Month: November 2021

bank of america unveils account validation

Bank of America Unveils Account Validation for Public Sector & Corporate Clients

Bank of America –one of the leading financial institutions in the world, has launched the concept of Account Validation for assisting public sector and corporate clients in the United States of America with solutions related to fraud prevention. The total number of attempts related to digital frauds in the United States of America has gone …

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payu token

PayU Token Hub Will Help Card Networks and Banks With Tokenization

PayU –a leading online payment service provider, had made the announcement of launching its own tokenization solution –referred to as ‘PayU Token Hub.’ The given tokenization solution will be aimed at helping businesses to comply with the latest guidelines of RBI (Reserve Bank of India) with respect to online card data-centric storage. At the same …

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api banking

How Banks Use API to Fulfill Commercial Banking, Payment Expectations?

As banks all around are making their ways into the field of digitization, the overall customer expectations are rising day by day. The given digital transformation has been accelerated due to several restrictions imposed during the COVID-19 era. Post-pandemic, study reports reveal what financial and banking institutions can do along with explaining the importance of …

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american express introduces debit card

American Express Introduces Debit Card, Digital Checking Account for Small Busines

American Express – the famous card issuing company for small businesses in the United States, has unveiled the fully digital form of Business Checking Account for SMBs.  The Business Checking Account by American Express will be offering small business enterprises a highly secure, low-fee, and top-yield experience of digital banking. The account is available with …

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allbirds makes public debut

Allbirds Makes Public Debut; Nike Links Loyalty Program With Dick’s Sporting Goods

The shares of Allbirds, the famous shoemaker, have seen a surge of 90%, as the company’s valuation has reached $4.1 billion. Allbirds is popular for its woolen sneakers, as well as, slip-on. Nike and Dick’s Sporting Goods, on the other hand, have decided to collaborate to expand Nike’s footwear and apparel collection.  Allbirds Make a …

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facebook enables app creators

Facebook Enables App Creators to Pay Outside the Apple’s App Store

The CEO of Facebook, Mark Zuckerberg, declared that content creators can use custom web links, allowing their followers to make payment for the subscription services using Facebook’s native payment model. If someone uses your Facebook’s custom link to sign up for the subscription, instead of Apple’s in-app subscription, you get to keep the money. This …

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mastercard steps ahead in b2b payments

Mastercard Steps Ahead in B2B Payments with New Supply Chain Finance Offering

Mastercard announced a collaboration with the UK-based finance solution provider “Demica” on its website on 21st October. The company is all set to expand and improve its Track Business Payment Services that started in 2020. Mastercard is working on its Track Business Payment Service to make working capital easily accessible with lower operational costs. It …

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homelight expands real estate financial products 1

HomeLight Expands Its Real Estate Financial Products in Arizona

HomeLight, a real estate technology platform that transforms the home-buying and selling process for top agents and clients, announced that it would expand its flagship financial products, HomeLight Trade-In and HomeLight Cash-Off, to more agents, homebuyers, and sellers in Arizona. This expansion has followed 700% product growth since January 2020. It is supported by a …

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snap shares plunge

After Apple Privacy Changes Hit Ads Business Snap Shares Plunge 25%

Snapchat’s shares plummeted 25% after Apple declared a few critical privacy changes in Apple’s App Store. The owner of Snapchat mentioned that its shares witnessed a decline since Apple’s new privacy policy has affected Snap’s digital advertising. These changes were introduced on Apple’s App stores causing a significant disturbance in the ad management. Not only …

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peer to peer payments

Important News and Trends in Peer-to-Peer Payments

Today, several customers and businesses have started embracing peer-to-peer payment technologies. The popularity of P2P payments has been on the rise since the year of the pandemic. As the pandemic has disrupted different services, it has encouraged customers to find digital solutions for transactions. The value of P2P payments is increasing, as many businesses have …

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retailamzn vs wmt

RETAILAMZN vs. WMT – Why People Now Spend More at Amazon Than at Walmart?

The battle between Amazon and Walmart continues as both eCommerce stores keep launching innovative products to build audiences’ engagement. Amazon is expanding its services across international borders. This giant retailer is competing with UPS and FedEx to become one of the leaders in the retail industry in the world.  Even though its services are not …

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digital assets to make purchases

Many Businesses Plan to Use Digital Assets to Make Purchases in 2022

During the pandemic of 2020, several businesses have started looking for better ways of making payments. They have also gained an insight into the latest payment trends to ensure higher efficiency and avoid issues. That is why there is a rise in interest in cryptocurrencies to make payments. This rapid rise in acceptance of blockchain …

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uber freight partners with marqeta

Uber Freight Partners with Marqeta and Branch to Offer Faster Payments

Marqeta is a platform where companies can issue and manage personalized card programs. Recently, it has decided to become partners with Branch, a reputable platform for workforce payments. Uber Freight is partnering with these two giants of the finance industry to streamline its payment process. The reliability and swift payments will bring carrier-first financial services …

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