Tagged: shopping

UK’s Starling Bank Survey: Consumers Admit to Overspending, Experience Negative Impact of Making Unnecessary Purcchases

The Black Friday sales are fast upon us and while “nearly two thirds (62%) of consumers say they plan to take advantage of the discounts, nearly a third (29%) of people who have shopped over Black Friday in the past have regretted their purchases.” Buyer’s… Read More

Identity Fraud Set to Peak During Shopping Surge – Experian Report

Identity fraud rose by more than a fifth this year, “amid warnings that fraudulent activity is set to peak over the Christmas shopping period.” New analysis from Experian reveals “that identity fraud rose by 22% in 2023, when compared to 2022, with the trend expected… Read More

Automobile Financing Experience Streamlined by Bank of America with Digital Tools, Resources

Bank of America (NYSE: BAC) is introducing new digital capabilities to support consumers in their car shopping and financing journey. Bank of America clients can now “get prequalified for auto financing to learn how much they may be able to borrow and estimate their terms,… Read More

Fintech Klarna Introduces “Conscious” Shopping Tools

Klarna, the AI powered global payments network, announced the launch of several new products and services aimed to promote circularity and encourage smart shopping. With these updates, Klarna continues to evolve beyond payments “to become a starting point for every purchase for 150 million consumers… Read More

Fintech Diebold Nixdorf Expands Offerings to Address Use of Cash

Diebold Nixdorf (NYSE: DBD), a key player focused on automating, digitizing and transforming the way people bank and shop, announced at Intersect Las Vegas the launch of two new models as part of its DN Series family, the DN Series 600V teller cash recycler system… Read More

BNPL: Flynas, Fintech Tabby to Help Clients Pay Travel Tickets with Manageable Monthly Payments

flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the world, and Tabby, the MENA region’s shopping and financial services app, have announced a partnership “to provide travelers with flexible payment solutions, allowing flynas’ customers to pay for their… Read More

Global Fintech Klarna Reports Steady Growth in Canada, with 640k Active Consumers, 2M Orders Processed

Klarna, the AI powered global payments network and shopping destination, announced its continued momentum in Canada. Since launching in the market in February 2022 less than 18 months ago, Klarna claims it has achieved “a rapidly expanding network of over 640,000 active consumers; processed over… Read More

Digital Banking: Nubank, Casas Bahia to Offer New In-App Shopping Experience

One year after launching its marketplace, Nubank (NYSE:NU), one of the world’s largest digital financial services platforms, is partnering with the traditional retail chain Casas Bahia in order “to implement a new shopping experience in its app.” Now, Nu customers will “have an even more… Read More

BNPL Provider Klarna to Partner with Money Adviser Network to Provide Debt Advice to Clients

Klarna, the global payments network and shopping destination, announced a partnership with the Money Adviser Network to help its consumers access free and impartial debt advice quickly, as part of wider efforts to promote healthy spending. This makes Klarna the first Buy Now Pay Later… Read More

Fintech Klarna Introduces Tools For Shopping Consciously, Focusing on Climate Action

Klarna, the AI powered global payments network and shopping destination, unveiled new tools enabling consumers to make more informed purchasing decisions and take action for the planet, “including a top-up donations feature and expanded CO₂e emissions tracking insights within the Home & Gardens and Jewelry… Read More

PayPal Ventures Invests in MENA Region Fintech Tabby’s $58M Series C

Tabby, one of MENA’s shopping and financial services apps, has raised $58 million from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures and Endeavor Catalyst in a Series C round which values the company at $660 million. The fundraise will be used… Read More

Alipay+, a Provider of Cross-Border Payment Solutions, to Serve 100M Digital Wallet Users

Alipay+, a suite of cross-border payment and marketing solutions, has supported global online merchant partners “to serve over 100 million e-wallet users as they flock to take up the offers and benefits since the global Double 11 event kicked off on November 1.” The consumers… Read More

Smart Shopping App Karma Introduces “Pay with Karma”

Karma, the fintech app that helps shoppers get what they want at the lowest price by scanning for coupons and getting price drop notifications, announced the launch of its innovative payment feature, Pay with Karma. The new embedded checkout “gives shoppers a simplified, one-swipe purchase… Read More

BNPL: Afterpay’s Monthly Payment Solution Gives Consumers More Ways to Pay

Afterpay (ASX:APT), which claims to be a leader in “Buy Now, Pay Later” (BNPL) payments, introduced a new payment solution that gives consumers even more choice, flexibility and time “to pay, with transparent terms to support responsible spending – just in time for the busy… Read More

Checkmate, a Smart Shopping Tool Provider, Announces $5M Seed Funding Round

Chess Strategy

Checkmate, a personalized smart shopping tool that makes it easy for users to discover brands, apply savings and manage their orders post-purchase, announced it has secured a $5 million seed funding round led by Fuel Capital. Checkmate will use the new investment “to accelerate its… Read More

ShopBack, a Fintech Offering a Rewards Platform, Prepares for Hong Kong Launch

ShopBack, a Temasek-supported shopping and rewards platform, recently revealed that it would be expanding its presence to Hong Kong with a “soft launch” scheduled for August 8, 2022. ShopBack‘s management noted that they’ve onboarded more than 250 merchants in Hong Kong ranging from domestic to… Read More

BNPL: FIntech Tabby Acquires $150M Credit Facility

Tabby, which is MENA’s payments and shopping app, has acquired $150 million in debt financing from Atalaya Capital Management and existing investor Partners for Growth (PFG). Based in New York, this facility “marks Atalaya Capital Management’s first deal in the MENA region.” In addition, San… Read More

Worldline, Casio to Support Cashless Shopping in Japanese Markets

Worldline [Euronext: WLN], which claims to be an international leader in payment services, and Casio Computer recently revealed that they have agreed to a business alliance to support card payments and cashless shopping in Japan, a market with significant potential to transform its conservative retail… Read More

American Express Enhances Blue Cash Everyday Card with New Benefits

American Express (NYSE:AXP) has launched the “refreshed” Blue Cash Everyday Card with “new online shopping rewards, credits for streaming and cooking at home, and a sleek new Card design.” Blue Cash Everyday now “offers 3% cash back on U.S. online retail purchases, at U.S. supermarkets,… Read More

Klarna App Is Enhanced with Digital Wallet for Quick Access to Loyalty Cards

Klarna, a digital bank, payments, and credit provider, announced the launch of its new Loyalty Card feature in the Klarna App. This allows app users “to store and access their physical loyalty cards as digital versions.” They can then “collect all points and benefits at… Read More

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