News

Blockchain / Distributed Ledger
From Land Sales to Health Records Governments Embrace Blockchain
October 31, 2022

Blockchain real estate tech firm Propy is now recording property sales and recording title and escrow documents on NFTs and well as standard blockchain transactions. With its recently launched Title & Escrow Service, the firm — which sold the first-ever tokenized property, an apartment in...

Retail
EU Retailers Leverage AdTech Innovations, Data to Deliver Tailored Customer Experiences
October 31, 2022

Thanks to a combination of real-world and online advertising assets that reach an audience of millions, retailers like Dutch multinational retail group Ahold Delhaize, which is popularly known for operating supermarket chains Albert Heijn and Delhaize in the Netherlands, are increasingly diversifying their revenue streams...

Regulation
FTC Takes Action Against EdTech Provider Chegg After Data Breaches
October 31, 2022

The Federal Trade Commission (FTC) is taking action against educational technology provider Chegg, saying the firm experienced four data security breaches since 2017 but allegedly failed to improve its security practices. The security breaches exposed Social Security numbers, email addresses, passwords and other sensitive information...

Fintech Investments
Bangladesh’s The Social Loan Company Expands to Nigeria
October 31, 2022

The Social Loan Company (TSLC), a digital-first lender founded in Bangladesh, announced Monday (Oct. 31) that it is launching its platform in Africa for the first time thanks to two partnerships in Nigeria. The African expansion will see TSLC apply its artificial intelligence (AI) and...

B2B Payments
Connected Car Fleets Become New B2B and B2C Revenue Drivers
October 31, 2022

As the number of connected vehicles on the road continues to grow, developers are producing tools that serve a variety of use cases for consumers, commercial drivers and fleet managers alike. These innovations are driving a global automotive software market that one recent study said...

B2B Payments
Payer Facilitates American Express for Nordic B2B Payments
October 31, 2022

Swedish B2B payments FinTech Payer has announced it will now facilitate American Express Payments in Denmark, Finland, Norway and Sweden. Companies using Payer as a digital payment platform will now be able to accept American Express Cards as a payment method for all purchases. “Payer...

Banking
Standard Bank May Consider Acquisitions as It Looks to Serve Multinational African Businesses
October 31, 2022

Against the backdrop of increasing competition in its home market of South Africa, Standard Bank Group is open to acquisitions in Kenya and Nigeria as it looks to expand its presence across Africa. In an interview with Bloomberg, CEO Sim Tshabalala said Standard is looking...

Retail
D2C Chocolate Brand Awake Builds eCommerce Sales From in-Store Placements
October 31, 2022

While many emerging brands start out direct-to-consumer (D2C), given the lower barrier of entry to the channel, and then use their eCommerce popularity to sell their product to retailers, caffeinated chocolate brand Awake went the other way, using its retail placement to build a following for its...

Retail
Walmart Offers Struggling SMBs a Home Inside Its Stores
October 31, 2022

Walmart has teamed with pop-up shop marketplace platform Popable to let small- to medium-sized businesses (SMBs) rent spaces in its stores as smaller merchants struggle with rising prices. The program is aimed at helping SMBs recover from the pandemic without having to sign a long-term...