ShopUp raises USD 22.5 mln to digitize mom-and-pop shops in Bangladesh

News | Ecommerce | Published Tuesday 20 Oct 2020 15:34 CET
Bangladesh-based company ShopUp has raised USD 22.5 million in a Series A financing round co-led by Sequoia Capital India and Flourish Ventures.
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ShopUp raises USD 22.5 mln to digitize mom-and-pop shops in Bangladesh

News | Ecommerce | Published Tuesday 20 Oct 2020 15:34 CET
Bangladesh-based company ShopUp has raised USD 22.5 million in a Series A financing round co-led by Sequoia Capital India and Flourish Ventures.
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Line rolls out Line BK messenger-based banking platform in Thailand

News | Online & Mobile Banking | 20 Oct 2020 14:08 CET
Line Corporation has announced the launch of the Line BK messenger-based banking platform in Thailand.
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Former Paytm executives to launch children-oriented fintech Junio

News | Payments General | 20 Oct 2020 14:06 CET
Former Paytm executives Shankar Nath and Ankit Gera have announced the launch of a children-oriented fintech Junio.
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American Express, Coupa to offer virtual cards to US customers

News | Cards | 20 Oct 2020 14:02 CET
Coupa and American Express have announced the expansion of their partnership to offer US-based customers virtual cards as a payment option with Coupa Pay.
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Mypinpad to boost omnichannel payments with Visa Ready

News | Mobile Payments | 20 Oct 2020 13:59 CET
Visa has granted Visa Ready certification for UK-based mobile payments company MYPINPAD’s Tap to Phone mPOS solution.
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UK-based Atom bank, SurePay partner for fraud prevention

News | Digital Identity, Security & Online Fraud | 20 Oct 2020 13:51 CET
SurePay has announced the successful implementation of its UK Confirmation of Payee solution for app-based bank Atom bank

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China tests its CBDC in Shenzen

News | Online Payments | 20 Oct 2020 13:43 CET
China’s USD 1.5 million digital Yuan giveaway has completed successfully, with winners spending around 88% of the total prize pool.
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Ant Group gets Hong Kong IPO approval

News | Payments General | 20 Oct 2020 13:41 CET
China-based Ant Group has received green light from Chinese regulators to list in Hong Kong, another step towards a large IPO.
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Afterpay, Westpac to offer savings accounts

News | Online & Mobile Banking | 20 Oct 2020 13:37 CET
Australia-based Afterpay and Westpac have announced their partnership to offer savings accounts to customers in Australia, through Westpac’s digital banking platform.
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Bendigo Bank, Tyro Payments partner for merchant acquiring alliance

News | Payments General | 20 Oct 2020 13:35 CET
Australia-based retail banking company Bendigo Bank has partnered with payments solutions provider Tyro Payments to form a merchant acquiring alliance.

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EIF, Alba Leasing provide EUR 1 bln to SMEs

News | Payments General | 20 Oct 2020 13:31 CET
The European Investment Fund (EIF) and Italy-based Alba Leasing have come to an agreement to jointly provide EUR 1 billion in new financial resources to SMEs in Italy.
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Link4 launches InvoiceExpress to help SMEs

News | E-invoicing, SCF & E-procurement | 20 Oct 2020 13:23 CET
Australia-based Link4 has released its InvoiceExpress solution to bring the benefits of e-invoicing to small and medium businesses (SMEs), according to the official press release.

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SEON, Sun Finance to explore how consumer risk changed during the pandemic in emerging markets

News | Digital Identity, Security & Online Fraud | 20 Oct 2020 12:42 CET
SEON has teamed up with Sun Finance, an Europe-based online lender working with unbanked and underbanked customers to discuss how consumer risk shifted during the pandemic.

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Singaporeans expect retailers to adopt unified commerce, Adyen report shows

News | Ecommerce | 20 Oct 2020 12:25 CET
New data released by Adyen has revealed that Singapore-based consumers were quick to adapt, adopting online channels at a rate well above the global average.

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RevoluGROUP Canada announces RevoluSEND for remittances

News | Payments General | 20 Oct 2020 11:44 CET
RevoluGROUP Canada has introduced the RevoluSEND remittance vertical, which will initially support money transfers to 27 countries, reports Electronic Payments International.

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Experian, Standard Chartered drive financial access across Asia, Africa, and the Middle East

News | Online & Mobile Banking | 20 Oct 2020 11:38 CET
Global information services company Experian has partnered with Standard Chartered to drive financial access across key markets in Asia, Africa and the Middle East by leveraging credit decisioning technology.

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Cordite Society launches Corda Network digital currency

News | Cryptocurrencies | 20 Oct 2020 11:34 CET

Cordite Society, a co-operative society registered in the UK, has launched XDC, the first Corda Network digital currency, according to the official press release.


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Citi, Mastercard launch 'True Name' feature for cards across the US

News | Cards | 20 Oct 2020 11:27 CET

Citi has offered transgender and non-binary people the ability to use their chosen name on eligible credit cards.


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Billtrust acquired by South Mountain

News | E-invoicing, SCF & E-procurement | 20 Oct 2020 11:20 CET
Billtrust, a B2B order-to-cash solutions provider, and South Mountain Merger Corporation have entered into a definitive business combination agreement.
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Standard Chartered invests in Silent Eight's AI tool to fight financial crime

News | Digital Identity, Security & Online Fraud | 20 Oct 2020 11:09 CET
Silent Eight, a global technology company using Artificial Intelligence (AI) to combat money laundering and terrorism financing, has completed a new round of early-stage funding.
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