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FINASTRA PARTNERS WITH DATAGEAR TO HELP CORPORATE BANKS IN EGYPT OPTIMIZE CORE PROCESSES


Finastra today announced its partnership with DataGear, a leading service provider for banking and financial services in Egypt, to enable corporate banks to rationalize core operations, automate compliance and reduce costs. DataGear will provide its customers with Finastra’s solutions, Fusion Corporate Channels and Fusion Trade Innovation, to help banks strengthen their services and grow their business. Read More


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APOLLO AND MUBADALA INVESTMENT COMPANY EXPAND PARTNERSHIP TO CAPITALIZE ON GLOBAL ORIGINATION OPPORTUNITIES


Apollo and Mubadala Investment Company today announced the expansion of their global partnership, which currently includes a number of strategic initiatives across Apollo’s integrated platform. The expansion of the partnership supports Apollo’s Capital Solutions business to originate transactions across various asset classes and grow product capabilities. It is designed to benefit a wide range of


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CREDIT SUISSE ON THE DEFENSIVE AFTER DIRTY MONEY DATA LEAK


Credit Suisse was plunged into a dirty money scandal on Monday after media outlets reported the Swiss bank had managed accounts for human rights abusers, fraudsters and businessmen who had been placed under sanctions. One person leaked information on the accounts, which were held in decades ranging from the 1940s to 2010s, to Germany’s Sueddeutsche


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‘SWISSLEAKS’ INVESTIGATION TARGETS CREDIT SUISSE BANK


Credit Suisse bank, still reeling from losing billions of dollars last year, faced a fresh challenge Sunday: allegations from an international investigation that it had handled dirty money for decades. A cross-border media investigation broke Sunday claiming that Switzerland’s second-largest bank had held tens of billions of dollars of ill-gotten funds, claims based on an


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TRACE FINANCE ANNOUNCES $4.3M SEED INVESTMENT TO DISRUPT GLOBAL BANKING


Trace Finance, a Brazilian FinTech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round. The investment was led by HOF Capital (investors in Dapper Labs, Terra, Flutterwave, and SpaceX) with participation from Circle Ventures (the company behind USDC – a leading USD-pegged stablecoin with a $50 billion fully diluted market cap), The Chainsmokers (via their fund Mantis


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BILLTRUST ACQUIRES ORDER2CASH, A EUROPEAN B2B FINANCIAL SOFTWARE PROVIDER


Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider. The acquisition follows the October 2021 purchase of iController, broadening the company’s European footprint, global presence and ability to expand its innovative Business Payments Network (BPN).For over 20 years, each company has pursued a


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WORKLIO SELECTS CLAIR AS PARTNER FOR ON-DEMAND PAY BENEFITS


Clair, a social impact embedded-fintech startup transforming the way that hourly employees get paid, today announced its selection as payroll software leader Worklio’s partner to provide free on-demand pay to its users. Now with the integration of Clair’s intuitive on-demand pay access technology and associated services, Worklio’s employee users go beyond simply viewing their pay stubs


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JUNI LAUNCHES ITS FIRST UK CREDIT CARD MADE FOR MEDIA BUYING


Today Juni, the financial companion for ecommerce entrepreneurs, launched its new VISA credit card in the UK. The first of its kind, Juni’s credit card is designed specifically to help ecommerce companies expand and grow. The launch marks a major step for Juni as the company embarks on its one year milestone, with further updates coming soon. While


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I2C PARTNERS WITH QATARI FINTECH STARTUP KARTY TO LAUNCH DIGITAL VISA WALLET


i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with KARTY, a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to launch a digital-first prepaid mobile wallet to the country. Leveraging i2c’s global payments platform, Karty’s mobile wallet will provide Visa-branded digital cards, enabling instant, cashless P2P


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FYNCR, THE FIRST ALL-IN-ONE CREDIT CARD BILL PAYMENTS MOBILE APP LAUNCHES


Remove the pressure of paying multiple credit card bills on different banking platforms with Fyncr, the first all-in-one-card bill payment mobile application in the United States that aims to help people better manage their credit cards, save more and spend intelligently. Fyncr is the only platform that allows every credit card owner to securely store, view,


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TEXAS-BASED AMPLIFY CREDIT UNION DEBUTS FEE-FREE BANKING


Amplify Credit Union announced Wednesday (Feb. 9) that it is rolling out fee-free banking, so members won’t pay fees on checking, savings and business banking accounts — including account maintenance fees, regardless of balance. The Austin, Texas-based credit union also removed fees for wire transfers and overdraft protection. CEO Kendall Garrison said this could be a change for the


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W!SE LAUNCHES NEW FINANCIAL LITERACY APP!


Working in Support of Education (W!se), a leader in financial education, is pleased to announce the launch of a major new digital resource to enhance its award winning Financial Literacy Certification program. This resource is a newly developed cloud-based mobile app with an updated database of practice test questions that enables students from schools participating