X, the social network formerly known as Twitter, has updated its privacy policy to include a new kind of user data it plans to collect: biometric data. “Based on your consent, we may collect and use your biometric information for safety, security, and identification purposes,” the policy...
X, the social network formerly known as Twitter, is set to expand its offerings by introducing video and audio calls. Owner Elon Musk said in a Thursday (Aug. 31) post on the platform that video and audio calls are coming to X. He added that the calls...
With so many apps vying for attention, consumers are experiencing app fatigue. This fatigue is giving rise to the growing appeal of a single platform that consolidates shopping, banking and other daily digital activities — an everyday app. PYMNTS’ latest study shows that 95 million...
Indian payments app PhonePe has entered the stock broking industry with the launch of Share.Market. This new venture is operated under its subsidiary, PhonePe Wealth Broking Pvt. Ltd., the company said in a Wednesday (Aug. 30) press release. The platform is available as a mobile app and a dedicated...
BMO has teamed with Extend and Mastercard to offer clients new virtual card creation capabilities. The collaboration, announced Monday (Aug. 28), lets BMO (Bank of Montreal) commercial bank customers in the U.S. and Canada create and push virtual cards to employees’ mobile wallets such as Apple Pay, letting them spend...
Kenyan telecom Safaricom has brought its mobile money service M-Pesa to Ethiopia. As the Financial Times (FT) reported Saturday (Aug. 26), the service went live in Africa’s second-most populous country this month, and will be promoted nationwide in September. “By the end of September we will fully launch M-Pesa here....
Auto transport and logistics firm Shiplux has launched a booking application that brings an on-demand experience to car shipping. Unlike traditional car shipping services that provide a vague pickup window of 48 to 72 hours, Shiplux and its new app allow users to pick a specific date...
Southeast Asian super app provider Grab remains optimistic on longer-term growth prospects, company executives said on a Wednesday (Aug. 23) second-quarter 2023 earnings call, highlighting how “affordability initiatives” and strengthening engagement through its flagship subscriptions program, GrabUnlimited, have been key levers in expanding its marketplace of...
Tala says it is approaching 1 million wallet users in the Philippines after launching there in April. The announcement by the money app for the underbanked Wednesday (Aug. 22) comes months after it reached 8 million customers, and is happening amid a worldwide increase in...