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Prometeo Launches Bank Account Validation Offering for US Market
Prometeo Launches Bank Account Validation Offering for US Market
June 18, 2024  |  Banking

Latin American FinTech Prometeo has launched its Bank Account Validation (BAV) offering for the U.S. market. This offering enables Latin American businesses to connect with...

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Mexican Payments/Commerce Platform Clip Raises $100 Million
Mexican Payments/Commerce Platform Clip Raises $100 Million
June 18, 2024  |  Investments

Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. The financing comes from investment funds managed by Morgan Stanley Tactical Value, and...

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Amazon Expands Prescription Offering to Medicare Members
Amazon Expands Prescription Offering to Medicare Members
June 18, 2024  |  Amazon

Amazon said it has expanded its prescription drug program to include Medicare beneficiaries. Beginning Tuesday (June 18), more than 50 million enrollees in the government...

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Snapchat Adds AI-Powered Tools to Build AR Effects
Snapchat Adds AI-Powered Tools to Build AR Effects
June 18, 2024  |  artificial intelligence

Snapchat parent company Snap has launched new generative artificial intelligence (AI) tools that helps users create augmented reality (AR) effects. These tools will enable artists and...

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TravelPerk Acquires AmTrav as US Business Travel Rebounds
TravelPerk Acquires AmTrav as US Business Travel Rebounds
June 18, 2024  |  Acquisitions

TravelPerk is expanding into the U.S. by acquiring fellow business travel platform, Chicago-based AmTrav. “Both platforms will capitalize on proprietary tech, AI capabilities, and expanded...

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China’s Huawei Mulls In-App Purchase Fees as it Challenges Apple
China’s Huawei Mulls In-App Purchase Fees as it Challenges Apple
June 18, 2024  |  Mobile Applications

Chinese smartphone-maker Huawei is reportedly considering levying in-app purchase fees on its operating system. That’s according to a report Tuesday (June 18) by Bloomberg News,...

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Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
June 18, 2024  |  Apple

Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access...

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Swiss Regulator Says HSBC Violated Money Laundering Regulations
Swiss Regulator Says HSBC Violated Money Laundering Regulations
June 18, 2024  |  AML

Swiss financial market supervisory authority FINMA has ruled that HSBC Private Bank (Suisse) SA violated money laundering regulations. This ruling followed enforcement proceedings opened by...

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JPMorgan Payments and Loop Team to Monetize Freight Payments
JPMorgan Payments and Loop Team to Monetize Freight Payments
June 18, 2024  |  Partnerships

J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the...

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