Fintech & Ecommerce - page 56

News

Amazon Offers Up Marketplace Rule Change to Solve UK Antitrust Issues

Amazon agreed to the proposal to change the mechanism for processing information about competitors’ sales and introduce the practice of equal interaction with all sellers operating on the virtual platform of the e-commerce giant in the UK.

News

Bunq Sees Record Funding Year With Fresh €44.5M Investment

Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M

News

TikTok Partners With Atome for Malaysia E-Commerce

TikTok’s e-commerce unit announced that it has reached an agreement on a partnership with the fintech platform Atome, which is part of the ownership structure of Advance Intelligence Group.

News

UK Regulator to Roll Out Isolated Environment for Testing Financial Apps

The Financial Conduct Authority of the United Kingdom (FCA) intends in the foreseeable future to provide companies with access to an isolated technological environment in which firms will be able to test the functioning of their digital products at an early stage of development.

Articles

Staying Ahead of Account Takeover: Prevention Strategies for Fintechs Fraud Detection

In today’s ever-connected digital landscape, the threat of account takeover looms large for individuals and businesses alike. Fintech companies, in particular, need to adopt proactive and robust prevention strategies to safeguard user accounts and stay one step ahead of account takeover attempts. Account takeover is a serious issue that involves fraudsters gaining unauthorized access to […]

News

Spain Antitrust Watchdog Fines Amazon and Apple

In Spain, the local antitrust regulator fined Amazon and Apple.

News

Singapore Becomes Command Center for ASEAN Fintech: Report

PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore

News

Indonesia and India Can Sign Cross-Border Payments Pact

The media reports that India and Indonesia intend to combine their fast payment systems.

News

SEC Chair Says About Developing Rules for AI Use

The U.S. Securities and Exchange Commission (SEC) plans to use its current powers to carry out activities to regulate the use of artificial intelligence-based tools.

News

CFPB and European Commission Start Discussion About Digitization of Finance

Didier Reynders, Commissioner of the European Commission for Justice and Consumer Protection, and Rohit Chopra, Director of the U.S. Consumer Financial Protection Bureau (CFPB), on Monday, July 17, announced the beginning of a dialogue on some issues related to the digitalization of the financial industry.

News

Visa & Mastercard Sued by Block in Another Antitrust Lawsuit

Block, the company behind the Square payment platform, alleges Visa and Mastercard conspired to inflate interchange fees

News

Paytm to Digitise Government Services in Goa

Fintech Paytm has signed an exclusive memorandum of understanding (MoU) with the Goa government for the digitisation of all its departments

News

Bank of America Uses AI to Train New Hires

Bank of America uses artificial intelligence, Metaverse, and virtual reality to train 2,000 of its new employees as part of an immersive program.

News

Amazon Prime Day Boosts Online Sales in US

During the first 24 hours of Amazon Prime Day, American Internet users spent $6.4 billion on making purchases on virtual commercial platforms.

News

eBay Acquires AI-Powered Product Authentication Company Certilogo

eBay on Tuesday, July 11, announced the completion of the acquisition of the company Certifogo, which provides digital identifiers and authentication of clothing and fashion products based on artificial intelligence.

News

Apple Launches Online Store on China’s WeChat App

Apple has launched an online store in the Chinese WeChat app.

Fintech & Ecommerce