Fintech and ecommerce

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Singapore is putting S$220M into fintech as private funding hits a decade low

Asia, Digital Marketing, Fintech and ecommerce, SEO Tips, Technology /

Singapore has committed S$220M, about $173M, to its fintech sector over the next three years. It made the announcement three days after KPMG reported that private investment in Singaporean fintech had fallen to its weakest first half in roughly a decade. The timing is not a coincidence, and nobody is pretending otherwise. Gan Kim Yong, […]

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The next frontier in fintech is understanding the person behind the data

Digital Marketing, Fintech and ecommerce, SEO Tips, Technology /

Fintech has spent almost two decades making financial information increasingly accessible, portable, and actionable. Open banking, digital wallets and connected financial platforms have created an environment in which consumers can move between products while allowing authorized providers to access increasingly detailed information about their financial activity. The Consumer Financial Protection Bureau estimates that more than […]

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Revolut is launching a euro stablecoin into a market MiCA handed to an American company

cryptocurrency, Digital Marketing, Finance, Fintech and ecommerce, SEO Tips, Technology /

Revolut is launching a euro-backed stablecoin, according to Bloomberg, entering a market that European regulation has spent two years accidentally consolidating around a single American issuer.The neobank is also one of the 36 firms the ECB picked for its digital euro pilot, which means it is now building the private euro token and helping test […]

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UK fintech funding has fallen to its lowest level in at least a decade

Digital Marketing, Fintech and ecommerce, SEO Tips, Technology, UK /

Funding for UK fintech companies has dropped to its lowest level in at least ten years, according to Bloomberg, which reported the figures on Sunday. The decline lands on a sector that Britain has spent the better part of fifteen years describing as its clearest technology success story, and it fits a pattern visible across the […]

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Walmart is accepting tap to pay after eleven years of refusing

Apple, Business, Digital Marketing, Fintech and ecommerce, Google, SEO Tips, Technology, United States /

Walmart is adding tap to pay at its checkouts from Monday, ending more than a decade of refusing the technology. The retailer will not say so in those terms. Its announcement does not use the word Apple once. The rollout starts at selected Walmart stores and Sam’s Club locations on 24 August, the company said. […]

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Synchrony wants your Amazon and Walmart store cards inside ChatGPT

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, OpenAI, SEO Tips, Technology /

Synchrony Financial, which issues store credit cards for Amazon, Walmart and Lowe’s, is working with OpenAI so shoppers can buy inside ChatGPT using those cards. Its chief strategy officer says general-purpose cards will take six to twelve months and store-specific cards longer. Synchrony Financial wants its cards inside ChatGPT. The issuer behind store cards for […]

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Mastercard took down payments across Australia with a scheduled update

Business, Digital Marketing, Europe, Fintech and ecommerce, Government and policy, SEO Tips, Technology /

Mastercard transactions were declined across Australia on Saturday afternoon after what the company describes as a scheduled system update, with more than 1,900 outage reports logged by mid-afternoon. Mastercard says the problem is resolved and all systems are working normally. Mastercard payments stopped working across Australia on Saturday afternoon. “A scheduled system update caused Mastercard […]

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PayPal is no longer refusing to sell. Now the question is whether regulators allow it

Business, Digital Marketing, Europe, Fintech and ecommerce, Merge and Acquisition, SEO Tips, Technology, United States /

The Wall Street Journal reported the talks on 14 August. Cara Lombardo, Gina Heeb and Lauren Thomas wrote it. The framing is what changed. PayPal is in talks to sell itself, rather than fielding an offer it has rejected. Stripe and Advent International proposed $60.50 a share in July, which PayPal considered insufficient. The two […]

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Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled

Business, Digital Marketing, Fintech and ecommerce, India, SEO Tips, Technology /

Navi, the Indian fintech founded by Flipkart co-founder Sachin Bansal, has hired banks for an initial public offering of about $315m, according to a Bloomberg report. It is the clearest sign yet that Bansal’s second act is finally heading for the public markets, four years after his first attempt quietly stalled. The headline number comes […]

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Etsy is cutting 12% of its staff. It just beat forecasts and launched a $2bn buyback

Artificial Intelligence, Business, Digital Marketing, Fintech and ecommerce, Future of work, SEO Tips, Technology, United States /

Etsy beat Wall Street on revenue, raised its outlook, and told investors it would buy back $2bn of its own shares. Then it said it was cutting 12% of its staff. The craft marketplace announced a restructuring on Wednesday that removes roughly 220 roles, most of them in product and engineering, CNBC reported. That leaves […]

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