Bankable, a leading Banking-as-a-Service (BaaS) provider, has announced the acquisition of Arex Markets. This move positions Bankable to incorporate credit and working capital into the payment flows of established neobanks, fintech platforms, and multinational brands. The acquisition marks a major milestone in Bankable’s growth strategy and will enable the firm to expand its existing API-first digital platform. With extensive investor
In today’s fast-paced world, convenience and security are essential when it comes to making financial transactions. Digital payments have become increasingly popular in recent years due to their speed and convenience. However, traditional methods of handling payments are being quickly replaced by innovative payment solutions that offer enhanced user experiences and improved security measures. One such solution is Wallet as
The global financial landscape has undergone a remarkable transformation in recent years. The shift towards digital payment systems has changed the way we carry out financial transactions, making them faster, more efficient, and accessible to a wider range of consumers. As more and more people opt for contactless and online payments, the use of physical cash is steadily declining, and
Wise Platform, a global money transfer service, has secured its first bank integration in India with IndusInd Bank. The integration is aimed at enabling non-resident Indians (NRIs) living abroad to make international payments seamlessly into India. This partnership marks a major milestone for Wise Platform in India, as it provides its customers with access to a comprehensive solution for transparent,
Logistics company A.P. Moller – Maersk (Maersk) has announced an e-commerce fulfillment solution for small and medium e-commerce businesses in India. The solution aims to simplify the supply chain process for SMBs by offering a single-window access to storage in warehouses, last-mile deliveries, and the execution of return orders. This will allow SMB brands to sell their goods online with
Comerica Bank has announced the launch of Comerica Small Business Convenient Capital, a fully digital lending platform developed to simplify and accelerate access to capital for small businesses throughout the United States. In collaboration with Amount, a digitally enabled lender and credit solutions provider, the platform is designed to cater to small business customers with loan needs up to $100,000.
DJUST, a Paris-based B2B eCommerce Software-as-a-Service (SaaS) platform, has successfully raised €12m in a Series A growth funding round. The funding round was led by New Enterprise Associates, Inc. (NEA), with additional support from Elaia Partners, which is an existing investor in DJUST. This funding round has offered a considerable financial boost to the company’s expansion plans. The €12m Series
The use of digital payment methods has grown exponentially over the past decade. However, the COVID-19 pandemic has accelerated this trend, with the shift towards online and contactless payments becoming more prevalent than ever before. In this article, we will discuss the impact of COVID-19 on the acceleration of digital payment adoption, the regulatory expectations surrounding digital payments, security measures
Headline: Fintech Lending Industry Shows Increasing Disbursements and a Promising Future. Introduction: The fintech lending industry is revolutionizing the financial sector by increasing access to credit and offering innovative digital experiences. The industry has experienced rapid growth in recent years, with more consumers turning to digital lending platforms for their financing needs. As the industry continues to disrupt traditional banking,
In recent years, e-commerce has become a rapidly growing industry, with more and more businesses investing in online platforms to expand their reach and access valuable customer data. For traditional retail businesses, the shift towards e-commerce presents both opportunities and challenges. Investing in an e-commerce business can expand traditional retail businesses’ reach and provide valuable access to customer data. However,
Trust is an essential element of any financial transaction, and the proliferation of digital payment technologies has made it even more critical. Digital payments have the potential to revolutionize the way we transact, making payments faster, more efficient, and more convenient. However, the adoption of digital payments faces several challenges that threaten to undermine user trust and confidence in the
Foot Locker, one of the world’s leading footwear and apparel retailers, has appointed Adrian Butler as its new Chief Technology Officer (CTO). The announcement was made by President and CEO Mary Dillon during a recent earnings call. Although the company has not provided any further comments on the appointment, this move reinforces the company’s commitment to investing in technology to
