Новости за 26.02.2021

Aurora Mobile Limited has struck a partnership deal with international online fashion company Farfetch to bolster its intelligent operation functionalities. The two firms will work together to provide an “unparalleled shopping experience to global customers,” according to a Friday (Feb. 26) announcement. Aurora Mobile will harness its artificial intelligence (AI)-powered technology, smart operational analytics and machine […]

First Boulevard, a neobank focused on the Black community, announced on Friday (Feb. 26) that it has raised $5 million in seed funding. The bank aims to use this funding to expand its team and its customer base, and to add a range of features in advance of the platform’s expected launch in the third […]

As it gets ready to fold in its micro-lending operations, Ant Group is in discussions with other backers in its new consumer finance unit to strengthen the company’s funding, Reuters reported, citing unnamed sources. To satisfy regulatory mandates, it would require 30 billion yuan (approximately $4.6 billion), according to one of the unnamed sources in […]

Today in B2B payments, Plastiq pairs with Ramp to boost corporate card adoption, and Enova's ODX merges with Fundation to form a new small business lender. Plus, DBS offers facial recognition capabilities for small business customers, TravelBank secures cybersecurity certification and Atom Bank plans fundraise ahead of IPO. Plastiq, Ramp Collaborate On Supplier Payments By […]

The good thing about the world of payments and commerce, Karen Webster observed during the latest edition of The Week in Payments with Erwan Gelebart, CEO at JazzCash, is there is never a lack of things to talk about. The last full week of February 2020 was no exception, the two said, as central banks […]

Alibaba was commended by Chinese President Xi Jinping and the state media for its efforts to alleviate poverty and assist farmers with eCommerce, CNN reported on Friday (Feb. 26). Xi complimented Alibaba and many other companies at an event to boost his campaign to put an end to destitution in the country.  Alibaba “is privileged to […]

Restaurant aggregators are uniquely positioned to collect troves of data on consumer behavior, gathering information about, among other habits, which kinds of foods are the most in-demand in each area. Now, delivery platform Hungr is putting that data to use, to both drive profits and offer a service to its restaurant partners, reports Restaurant Business. […]

Expense management and business travel booking platform TravelBank has become an ISO/IEC 27001:2013 certified provider, with its Information Security Management System (ISMS) receiving third-party accreditation from the International Standards Organization, according to a Wednesday (Feb. 24) press release. The ISO/IEC 27001:2013 standards have to do with the best practices for information security systems. By being […]

U.S. hospitals are set to lose as much as $122 billion in revenue this year as a side effect of the pandemic, Bloomberg reported. The losses come from people not coming in for elective procedures during the pandemic, along with hospitals with fewer privately insured patients, according to the report. Meanwhile, safety and treatment costs […]

Reflecting the travel industry’s pandemic-led decline, Airbnb held its first earnings call as a public company on Thursday (Feb. 25) reporting a respectable revenue line, outweighed by a huge loss. “We didn’t ask for this crisis but I think it has made us a better company,” CEO Brian Chesky told the analysts on the earnings […]

San Francisco-based crypto custody firm Anchorage, recently cleared as a bank, has raised $80 million in a Series C funding round, according to CoinDesk. The round was led by GIC, Singapore’s sovereign wealth fund. Andreessen Horowitz (a16z), Blockchain Capital, Lux and Indico also took part, the report stated. Anchorage has been distinguished as the first […]

After suffering a major IT systems outage, TD Bank’s system is now back online, BleepingComputer reported. The outage started at around 2 a.m. Eastern time Thursday (Feb. 25) and prevented users from accessing their online accounts, using ATMs and checking balances over the phone, the report stated. The message users got when attempting to log […]

Etsy offered stronger-than-expected results when its earnings went public just after the market closed Thursday (Feb. 25) with earnings and revenue both clocking in well above analyst expectations. Etsy CEO Josh Silverman noted in a call with analysts that consumers shifting to digital and on the hunt for something different are increasingly drawn to Etsy […]

In its first earnings release since going public, DoorDash reported $970 million for its fourth quarter on Thursday (Feb. 25), a 226 percent increase from the company’s $298 million in 2019. However, despite this dramatic revenue growth, the company’s losses also increased more than twofold from $134 million in Q4 2019 to $312 million in […]

Small and medium-sized business (SMB) owners in Singapore will now be able to use facial recognition to access their DBS Bank accounts, per a report from The Straits Times. To use the software, called SingPass Face Verification, users will just have to face a camera and have their information verified. Before this, business owners who […]

As it aims to double its yearly revenue and speed up user growth during the next couple of years, Twitter Inc. intends to debut a subscription offering for content creators and will look into implementing tipping, The Wall Street Journal reported. The Super Follows subscription effort will enable users to earn compensation for content. According to […]

Zillow is streamlining its home-buying service by giving property owners the chance to sell directly to Zillow based on the Zestimate, the company said in a Thursday (Feb. 25) press release. Zillow Offers — a model known as instant buying, or iBuying — was originally launched in 2018 to offer customers the chance to save […]

In today’s top payments news around the world, RecargaPay has notched $70 million in a Series C funding round to expand its payments platform, while Didi Chuxing Technology plans to bring its ride-hailing service to Western Europe. Plus, Google’s former CEO is warning of China’s tech advances. Brazil’s RecargaPay Raises $70 Million To Expand Payments […]

U.K. FinTech Atom Bank is planning to raise 40 million pounds (about $56 million) from existing shareholders as it plans for an initial public offering (IPO), according to a Prolific North report on Thursday (Feb. 25). The startup has turned the corner of profitability from its mortgage and business lending within a year. The IPO is […]

The events of the past year have showcased many businesses’ resilience, but not all were able to make it through unscathed. Businesses have collapsed, jobs have been lost, stores have closed and salaries have been cut. When it came to food production, the supply chain was impacted at every level, highlighting just how unprepared the industry […]

Enova International struck a deal to combine its ODX operation with origination solutions company Fundation. Enova will keep a minority share in the new combined company, according to a Thursday (Feb. 25) announcement. “This transaction creates the largest independent SaaS provider to banks for small business lending,” Enova CEO David Fisher said in the announcement. “We believe […]