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Fiserv and Central Payments Deliver Modern Issuing Capabilities to Fintechs and Financial Institutions


Fiserv, Inc., a leading global provider of payment and financial services technology solutions, and Central Payments L.L.C., a banking as a service (BaaS) provider, enabling fintechs, businesses Businesses and payment facilitators bring financial products and services to market with greater speed and growth potential. The combination of the Fiserv technology stack, including real-time core, card

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Apex Group acquires Efficient Group companies in South Africa


Apex Group Ltd., a global financial services provider, today announced its proposal to acquire Efficient Group (Pty) Ltd. Efficient is the parent company of Boutique Collective Investments (RF) (Pty) Ltd (“BCI”) and Boutique Investment Partners (Pty) Ltd (“BIP”) and upon completion of the acquisition, Efficient Group (Pty) Ltd will rename the Apex Corporation banner. The

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Stripe and OpenAI collaborate to monetize OpenAI’s flagship products and enhance Stripe with GPT-4


Stripe, a financial infrastructure platform for businesses, today announced that OpenAI has chosen Stripe to power payments as it prepares to commercialize innovative AI technologies. it’s ChatGPT and DALL E revolution. Stripe is also integrating OpenAI’s new natural language technology, GPT-4, into its products and services. “We’re excited to work with Stripe to monetize our

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PWC UK Picks Ai Quality Leader TruEra To Collaborate On Ai Risk Management


TruEra, a leading provider of AI quality management solutions for testing, interpreting, debugging, and monitoring machine learning (ML) models, today announced that it has been selected by PwC to integrate AI risk management in the UK and Ireland. Key elements of the collaboration include: • Using TruEra’s software to validate AI/ML models (e.g., analyzing robustness

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Mastercard extends partnership with Banque Misr in Egypt


Building on their successful strategic partnership, Banque Misr has signed a long-term partnership agreement with Mastercard to provide the bank with the latest in digital payment technology to deliver products, services and solutions. New innovative solutions for customers, all segments and for digital support. advanced solutions have a competitive advantage. As part of this partnership,

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HSBC buys Silicon Valley Bank UK


The collapse of the US bank Silicon Valley Bank (SVB) HSBC has bought its UK subsidiary, SVB UK, for £1. Customers and businesses who have deposited funds into SVB UK will have normal access. Taxes were irrelevant. “Continue to bank as usual, safe in the knowledge that their deposits are backed by the strength, safety

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Digital Identity Regtech Socure Secures $95 Million Credit Facility With J.P. Morgan, Silicon Valley Bank And Keybanc Capital Markets


Socure, a leading provider of digital identity verification and fraud solutions, today announced a partnership with J.P. Morgan signed a $95 million line of credit over three years with Silicon Valley Bank and KeyBank Capital Markets. This line of credit further strengthens the company’s financial position as it continues its mission of being the first

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Articles

The Recession Reset


With two consecutive quarters of negative growth, we are by definition in a recession. The next question is, will it be light or heavy? While signs are currently pointing to a mild recession and a “light landing,” which is the ideal outcome, the advertising industry has taken a hit. Regardless of what we’re going through,