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.
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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.
Apple Launches Online Store on China’s WeChat App
Apple has launched an online store in the Chinese WeChat app.
Citi Debuts Digital Platform for Commercial Banking Customers
Citi announced the launch of a digital platform that is designed for clients of a financial institution from commercial banks.
CRM Best Practices for Banks: Strategies for Success
As a leader in your bank’s customer relationship management (CRM) operations, you understand the importance of having reliable systems and process that prioritize customers.
Revolut US Payments Flaw Leads to $20 Million Theft
The media reported that due to shortcomings in the functioning of the Revolut payment system in the United States, criminals were able to steal money in the amount of two tens of millions of dollars.
How to become a Payfac?
Embarking on the journey of becoming a payment facilitator can be a complex undertaking. As a central player in the online payments industry, a payment facilitator, or payfac, acts as an intermediary between merchants and payment processors, streamlining the process of accepting online payments. In this comprehensive guide, we will delve into the practical aspects […]
Revolut Launches Instant Cashback Rewards in US
Revolut has launched a new feature in its US app that provides instant money back.
Numarics Raises €10 Million to Offer Small Businesses All-in-One Digital CFO Solution
Swiss fintech startup Numarics announced the raising of investment funds for 10 million euros following the results of the initial round of financing.
EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
The European Commission (EC) has announced the launch of an in-depth investigation into the expected acquisition of iRobot by the e-commerce giant Amazon.
Nine British Banks Sign Up to New AI Tool for Tackling Scams
Mastercard has launched sales of an artificial intelligence-based tool with which financial institutions can record customers’ attempts to transfer money to fraudsters.
Citi Says AI to Personalize Treasury and Power Data-Readiness Teams
Naveed Anwar, global head of digital platforms and data at Citi Treasury and Trade Solutions, said during a conversation with media representatives that in the current environment, treasurers and CFO need data for everything they do.
Major MENA Integrations Cement Akurateco’s Market Position
Akurateco, a leading global payment software provider, has recently announced its successful integration with MyFatoorah and Tap Payments, two renowned Middle East and North African payment platforms.
Revolut Launches in New Zealand
The British financial app Revolut has been launched in New Zealand.
India’s Abound Raises $10 Million to Expand Remittance App
The Indian app Abound, which provides cash refund services and various financial rewards, reported that it managed to raise investment funds in the amount of $10 million.
Levit Raises $46 Million
Seoul-based e-commerce company Levit, the operator of the Alwayz shopping app, announced the raising of investment funds for $46 million following the results of the Series B financing round.
Fintech & Ecommerce
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