Articles with tag: gm

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Goldman Sachs to acquire GM's credit card unit for USD 2.5 bln, WSJ

02 Oct 2020 | Payments General

Goldman Sachs has announced the buying of General Motors’s credit card business for about USD 2.5 billion (GBP 1.94 billion), according to the Wall Street Journal cited by Reuters.

Goldman Sachs, GM, General Motors, credit card, WSJ, Wall Street Journal, banks, credit card business, Wall Street, bank, Barclays, credit card issuer, Capital One Financial, investment banking, trading, consumer banking, JP Morgan, Citigroup, Apple, US, covid-19, pandemic

Maybank plans RM 4-5 bln SME digital financing

22 Sep 2020 | Online & Mobile Banking

Malaysia-based bank Maybank has plans to disburse about RM 4-5 billion (~USD 1 billion) loans through its newly launched digital financing solution for the SME segment named Maybank SME Digital Financing.

Maybank, SME, digital financing, loans, digital financing solution, SME segment, SMEs, Maybank SME Digital Financing, fund disbursement, digital platform, STP, straight through processing, disbursement, machine learning, digital lending

SEBA Bank, Lightnet Group partner for joint venture

25 Aug 2020 | Payments General

Switzerland-based FINMA licensed SEBA Bank has signed a Memorandum of Understanding with Lightnet, a Singapore-based fintech company.

SEBA Bank, Lightnet Group, joint venture, Switzerland, FINMA, SEBA Bank, Memorandum of Understanding, Lightnet, Singapore, fintech, settlements, remittances, fiat currencies, settlement banking network, account, custodian, digital currencies, MTOs, money transfer operators, unbanked, fragmentation

Goldman Sachs, Barclays bid for GM's credit card business

13 Aug 2020 | Cards

Goldman Sachs and Barclays have reportedly announced intentions to buy General Motors' credit card unit as they look to increase their consumer banking arm, according to Reuters.

Goldman Sachs, Barclays, General Motors, GM, credit card business, consumer banking, automaker, outstanding balances, Reuters, JP Morgan Chase, Citigroup, Marcus, Apple, iPhone, Apple Wallet, ecommerce

Walmart, Instacart partner to offer same-day grocery delivery

12 Aug 2020 | Ecommerce

Walmart has partnered with US-based grocery delivery and pick-up service company Instacart to provide a same-day grocery delivery service for their consumers.

Walmart, Instacart, same-day delivery, California, Oklahoma, Albertsons, Aldi, Costco, Kroger, Target, Wegmans, CVS, Sam’s Club, Whole Foods, Amazon Fresh, Prime Pantry

Incomlend secures USD 20 mln in funding round

11 Aug 2020 | E-invoicing, SCF & E-procurement

Incomlend, a Singapore-based startup that operates a trading platform to connect exporters and importers with investors, has raised USD 20 million in a new financing round.

Singapore, trade finance, startup, Incomlend, Sequoia Capital India, CMA CGM Group, Europe, Southeast Asia, North Asia, technology, invoice, AI, artificial intelligence, supply chain, payments

Pngme, Open Banking Nigeria partner for API standardisation

30 Jul 2020 | Online & Mobile Banking

Open API solution provider Pngme has joined non-for-profit initiative Open Banking Nigeria for building a set of open APIs standards for the Nigerian financial services industry. 

Pngme, Open Banking Nigeria, partnership, API standards, Nigeria, Central Bank of Nigeria, financial inclusion, banks, consumers, API, toolkit, test environments, implementation standards, financial ecosystem, sandbox, data types, authentication

Flipkart reveals new payment method to reduce order returns and cancellations

17 Jul 2020 | Online Payments

Flipkart has launched a new payment method that lets customers pay some amount for a product and the balance on delivery, aiming to reduce returns and cancellations.

Flipkart, payments, order returns, online transactions, ecommerce, GMV

CoCoNet launches business unit in Germany

17 Jul 2020 | Online & Mobile Banking

CoCoNet, a provider of digital banking solutions, has launched a new business unit.

CoCoNet, innovation, digital, banking, digital banking, Germany, CoCoNet Innovations GmbH, corporate banking

MoneyGram partners with Global Money Express

24 Jun 2020 | Payments General

MoneyGram has partnered with Global Money Express (GME), a money transfer and payment fintech companies in South Korea. 

MoneyGram, partnership, fintech, Global Money Express, digital, GME, payments, South Korea, China, South Asia, E9Pay, P2P

Betzest to offer instant secure transactions through NeroPay

05 Jun 2020 | Mobile Payments

Bookmaker and casino operator Betzest has partnered with e-wallet NeroPay to provide instant secure transactions.

Betzest, e-wallet, NeroPay, Europe, real-time cashouts, Live Betting, Live Casino, E-sports, Virtual Sports, credit cards, debit cards, cryptocurrency, bank transfer, PurplePay, Pragmatic Play

Tokenise Stock Exchange, GMEX to launch regulated digital exchange

02 Jun 2020 | Cryptocurrencies

Tokenise Stock Exchange, a global regulated digital securities exchange, has teamed up with GMEX Technologies (GMEX), a wholly owned subsidiary of GMEX Group.

Tokenise Stock Exchange, GMEX, regulated digital exchange, tokens, equity, digital asset, blockchain, partnership

Threekit launches configurable augmented reality tool for online shopping

20 Apr 2020 | Ecommerce

US-based product visualisation company Threekit has launched of its new configurable augmented reality (AR) feature. 

Threekit, augmented reality, product launch, ecommerce, United States, software provider, United States, North America

Tencent, Huawei team up on a cloud gaming platform

27 Mar 2020 | Ecommerce

Tencent has teamed up with Huawei to set up a laboratory to develop a cloud gaming platform, the Chinese gaming company announced in a statement.

Tencent, Huawei, cloud, gaming, platform, partnership, artificial intelligence, augmented reality, virtual reality, China

Fintech NIGMA, Austrian Institute of Technology to fight crypto-enabled and financial crime

02 Mar 2020 | Digital Identity, Security & Online Fraud

Fintech NIGMA Conseil and AIT Austrian Institute of Technology have signed an agreement to strengthen their collaboration in the fight against cryptocurrency and financial crime.

Fintech, NIGMA, Austrian Institute of Technology, cryptocurrency, financial crime, forensics, fraud prevention

Hackers reveal 10.6 mln personal details of MGM hotel guests

20 Feb 2020 | Digital Identity, Security & Online Fraud

The Guardian has revealed that personal details of over 10.6 million former guests of MGM Resorts hotels were posted on an online hacking forum.

personal details, MGM hotel, hackers, security, financial details, passwords, online hacking

GMEX, DPN launch regulated hybrid digital exchange ecosystem

05 Feb 2020 | Cryptocurrencies

GMEX Group, a provider of digital business and technology solutions for exchange and post-trade operators, and Digital Partners Network (DPN) have launched a regulated hybrid digital exchange ecosystem.

GMEX, DPN, digital exchange, cryptocurrency, tokens, derivatives, SECDEX, Seychelles, blockchain, STO

Mastercard reveals new app to offer card benefits

09 Jan 2020 | Cards

Mastercard has unveiled a new augmented reality (AR) app that allows cardholders see, explore, and access the benefits of their Mastercard.

Mastercard, launch, augmented reality, cards, credit cards, rewards, mobile app

[VIDEO] In the transactional internet we will have control of our own data: interview with Douwe Lycklama, INNOPAY

06 Dec 2019 | Payments General

The Paypers talks with Douwe Lycklama, Innopay, co-author of ‘Everything Transaction’ about the transactional Internet, data, trust and more

Chiel Liezenberg, Douwe Lycklama, Shikko Nijland, Innopay, blockchain, big data, Internet of Things, artificial intelligence, augmented reality, biometrics, data, trust, transactional internet

INFORM, BigML partner to fight financial crime with AI technology

01 Oct 2019 | Digital Identity, Security & Online Fraud

INFORM and BigML have agreed to terms on a preferred partner program to fight against financial crime with RiskShield.

INFORM, BigML, financial crime, RiskShield ML, fraud prevention