Fortis to Expand Embedded Payments Offerings
Fortis will step up efforts to expand its embedded payments offerings after securing a joint investment from Audax Private Equity and existing investor Lovell Minnick Partners (LMP).
Fintech & Ecommerce - page 6
SoFi Seals Up to $5 Billion Loan Agreement
SoFi has finalized an agreement with Blue Owl Capital worth at least $5 billion.
Worth Raises $25 Million
Automation-focused fintech platform Worth raised $25 million in new funding.
Pioneers of Online Payments: The Companies That Shaped Digital Transactions
Online payments are so commonplace today that it can be hard to imagine that they weren’t used, or even existed, just a few decades ago. It wasn’t until the mid-1990s that online payments became widely available, and it took even more time for them to become the convenient, hassle-free options we’re familiar with now. Below […]
Mastercard Explains How Gaming Reinvents Loyalty Programs
As businesses are struggling to retain customer loyalty, Mastercard suggests gaming might offer some solutions.
Visa Says About Results of Its Anti-Fraud Unit Activity
Visa said that its anti-fraud disruption department saved potential victims of scammers $350 million last year.
Global Digital ID Verification Checks to Grow 15% Over Next Year
The projected 15% increase in digital ID verification checks continues the growth trend seen in the previous year, when verification checks expanded by 16%, fueled by surging e-commerce transactions.
Smarsh Launches AI Assistant for Professional Archives
Previously used only by major global banks, advanced AI technology for professional archives is now available to small and mid-sized businesses through Smarsh AI Assistant.
Fintech Zolve Raises $251 Million
Neobank Zolve on Tuesday, March 11, announced that it raised $251 million in the latest round of debt and equity financing.
Alibaba.com Targets 100% AI Adoption by Merchants
Alibaba Group Holding’s international wholesale marketplace, Alibaba.com, expects all sellers on this virtual platform to adopt its artificial intelligence tools by the end of the current year.
Nubank Partners With OpenAI to Boost Customer Experience
Brazil’s digital challenger Nubank enhances customer service for its 114 million customers in Brazil, Mexico, and Colombia by expanding its partnership with ChatGPT creator – OpenAI.
Virtual Card Transactions to Exceed $17.4 Trillion by 2029
The value of virtual card payments is expected to grow 235% by 2029, surging to $17.4 trillion from $5.2 trillion in 2025.
Socure Unveils Identity Manipulation Risk Score to Combat First-Party Fraud
AI-driven digital identity verification and fraud prevention platform Socure has developed an innovative risk score to detect when users manipulate their identities and help address a $100 billion fraud problem.
Walmart Reportedly Seeks Lower Prices From China
The media, citing insiders, published information according to which Walmart approached some Chinese suppliers with a request for a major price reduction, as the efforts of this United States retail giant to shift the burden of tariffs imposed by US President Donald Trump faced strong pushback from firms in the Asian country.
Klarna Reportedly Targets $15 Billion IPO Valuation
The media published information according to which the Swedish payment company Klarna may file for an initial public offering (IPO) of shares in the coming days.
Sunrate and Atlas to Address Travel Industry’s Cross-Border Payment Challenges
Sunrate and Atlas have joined forces to address challenges related to cross-border payments in the travel industry.
Fintech & Ecommerce
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