Top Stories

China outbound and inbound tourism spending rebounds on Ant Group’s...

Data from Ant Group shows a robust rebound of consumer spending during the first back-to-normal Chinese New Year (CNY) travel season after the Covid-19 pandemic, especially in cross-border tourism.   Through...

Buy Now, Pay Early: 97.4% of Klarna Black Friday purchases paid off on time or...

Klarna, the AI-powered global payments provider and shopping assistant, has revealed UK consumers paid off 97.4% of Black Friday orders on time or early, an increase of 2% compared with last year. The data comes as Bank...

PayPal Ventures invests in Mesh 

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, has announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s...

Revolut launches AI feature to protect customers from card scams and break the...

Revolut, a leading UK FinTech with more than 35 million customers worldwide, has announced the launch of an advanced scam detection feature to help protect customers from card scams.   Revolut’s new AI-scam f...

ASTRI sets up FinTech and ESG Alliance 

The Hong Kong Applied Science and Technology Research Institute (ASTRI) has inaugurated a ‘FinTech and ESG Alliance‘ to foster a dynamic platform for exchange and knowledge-sharing. This alliance aims to enhance eng...

Experts express concerns over the EU Parliament Committee’s position on the P...

The European Parliament’s Economic and Monetary Affairs Committee (ECON) adopted its position on the Payment Services Regulation (PSR), which introduces new rules for providers of payment and electronic money s...

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