Mexico’s antitrust regulator Cofece has reportedly recommended that the government order Amazon and Mercado Libre to take “corrective measures” to ensure competition in the eCommerce market. These measures would include giving service providers greater transparency and separating streaming services from marketplace membership, and doing so within six months, Reuters reported Tuesday (Feb....
In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on the vulnerabilities of hopeful hearts for financial gain. This darker side of romance manifests in the rising tide of online...
Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. Fraud has grown to become the biggest source of income for criminal gangs in Sweden, Bloomberg reported on Tuesday (Feb. 13), which are taking advantage of the country’s...
Small business insurance provider TruShield Insurance is collaborating with Visa to give eligible businesses protection against cybersecurity threats. “Not having adequate protection against cyberattacks could leave business owners at a disadvantage and, in the event of a major loss, susceptible to bankruptcy,” TruShield Insurance said in a Tuesday (Feb....
African HealthTech startups raised $167 million in 2023. That total represented a 2% decline from the previous year, but it was raised during a period in which the amount raised by the broader African tech ecosystem dropped by 39%, Salient Advisory said in a report...
Hasbro may be seeing digital growth via its gaming business, but as consumers buy fewer nice-to-have products, the toys and games company continues to struggle. The Rhode Island-based company shared in its fourth quarter and full year 2023 financial results that it saw a 10%...
ConnexPay has launched a variable-rate virtual card designed to facilitate strategic supplier spend at pre-negotiated rates. The new ConnexPay Flex offers clients a broad spectrum of rate categories when paying suppliers in the United States, the company said in a Tuesday (Feb. 13) press release....
GoTo has denied that it is in merger talks with Grab Holdings. The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on such matters,” Reuters reported Tuesday. Bloomberg reported Friday (Feb. 9) that GoTo and Grab Holdings — which are both Southeast Asian ride-hailing and food-delivery...
Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The company is scaling up hiring across its team in the near term and aims to become the leading business banking...
