Mayfield, a Silicon Valley investment giant, has raised two funds totaling almost $1 billion, aimed at early-stage investment. The Menlo Park-based firm announced its $580 million Mayfield XVII and $375 million Mayfield Select III funds. With these funds, Mayfield aims to continue investing in innovative startups with high growth potential. Mayfield XVII Fund The Mayfield XVII fund will primarily be
Venture capitalists have been increasingly investing in startups that have the potential to bring innovation and disruption to their respective markets. April 2022 was no exception, with 16 firms investing in ten or more US-based startups. While several firms have fallen off the investment list this year, Y Combinator and Techstars have emerged as the leading firms investing in startups,
In a world that is rapidly moving towards digitization, it’s essential to have systems in place that make it easier for people to make secure and convenient payments. e-RUPI is one such system that has been introduced by the National Payments Corporation of India (NPCI) to revolutionize the way we make digital payments. In this article, we’ll take a detailed
Microsoft and GoDaddy have announced a collaborative partnership that will make virtual meetings more effective and secure. This strategic partnership will allow users to conduct secure payment transactions while holding virtual meetings through Microsoft Teams. The partnership is aimed at helping small and medium-sized businesses grow and manage their finances better. Digital transactions during virtual meetings In today’s digital world,
As technology rapidly advances, it has ushered in new ways of completing financial transactions. Gone are the days when transactions were only possible through physical cash, bank transfers, or checks. With the advent of mobile-based payments, the way we pay for goods and services has changed drastically. Mobile-based payments refer to the use of mobile phones and other handheld devices
In today’s world, digital contactless payments have taken the lead in several regions, allowing for more convenient transactions via smartphones, watches, or bank cards. However, traditional cash still exists in many places, and the future of payments remains a topic of discussion. So, how will we be making payments in 10 years? The answer is simple – digitally! Digital contactless
Majesco, a leading provider of software solutions for the insurance industry, has announced the launch of a new digital payment offering for its Majesco Claims for Property and Casualty (P&C) customers. The new offering is a result of the company’s partnership with One Inc. Majesco’s new digital payment offering will enable swift and secure digital claims payments via customers’ preferred
Sardine AI, a unified risk management platform with APIs for fraud prevention, compliance, and instant settlement, has teamed up with Fortress Trust, a technology-driven financial institution with robust APIs for foundational ePayment infrastructure, to provide faster and safer ePayments for clients globally. Through this partnership, clients will be able to modernize, leverage, and scale their legacy payment solutions while safeguarding
In recent years, digital payments and e-commerce have undergone revolutionary changes, transforming the way we shop and pay for goods and services. Technological advancements have made online transactions more secure and convenient, facilitating this transformation. In this article, we will take a look at the evolution of digital payments and e-commerce, including their origins, growth, and how they are likely
The European Credit Sector Associations (ECSAs) have raised concerns about the upcoming European Digital Identity (eIDAS 2.0) proposal. In a statement, they have called on the European Commission (EC) to remove payments from the scope of the new plan. The eIDAS 2.0 proposal aims to create a digital identity wallet, which will enable citizens across the European continent to verify
As the world becomes more connected, more and more countries are implementing real-time payment schemes where transactions are processed in a matter of seconds, 24/7. This shift has allowed for faster and more convenient transactions, but it also poses significant challenges for financial institutions (FIs). In this article, we will discuss these challenges and how cloud-based platforms can help streamline
Digital technology has transformed the way the world shops, and the United Kingdom is no exception. As shoppers become more tech-savvy and demand greater convenience, it is essential for merchants to keep pace with emerging trends in digital shopping. However, a recent survey conducted by PYMNTS suggests that UK shoppers are consistently less aware of the availability of digital shopping
