December 05, 2023
Report: Indian BNPL Startup ZestMoney to Wind Down Operations
Indian buy now, pay later (BNPL) startup ZestMoney is reportedly closing down after unsuccessful attempts to find a buyer. Once valued at $445 million, the company had attracted high-profile investors such as...
December 05, 2023
From Bytes to Breakthroughs: Where AI Could Drive Logistics in...
Intersections and inflection points are increasingly defining the industrial economy’s future. Whether they are generational changing of the guards, behavioral-technical cross-points or a combination of the two, sectors pivotal to...
December 05, 2023
Klarna Adds Adyen’s Acquiring Capabilities to Simplify Card Payments
Klarna has added Adyen’s acquiring capabilities to simplify card payments for its 150 million consumers and 500,000 retail partners globally. This agreement extends the companies’ existing global partnership in which Adyen offers...
December 05, 2023
Japanese Tech Lobby Urges Revision of EU Cybersecurity Labelling Scheme
In a collaborative effort with U.S. Big Tech, the Japan Association of New Economy, a prominent business lobby group, has issued a cautionary statement against the proposed European Union (EU)...
December 05, 2023
On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards...
A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public to gauge and address the...
December 05, 2023
When There Is No FICO: AI and ML Transform Emerging...
Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. The innovations have officially arrived, and they are already having an impact around the globe – particularly within...
December 05, 2023
FinTechs Grapple With Regulation Amid Pursuit of Profits
For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have been volatile. An overwhelming majority...
December 04, 2023
Legal Practices and Development Direction for Anti-Monopoly Supervision of Data...
By Bing Chen & Yongji Liu1 I. The Current Status of Data-related Monopoly Supervision in China Data has become one of the most important factors of production in the...
December 04, 2023
Treasury Prime and Effectiv Team on Fraud Detection for Companies...
Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises and banks, the companies announced...
One-Third of Credit Union Members Would Leave for Better Credit Products
Consumers are on the hunt for better access to credit and financing, and they’re not afraid to shop around to find the FI providing the lowest rates and most convenient offerings. PYMNTS’ latest study of more than 4,000 consumers and 154 FinTech and CU execs reveals what CUs can do to win — and keep — consumers’ business. Read more in Credit Union Innovation: How Credit Products’ Rates and Terms Impact FI Selection,” a collaboration with PSCU.