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TikTok and GoTo Combine eCommerce Businesses in Indonesia
TikTok and GoTo Combine eCommerce Businesses in Indonesia
January 31, 2024  |  eCommerce

TikTok and GoTo, the largest digital ecosystem in Indonesia, announced the formation of a strategic partnership in Indonesia. With this deal, GoTo’s eCommerce company Tokopedia and TikTok Shop Indonesia have combined...

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Walmart Aims to Build or Revamp 150 Stores in Five Years
Walmart Aims to Build or Revamp 150 Stores in Five Years
January 31, 2024  |  Walmart

Walmart will build, convert or remodel hundreds of stores over the next five years. The retail giant announced in a Wednesday (Jan. 31) press release...

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Upstart to Expand Vehicle Financing to Another 13 States
Upstart to Expand Vehicle Financing to Another 13 States
January 31, 2024  |  Loans

Upstart plans to expand its auto retail financing capability to another 13 states during the first quarter. The lending marketplace aims to reach 90% of...

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FIS Launches Networking Program for FinTech Startups
FIS Launches Networking Program for FinTech Startups
January 31, 2024  |  Startups

Financial services technology firm FIS has launched its 2024 FIS Fintech Hangout Series. The program, announced Wednesday (Jan. 31), connects FinTech startups, investors, financial institutions, FIS experts and...

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Conferma Pay and ConnexPay Launch Payments Solution for Travel Businesses
Conferma Pay and ConnexPay Launch Payments Solution for Travel Businesses
January 31, 2024  |  B2B Payments

Conferma Pay and ConnexPay have joined forces to enable travel businesses to issue virtual cards. This collaboration combines Conferma Pay’s virtual card ecosystem with ConnexPay’s...

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Blackhawk Network Acquires Gift Card Rewards Firm Tango
Blackhawk Network Acquires Gift Card Rewards Firm Tango
January 31, 2024  |  Acquisitions

Branded payments provider Blackhawk Network is acquiring B2B gift card firm Tango Card. Tango established the digital-first reward experience through its application programming interface (API),...

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Kriya Secures $64 Million Debt Facility to Scale B2B Payments
Kriya Secures $64 Million Debt Facility to Scale B2B Payments
January 31, 2024  |  B2B Payments

London-based FinTech company Kriya has secured a new 50-million-pound (about $64 million) debt facility to scale its B2B payments volumes. The new funding will allow...

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Demand for Security Solutions Boosts Mastercard’s Value-Added Services Revenues 17%
Demand for Security Solutions Boosts Mastercard’s Value-Added Services Revenues 17%
January 31, 2024  |  Earnings

For Mastercard, new payment flows and digital innovations outpaced spending growth on cards — though consumers remain resilient. And as management noted in a press...

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Volkswagen Opens AI Lab as Carmakers Embrace Artificial Intelligence
Volkswagen Opens AI Lab as Carmakers Embrace Artificial Intelligence
January 31, 2024  |  Artificial Intelligence

Volkswagen is reportedly in discussion with technology companies to launch an artificial intelligence partnership. The German carmaker would work with these tech groups to create...

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