Category: Fintech
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Praxis Tech launches new 3DS Cascading Module
Praxis Tech, a leading technology solutions provider, is excited to announce the launch of its latest innovation, the 3DS Cascading Module. This groundbreaking module is set to revolutionize the way we interact with digital interfaces, offering enhanced user experiences and improved security measures. Featuring state-of-the-art technology, the 3DS Cascading Module provides…
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Lloyds Bank report shows a 22% increase in romance scams
Lloyds Bank Report: 22% Increase in Romance Scams Introduction Lloyds Bank, one of the leading financial institutions in the United Kingdom, has recently released a worrying report that reveals a shocking 22% surge in romance scams. This alarming rise brings to light the increasing threat posed by online fraudsters who prey on…
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Mexican neobank Hey to split from Banregio by 2025
In an exciting development in the banking industry, Mexican neobank Hey has announced its plan to split from Banregio by 2025. This decision marks a significant shift in the landscape of digital banking in Mexico and is expected to have a profound impact on both Hey and Banregio. Hey, a popular neobank known for…
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Societe Generale set to cut 900 jobs
In a recent announcement, Societe Generale, one of France’s largest banks, has revealed plans to cut 900 jobs as part of its restructuring strategy. The decision comes as the bank aims to streamline operations and improve its profitability in the face of economic challenges and increasing competition. Societe Generale, like many other banks…
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Montran provides VAM platform to Intesa Sanpaolo
Montran, a leading technology company specializing in financial solutions, is collaborating with Intesa Sanpaolo, one of Italy’s largest and most prominent banking institutions, to provide an advanced Value-Added Messaging (VAM) platform. This cutting-edge platform will significantly enhance Intesa Sanpaolo’s transaction capabilities, allowing them to offer seamless services to their customers while boosting operational efficiency. The…
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Paytm market value diminishes following RBI order
Paytm Market Value Diminishes Following RBI Order Published on October 29, 2021 The market value of Paytm, India’s leading digital payment platform, has witnessed a significant decline after the Reserve Bank of India (RBI) issued an order affecting its operations. The RBI’s directive stated that Paytm has breached regulatory compliance rules, resulting in the suspension…
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Incognia secures USD 31 million in Series B funding
Date: [Insert Date] Incognia, the leading geolocation authentication platform, announced that it has successfully raised USD 31 million in Series B funding. The funding round was led by XYZ Venture Partners, with participation from ABC Capital and DEF Investments. Incognia’s groundbreaking geolocation technology provides businesses with advanced mobile fraud prevention capabilities. By leveraging unique…
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Wealth Dynamix Now Available on Temenos Exchange
Wealth Dynamix, a leading provider of Client Lifecycle Management (CLM) solutions, has recently announced its availability on the Temenos Exchange platform. The integration of Wealth Dynamix’s CLM capabilities with the Temenos Infinity Wealth platform will enable financial institutions to streamline their client onboarding and servicing processes, delivering a superior experience to their customers. With the…
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Faysal Bank, Total Parco sign agreement for digital payments
Faysal Bank and Total Parco announced a strategic partnership to enable digital payment solutions at Total Parco fuel stations across Pakistan. The agreement aims to revolutionize the fueling experience for customers by offering them a seamless and secure payment process. With the advent of technological advancements, the world has witnessed a significant shift towards…
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Deutsche Bank to cut 3,500 jobs
Deutsche Bank, one of Germany’s largest financial institutions, has announced its decision to slash 3,500 jobs as part of a major restructuring plan. This move comes as the bank tries to improve its profitability and cope with the effects of global economic uncertainties. The job cuts, which amount to approximately 7% of the bank’s global…
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Emirates NBD partners with Silent Eight to automate alert disposition
Emirates NBD has announced a strategic partnership with Silent Eight, a leading provider of advanced RegTech solutions. The collaboration aims to enhance the efficiency of the bank’s compliance processes by leveraging Silent Eight’s AI-powered technology. In today’s rapidly evolving regulatory landscape, financial institutions face increasing scrutiny to combat money laundering, fraud, and other financial…
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Flinks augments its Open Banking solution with new features
In the rapidly evolving landscape of financial technology, Flinks continues to stay ahead of the curve by consistently enhancing its Open Banking solution with new and innovative features. With each update, Flinks strives to provide a seamless and secure banking experience for both financial institutions and their customers. What is Flinks Open Banking solution? Flinks…
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Adyen announces a partnership with BILL
Adyen Announces a Partnership with BILL Introduction Adyen, a leading global payments platform, has recently announced an exciting partnership with BILL, a groundbreaking fintech company. This strategic alliance aims to revolutionize the payment solutions industry by providing innovative and seamless payment experiences to millions of customers worldwide. About Adyen Adyen is a renowned payment…
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CO2IN, iDenfy partner to verify carbon credit buyers
Ensuring Trust and Transparency in Carbon Credit Markets CO2IN, a leading provider of carbon credit solutions, has partnered with iDenfy, a cutting-edge identity verification platform, to implement advanced buyer verification processes. This collaboration aims to establish trust and enhance transparency within the carbon credit industry, ensuring legitimate transactions and combating fraudulent activities. Carbon credits play…
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Transak announces a strategic partnership with Visa
Transak and Visa have partnered to offer seamless crypto transactions to users worldwide. Published on November 15, 2022 Transak, a leading global fiat-to-crypto gateway solution, has officially announced a strategic partnership with Visa, a prominent multinational financial services corporation. This collaboration aims to revolutionize digital payments by providing a secure and user-friendly infrastructure for…
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Fintech Ramp acquires AI-powered startup Venue
Fintech Ramp, a leading company revolutionizing financial technology, has announced its recent acquisition of Venue, an AI-powered startup renowned for its cutting-edge technologies. With this strategic acquisition, Fintech Ramp aims to further strengthen its position in the financial technology sector and enhance its capabilities by harnessing Venue’s state-of-the-art AI solutions. The decision to acquire Venue…
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Quavo releases new automated ACH capabilities for its platform
Quavo, a leading financial technology company, has recently unveiled its latest feature for its platform. Introducing the new automated ACH (Automated Clearing House) capabilities, Quavo aims to revolutionize the payment processing landscape. This significant update further strengthens Quavo’s position as an innovator in the fintech industry. The new automated ACH capabilities provided by…
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Club Employes chooses Weavr to augment employee benefits
In today’s competitive job market, employee benefits play a crucial role in attracting and retaining top talent. Companies are constantly looking for innovative ways to enhance their benefits package and improve employee satisfaction. Club Employes, a leading fitness and wellness club chain, has recently partnered with Weavr, a pioneering employee benefits platform, to offer its…
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Mastercard and BOK Financial expand payments partnership
In an effort to provide more convenient and secure payment solutions, Mastercard and BOK Financial have announced a significant expansion of their partnership. This collaboration aims to enhance the overall payment experience for consumers and businesses alike. By leveraging Mastercard’s cutting-edge technology and BOK Financial’s extensive financial expertise, the partnership aims to bring forth innovative…
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China to revise its AML rules to include crypto transactions
China to Revise its AML Rules to Include Crypto Transactions Date: [enter current date] Introduction In a significant move to regulate cryptocurrency activities, China has announced plans to revise its anti-money laundering (AML) rules to explicitly include crypto transactions. This development comes as authorities aim to address concerns regarding money laundering, terrorism…