William Shakespeare's immortal line that starts with, “what's in a name," suggests that monikers we use don't really matter. That may have been true for Romeo and Juliet but, in business, names matter. If customers can't identify a brand, they're less likely to use it, which, in turn, is bad for business.
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Returns abuse has followed the growth of digital commerce like a revenue-draining shadow. But while digital commerce has returned to pre-pandemic level growth trends, Forter’s data shows that returns abuse is holding steady, with the shadow looming larger than it has ever been before.
Zopa is set to acquire DivideBuy’s point-of-sale (POS) finance technology and lending platform. The transaction, which will complete in the next few months, marks Zopa’s first acquisition.
Less than 4% of Pakistani consumers and businesses take bank loans. Helping banks offer their customers real-time loan products, Pakistan’s first end-to-end digital lending infrastructure provider AdalFi is today announcing a $7.5 million funding round. The funding round was led by COTU Ventures, Chimera Ventures, Fatima Gobi Ventures and Zayn Capital alongside angel investors including execs from Plaid.
WealthKernel, a leading provider of digital investment infrastructure, today announces the appointment of Mike Rigby as its new Chief Compliance Officer.
Mike is a Chartered Accountant and has over 30 years of experience in compliance and risk. He joins WealthKernel from Investec Wealth & Investment, where he held the position of Executive Director and Chief Risk Officer.
PPRO, the leading digital payments infrastructure provider, has extended its infrastructure to the South Korean market through integrating South Korean local cards and Toss Pay, one of the most popular e-wallets in South Korea onto its platform.
Quant, the blockchain for finance pioneer, is among the participants of the recently approved working group developing a new internet protocol which will make the transfer of digital assets more secure and DLT networks more interoperable.
As companies continue to expand their reach across the globe, navigating the complexities of international payroll has become a daunting task. From currency fluctuations to navigating diverse employment laws, the challenges of paying employees in different countries can seem never-ending. But with the rise of fintech, the global payroll maze may finally have a solution.
Overall fintech investments in Singapore saw a year-on-year rise, hitting a three-year-high of US$4.1 billion across 250 deals in mergers & acquisitions (M&A), private equity (PE), and venture capital (VC) in 2022, according to the KPMG Pulse of Fintech H2'22. 2022's total deal value here saw a 22 percent increase, up from US$3.4 billion in 2021, and a 75 percent increase from 2020's total deal value of US$2.3 billion.
Access to financing has long been a major hurdle for businesses eyeing growth. Against this backdrop, Visa, Froda and Lunar are announcing a global partnership and launching a new, innovative technology aimed at resolving these issues – for good. The product, which for the first time utilizes push-payment functionality for financing, aims to reduce transaction times to mere seconds. Ordinarily, this process would have taken months.