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Tag: fintech

Swedish fintech startup Klarna reports first ever annual loss in 2019

Klarna CEO Sebastian Siemiatkowski speaks at a technology and music conference in Stockholm, Sweden. Johan Jeppsson | Bloomberg via Getty Images Swedish financial technology start-up Klarna has reported an annual loss for the first time, following years of profitability. Klarna, which lets people buy items online and pay for them over instalments, reported a loss …

Swedish fintech startup Klarna reports first ever annual loss in 2019Read More

Payments giant Worldline to buy rival Ingenico amid fintech threat

A customer makes a contactless payment with a bank card on an Ingenico payment terminal. Bloomberg | Getty Images Two European giants in the payments space are set to combine to create the industry’s fourth-largest player. France’s Worldline said it would buy domestic rival Ingenico in a deal consisting of 81% stock and 19% cash. …

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No OTP for transactions upto Rs 2,000 on Flipkart with Visa, Retail News, ET Retail

MUMBAI: Flipkart on Monday launched Visa Safe Click (VSC), powered by Visa, that will eliminate the need for One Time Passwords (OTP) for transactions up to Rs 2,000 on the e-commerce platform. VSC will deploy India’s first in-app, device-based network authentication solution for a hassle-free and safe payment process for the consumers, Flipkart said in …

No OTP for transactions upto Rs 2,000 on Flipkart with Visa, Retail News, ET RetailRead More

Walmart to launch fintech accelerator 

Get great content like this right in your inbox. Subscribe Walmart is diving into the fast-growing field of financial technology. The nation’s largest retailer said it is creating a financial technology (fintech) accelerator—TailFin Labs—to develop  products, services and technologies that “sit at the intersection of retail shopping and consumer financial services.”    Walmart’s partner on …

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