The future of digital payments is, in many ways, already here. What is left is the need for businesses to adapt to this rapidly shifting consumer landscape by leveraging the increasing popularity of digital payments, particularly among younger consumers. “There’s a huge opportunity for small...
The engine of modern life whirrs mostly in the background, powering conveniences unimaginable decades ago. But that doesn’t mean the engine runs uninterrupted. Last-mile delivery has long been a persistent problem in the logistics industry. The fragmented nature of the space, coupled with the diverse...
European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies in the U.K., Switzerland and the European Union, up from 17 in 2022, the Financial Times (FT) reported Sunday (Feb....
Amazon’s recent cancellation of its iRobot deal reportedly has European startups worried. In a recent Financial Times (FT) opinion piece, Javier Espinoza writes that entrepreneurs are concerned that if regulatory pressure keeps one of the world’s largest companies from buying the Roomba maker, it might mean other Big Tech...
Imagine boarding an airplane by showing your face instead of showing your ID. That scenario could soon be a reality, according to experts quoted in a Sunday (Feb. 18) New York Times (NYT) report on the increased use of facial recognition and other biometric technology in the...
The pop-up shop may not be the novel trend it once was, but brands are still using the buzz-generating model to create real-world connections with customers without the cost and commitment of opening longer-term stores. One of the ways brands are looking to create these...
Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, has been selected to join the Mastercard Engage program for its installments solution in Europe. The company’s flexible TRITIUM platform enables incumbent issuers to launch new and modern installment solutions, complementing their...
Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings. The platform enables these companies to cater to business client needs, including corporate payroll, automatization of payments, invoice factoring, cryptocurrency payments and business deposits, the FinTech company...
Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App. The whistleblowers claim that the mobile payment platform and the entities providing transaction services to its users did not perform adequate due diligence on customers, potentially opening the door to money...
