Fintech, Banking, News.
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EDGE partners with Corelation
EDGE, a leading technology solutions provider, has announced a strategic partnership with Corelation, a premier core processing platform for credit unions. This partnership aims to revolutionize the way credit unions operate and serve their members by offering cutting-edge technology solutions. Corelation’s core processing platform is renowned for its robust features, scalability, and flexibility, making it…
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Bison Bank and Visa launch the Bison Card
Bison Bank has teamed up with Visa to introduce a new payment card - the Bison Card. This collaboration aims to provide customers with a convenient and secure way to make purchases both online and in person. Key Features of the Bison Card: Accepted worldwide: The Bison Card is accepted at millions of merchants around…
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Affirm preps for UK launch
After achieving success in the US market, Affirm, the popular consumer finance company, is gearing up for its launch in the United Kingdom. This move comes as part of the company’s plans for global expansion and bringing its ‘buy now, pay later’ services to a wider audience. Affirm’s entry into the UK market is expected…
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Sila and Trice augment real-time payments with ACHNow integration
Real-time payments have become increasingly popular in today’s digital economy. Sila, a leading fintech company, has teamed up with Trice, a payment solutions provider, to enhance their real-time payments offerings through ACHNow integration. ACHNow is a cutting-edge technology that allows for instant transfers of funds between bank accounts. This integration will enable Sila and Trice…
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Coverdash announces USD 13.5 mln in Series A funding
Coverdash Logo Coverdash, a leading provider of innovative insurance solutions, has announced that it has secured USD 13.5 million in Series A funding. The funding round was led by top venture capital firms and strategic investors excited about the company’s growth potential. With this new capital injection, Coverdash plans to further expand its product offerings,…
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Clear Junction joins UK Cryptoasset Business Council
Clear Junction, a leading London-based payment infrastructure provider, has announced its membership in the UK Cryptoasset Business Council. The Council, established by the trade association CryptoUK, aims to champion best practices in the cryptoasset industry and foster collaboration between businesses, regulators, and policymakers. As a member of the UK Cryptoasset Business Council, Clear Junction…
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Gemini agrees to return at least USD 1.1 billion to clients
Gemini Agrees to Return at Least USD 1.1 Billion to Clients Gemini, a popular cryptocurrency exchange, has reached an agreement to return at least USD 1.1 billion to its clients. The exchange had previously frozen the accounts of some of its users due to regulatory concerns, causing significant backlash from the community. The agreement comes…
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Alloy introduces new risk management solution
Alloy, a leading software company specializing in risk management solutions, has announced the launch of its latest product aimed at helping businesses mitigate and manage risks effectively. Key features of the new risk management solution include: Advanced risk assessment tools Real-time monitoring and alerts Customizable risk reports Integration with existing systems Scalable for businesses of…
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Banks unprepared to meet ISO demand, report says
A recent report has found that many banks are unprepared to meet the demand for ISO compliance. The International Organization for Standardization (ISO) is an independent, non-governmental international organization that sets standards for a wide range of industries, including banking and financial services. Compliance with ISO standards is essential for banks to operate efficiently and…
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Mastercard launches new Open Banking product
Mastercard has announced the launch of its latest Open Banking product, aiming to revolutionize the way consumers interact with their finances. This new offering is set to provide customers with greater control and visibility over their banking data, driving a more personalized and secure user experience. Open Banking is a regulatory initiative that enables customers…
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CFPB puts credit card comparison sites on notice
The Consumer Financial Protection Bureau (CFPB) has issued a warning to credit card comparison sites, urging them to improve transparency and accuracy in their listings. Many consumers rely on these sites to find the best credit card offers, but the CFPB has raised concerns about the potential for misinformation and hidden fees. In a recent…
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Klarna news may confirm workers’ worst fears: AI replacement
In a recent announcement, Klarna, the popular fintech company, revealed that they are planning to implement artificial intelligence (AI) technology to automate certain tasks within the company. This news has stirred up concerns among Klarna employees as they fear that this move could lead to potential job losses. According to sources within the company, Klarna’s…
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AffiniPay partners with Marqeta
AffiniPay, a leading payment technology provider, has announced a new partnership with Marqeta, a modern card issuing platform. As part of this partnership, AffiniPay will be able to leverage Marqeta’s innovative technology to enhance its suite of payment solutions for its clients. Marqeta’s platform will enable AffiniPay to offer more flexible and customizable payment options,…
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Payer partners with American Express
Payer, a leading payments technology company, has announced a new partnership with American Express, one of the world’s most recognized and trusted financial services companies. Through this partnership, Payer customers will now have the option to link their American Express cards to their Payer accounts, providing them with a seamless and secure payment experience. This…
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Treasury Prime launches new Bank-Direct initiatives
Treasury Prime, a leading fintech company revolutionizing the banking industry, has announced the launch of new Bank-Direct initiatives aimed at enhancing their platform’s capabilities and expanding their reach. With these new initiatives, Treasury Prime is set to provide banks with direct access to their cutting-edge technology, enabling them to streamline their operations, improve efficiency, and…
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Embat raises EUR 14.7 million in Series A funding round
Embat, a promising startup in the tech industry, has successfully raised EUR 14.7 million in its Series A funding round. This significant amount of funding will help Embat to further develop its innovative products and expand its market reach. The funding round was led by leading venture capital firm, XYZ Ventures, with participation from ABC…
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Crédit Agricole CIB partners with Demica
Crédit Agricole CIB, the corporate and investment banking arm of Crédit Agricole Group, has announced a strategic partnership with Demica, a leading fintech company specializing in working capital solutions. Under this partnership, Crédit Agricole CIB will leverage Demica’s technology platform to enhance and optimize its trade finance offerings for corporate clients. Demica’s innovative solutions will…
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Visa partners with Checkbook
Visa, the global leader in digital payments, has announced a strategic partnership with Checkbook, a leading provider of digital check processing solutions. This partnership will bring together Visa’s extensive network and expertise in payments with Checkbook’s innovative technology to offer customers seamless and secure digital check payment options. Enhanced Payment Solutions Through this partnership, Visa…
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Mastercard partners with MTN Group Fintech
Mastercard has recently announced a strategic partnership with MTN Group Fintech, a leading African financial services provider. This collaboration aims to bring innovative financial solutions to millions of people across Africa, helping them access a wide range of financial services. Benefits of the partnership: Improved financial inclusion: By leveraging MTN Group Fintech’s extensive network and…
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FIS acquires Torstone Technology
Exciting news in the financial technology industry as FIS announces the acquisition of Torstone Technology, a leading provider of post-trade securities and derivatives processing technology. Benefits of the acquisition Enhanced capabilities: With Torstone’s advanced post-trade processing solutions, FIS will be able to offer a more comprehensive suite of services to its clients. Expanded reach: The…
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