this digital product living in the UK have access to information about their account balances and transaction history data.

Articles

How Retail Giants Leverage AI: Walmart Use Case

Artificial intelligence (AI) has disrupted the retail industry, offering innovative ways to shop, manage inventory and analyse marketing trends. We are continuing our article series on AI in retail with a brilliant illustration of Walmart.

Fintech & Ecommerce