As global tech architecture advances, the time is ripe for the consumerization of B2B payments. This means increased personalization and real-time responsiveness, transactional transparency, and an overall B2B money movement experience that is much more streamlined and friction-free. The good news is this rosy future...
Scotland-based digital pharmacy Phlo has reportedly raised 10 million pounds (about $12 million) in Series A funding. The digital pharmacy will use the new capital to expand the reach of both Phlo Digital Pharmacy, which offers patients same-day delivery of medications in two British cities,...
Fintiv and Geoswift have partnered on enabling cross-border remittance payments into Asia. The collaboration — which brings together Fintiv’s mobile commerce platform and Geoswift’s payment technology and Asian cross-border payments expertise — will allow the remittances to be made through Fintiv’s mobile wallets, the companies...
Grocers may want to watch their backs because Amazon is gunning to grow its share. On a call with analysts Thursday (Feb. 2) discussing the eCommerce giant’s fourth quarter 2022 financial results, the company asserted that the extent of its grocery presence tends to go underestimated. “If you...
After dominating the Dubai rental landscape for years, checks may be on their way out. The Dubai Land Department (DLD) recently announced that it has fully integrated the emirate’s “ejari” rental platform with the United Arab Emirates’ (UAE) direct debit system to encourage the use...
Baptized by the hype cycle du-jour, artificial intelligence (AI) is taking the world by storm. This, as Microsoft is integrating the buzzy, headline-grabbing conversational AI tool ChatGPT across its potent suite of enterprise software platforms to help businesses craft emails with the click of a...
The U.K. government is seeking public comment on how to make it easier to prove one’s identity online. Consumers can comment on the draft legislation through March 1. The proposal‘s goal is to improve data sharing and how data is used in the public sector,...
Switzerland aims to identify and prosecute those behind a 2022 Credit Suisse data leak. Reuters reported Friday (Feb. 3) that the country’s federal prosecutors have launched criminal proceedings and those responsible for the leak have not been identified. The case alleges that banking secrecy laws were violated, Credit Suisse...
The U.K.’s financial regulator sent out over 1,800 alerts last year to protect consumers from financial scams. In a Friday (Feb. 3) press release, the Financial Conduct Authority (FCA) said it required firms to amend or remove 8,582 promotions during 2022, a 14-fold increase from...
