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.
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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.
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 […]
Spain Antitrust Watchdog Fines Amazon and Apple
In Spain, the local antitrust regulator fined Amazon and Apple.
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
Indonesia and India Can Sign Cross-Border Payments Pact
The media reports that India and Indonesia intend to combine their fast payment systems.
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.
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.
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
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
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.
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.
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.
Fintech & Ecommerce
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