Category: Banking
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Insurance startup Wefox raises USD 55 mln debt facility
June 1, 2022 In the latest round of funding, innovative insurance startup Wefox has managed to secure a significant debt facility worth USD 55 million. This funding will play an instrumental role in fueling the company’s ambitious growth plans as it strives to disrupt the insurance industry. The Funding Boost Wefox has been making…
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Nuvei partners with American Express
Nuvei, a leading global payment technology provider, has announced a strategic partnership with American Express, a renowned financial services corporation. This collaboration aims to enhance and expand the range of payment solutions offered by both companies, catering to the evolving needs of businesses and consumers worldwide. By combining Nuvei’s cutting-edge payment processing platform and American…
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Funding Societies raises USD 7.5 mln from Norfund
Singapore-based peer-to-peer lending platform, Funding Societies, has recently secured a funding of USD 7.5 million from Norfund, the Norwegian Investment Fund for Developing Countries. Funding Societies aims to bridge the SME financing gap in Southeast Asia by providing alternative funding options through its online platform. With this latest investment, Funding Societies plans to accelerate its…
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CQUR Bank partners with Finastra
Exciting news for the banking industry! CQUR Bank is proud to announce its strategic partnership with Finastra, a global financial technology company. This collaboration brings together two industry leaders with a shared vision to transform the digital banking landscape. Enhancing banking operations By joining forces, CQUR Bank and Finastra are poised to revolutionize banking operations,…
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Accenture agrees to acquire OnProcess Technology
Accenture, a leading global professional services company, has announced its agreement to acquire OnProcess Technology, a Massachusetts-based technology and services company. This acquisition is expected to strengthen Accenture’s telecom, media, and technology (TMT) capabilities, allowing the company to better serve its clients in a rapidly evolving industry. Enhancing TMT Capabilities OnProcess Technology is known…
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Adyen partners with Plaid to launch a bank payments solution
In an exciting collaboration, Adyen, a leading global payments platform, has partnered with Plaid, a prestigious financial technology company, to launch a revolutionary bank payments solution. This groundbreaking partnership aims to provide Adyen’s merchants with enhanced payment capabilities by leveraging Plaid’s extensive network of financial institutions. By integrating Plaid’s technology into…
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KoreConX partners with Nuvei
Breaking news: KoreConX forms strategic partnership with Nuvei to revolutionize corporate compliance and payment solutions About KoreConX KoreConX is an all-in-one business platform that offers secure and scalable solutions to facilitate capital raising, shareholder management, and corporate governance for private companies. With its advanced technology suite, KoreConX empowers companies to streamline compliance processes, enhance…
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HKMA to launch its IADS platform
The Hong Kong Monetary Authority (HKMA) has announced the upcoming launch of its Innovative Digital Acceleration for Supervision (IADS) platform, aiming to revolutionize regulatory oversight in the financial sector. The IADS platform will be a pioneering solution that harnesses the power of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Big Data…
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BillingPlatform partners J.P. Morgan Payments
BillingPlatform, a leading provider of agile monetization solutions, has announced its partnership with J.P. Morgan Payments, a global payments technology leader. This collaboration aims to enhance the digital billing and payment experiences for businesses worldwide. As businesses continue to navigate the evolving digital landscape, the need for efficient and secure billing and payment systems becomes…
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Glia launches generative AI tools for FIs
Glia Launches Generative AI Tools for FIs Glia, a leading provider of digital customer service solutions, has announced the launch of their groundbreaking Generative AI Tools designed specifically for Financial Institutions (FIs). This new suite of tools aims to revolutionize the way FIs interact with their customers and deliver personalized experiences. “We are thrilled to…
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Atom Bank raises GBP 100 million in new equity
“A remarkable achievement for Atom Bank as they secure a significant amount of financing to fuel their growth and innovation.” Published on July 16, 2022 LONDON, UK - Atom Bank, a leading digital bank, announced today that they have successfully raised GBP 100 million in new equity funding. This new funding demonstrates the confidence investors…
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Zilch receives eBay investment
In a groundbreaking move, Zilch, the leading financial technology company, has secured a substantial investment from eBay, the renowned global online marketplace. This investment not only reinforces Zilch’s position as an industry leader but also signifies the immense growth potential of the buy now, pay later sector. Revolutionizing the Buy Now, Pay Later Experience…
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Qippay partners with Westpac NZ
Auckland, New Zealand – In an exciting new collaboration, Qippay, the leading digital payment platform, has partnered with Westpac New Zealand, one of the country’s largest banks, to offer customers an enhanced payment experience. The partnership aims to combine Qippay’s advanced payment solutions with Westpac NZ’s extensive banking infrastructure, creating a seamless and secure…
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Waave partners with Merco
Bringing Innovation to the Waves We are excited to announce our latest partnership with Merco, a leading technology company specializing in maritime solutions. This collaboration aims to revolutionize the way people experience water travel. Contact us for more information: Email: info@waave.com Phone: +123456789 © 2022 Waave. All rights reserved. Terms of Service | Privacy…
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Token.io and Open Banking Expo’s research details the potential of VRPs
Understanding the power of VRPs in the digital landscape In a groundbreaking collaboration, Token.io and Open Banking Expo have conducted extensive research on the potential of Virtual Retail Payments (VRPs) and the impact they can have on the future of banking and financial transactions. VRPs, also known as digital currencies or cryptocurrencies, are playing an…
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TrueLayer partners William Hill
TrueLayer, a leading open-banking API provider, has announced a strategic partnership with William Hill, a renowned name in the gambling industry. The collaboration between these two industry leaders aims to bring innovative payment solutions and enhanced user experiences to the online gambling sector. TrueLayer’s cutting-edge technology and expertise in open banking will empower William Hill…
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EPI acquires iDEAL and Payconiq International
In a groundbreaking move, European Payments Initiative (EPI) has announced the acquisition of iDEAL and Payconiq International, two leading fintech companies in the payments industry. This strategic decision will solidify EPI’s presence in the European market while enhancing its capabilities to provide secure, convenient, and innovative payment solutions to millions of customers. Expanding…
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B3 partners with Guru SPOC
Breaking news! B3, a leading global technology company, is excited to announce its strategic partnership with Guru SPOC, a prominent player in the customer service industry. B3, recognized for its innovative solutions in the tech sector, joins forces with Guru SPOC to revolutionize customer support experiences worldwide. This collaboration aims to enhance the efficiency, accuracy,…
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Debate surrounds proposed Open Finance legislation in Brazil
The prospect of Open Finance has stirred immense debate within Brazil as proposed legislation aims to reshape the country’s financial landscape. Open Finance, which builds on the concept of Open Banking, is expected to allow consumers to share their financial data securely with authorized third-party providers for an enhanced range of …
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Dwolla announces Open Finance integrations
Dwolla, a leading payment infrastructure company, has made an exciting announcement regarding the launch of Open Finance integrations. This strategic move aims to revolutionize the way financial data is accessed, analyzed, and utilized in various industries. Open Finance refers to the concept of connecting financial institutions and enabling them to share and access…