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Taulia, a leading provider of working capital management solutions, has partnered with Mastercard to launch Taulia Virtual Cards. The new solution provides businesses with additional working capital management advantages, including the ability to maximize cash flow and minimize payment uncertainty.
Insurtech, Vitesse, works with Anansi to simplify and reinvent the transit insurance process, helping to provide faster claims and take the strain off retailers. With 75% of the complaints regarding the delivery - meaning it’s typically the courier at fault - it’s the retailers who suffer - more often than not, losing valuable customers in the process.
Kiwi, one of India’s leading FinTech companies that is transforming the credit card landscape in India, has raised $13 million (Rs. 108 Crore) in a Series-A funding round led by Omidyar Network India.
Identity fraud rose by more than a fifth this year, amid warnings that fraudulent activity is set to peak over the Christmas shopping period
New analysis from Experian reveals that identity fraud rose by 22% in 2023, when compared to 2022, with the trend expected to be at its peak over November and December.
There are clear advantages associated with the growth in digital banking services and features. Consumers can open accounts and apply for loans and mortgages within minutes, transfer money at the click of a button, and make use of many tools to track spending and make savings.
Research from personal finance website finder.com estimates that the UK could spend a total of £828 million on credit card interest over the holiday season. An estimated 23 million Brits plan to use credit cards to cover their Christmas spending, with an average predicted expenditure of £627 each. This estimate is based on paying off balances within 6 months, with an average annual purchase rate of 25.58%.
The true cost of things
