What Is Digital-First Banking?

What Is Digital-First Banking?
What Is Digital-First Banking?
December 21, 2022  |  Banking

Digital-first banking refers to a type of banking in which the primary means of interacting with the bank is through digital channels, such as a...

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$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
December 21, 2022  |  B2B Payments

Nigerian online furniture store Taeillo now has $2.5 million in funding raised to ramp up production. The Lagos-based investment company Aruwa Capital Management, a female-founded...

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Procurement and AP Tech Firm XPRO Changes Name to Bedrock
Procurement and AP Tech Firm XPRO Changes Name to Bedrock
December 21, 2022  |  Accounts Payable

Procurement and accounts payable (AP) technology firm XPRO has rebranded and changed its name. The firm is now known as Bedrock, a name that aligns...

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ECB Outlines Banks’ Role in Central Bank Digital Currency Project
ECB Outlines Banks’ Role in Central Bank Digital Currency Project
December 21, 2022  |  CBDC

The ECB has published an update on its Central Bank Digital Currency project. The report, published on Thursday (Dec. 21), outlines the European Central Bank’s...

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Korean FinTech and Investment App Toss Raises $405M
Korean FinTech and Investment App Toss Raises $405M
December 21, 2022  |  Investments

South Korean investment app Toss has raised $405 million in a Series G funding round. The round lifts the company’s valuation to a reported 9.1...

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Wirecard Scandal Trial Sees Chief Witness Deny Deleting Data
Wirecard Scandal Trial Sees Chief Witness Deny Deleting Data
December 21, 2022  |  Cybersecurity

A witness in the Wirecard scandal trial has denied deleting data and withholding information from prosecutors. Oliver Bellenhaus, who is the former head of Wirecard’s...

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Inflation Is Deflating the Financial Goals of All Consumers
Inflation Is Deflating the Financial Goals of All Consumers
December 21, 2022  |  Personal Finance

Inflation is not only making life costly, it’s undercutting the financial goals of consumers. With the new year just around the corner, many U.S. consumers...

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Walmart Canada Taps Western Union For Money Transfers
Walmart Canada Taps Western Union For Money Transfers
December 21, 2022  |  Retail

Walmart Canada has integrated Western Union’s platform into Walmart.ca to offer customers money transfers. In addition, the two companies have extended their relationship, letting customers use...

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eCommerce Platform Wish Partners With Eurora
eCommerce Platform Wish Partners With Eurora
December 21, 2022  |  eCommerce

The eCommerce platform Wish will use Eurora’s trade technology solutions to reduce operational costs. Announced in a press release on Tuesday (Dec. 20), the new...

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