Uber has teamed with insurtech Cover Genius to protect its drivers in Brazil. The partnership, announced Tuesday (Aug. 8), integrates Uber and Cover Genius’ distribution platform XCover to offer drivers embedded protection as well as features like automated payouts and charging based on driving data. “As the number of rideshare...
“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday (Aug. 8). That’swhy executives are optimistic about the FinTech company’s capacity to help emerging market small- to medium-sized businesses (SMBs)...
Dwolla has launched an application programming interface (API) solution designed for mid- to enterprise-sized businesses that enables easy payment initiation from existing commercial accounts at top U.S. banks, including JPMorgan Chase & Co. and Wells Fargo. The new Dwolla Connect builds on the success of the company’s digital...
Sizekick is the latest company offering shoppers an artificial intelligence (AI)-powered way to find the right outfit. The German company launched its AI try-on tool, designed to reduce the number of size-related returns, according to a Tuesday (Aug. 8) press release. The company is backed by and...
The aspirational shopper, once a core target demographic for high-end brands, seems to be in a state of flux. As the traditional luxury market contends with price hikes and changing spending patterns, an interesting trend is emerging — an uptick in the travel sector. For...
China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial recognition and proposing instead the use of non-biometric means to identify people. “The use of face recognition technology to process...
When it comes to digital technology, business-to-business (B2B) payments are well-known latecomers to the party, with advances in consumer payments far outpacing those of their business counterparts. The lack of modern B2B payments technology is perhaps nowhere more obvious or at odds than in the...
Domestic payments schemes have taken on a broad range of different shapes and forms through the past several decades. Some of them — such as FedNow, the faster payments initiative that just launched here in the states — are government or central bank owned. In...
Just a few weeks after launch, FedNow is live. Miriam Sheril, Head of Product, U.S. at Form3, said that the initial interest and embrace by banks just a few weeks since the Federal Reserve’s instant payments service launch has been encouraging. Having debuted late last month, and as...
