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Finaro, Mastercard, Northmill, And Nmi Partner To Pioneer First Cloud Commerce Deployment In Europe


Finaro, the global cross-border payment provider and the fully licensed bank has today announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neo bank and POS provider, Northmill, and leading full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership will bring Mastercard’s cloud-native software-based acceptance

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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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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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Carat from Fiserv Introduces Fraud Mitigation Solution to Simplify How Large Businesses Manage Risk


Fiserv, Inc., a leading global provider of payment and financial services technology solutions, today introduced a new fraud mitigation solution designed to simplify the way large enterprises manage multichannel risk management. Accessible through the global trading platform Carat, the modular solution provides traders with controls that can be customized to their risk appetite, as well

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Starling Bank Reveals Location Of New Northern Base As Headcount Swells


Starling Bank has chosen Barings’ Landmark in Manchester to locate its new office in the North. The digital bank intends to create up to 1,000 new jobs for the region to fill roles across the enterprise, including operations, engineering, data science and cybersecurity. The digital lender, which now has 2,500 employees in London, Cardiff, Southampton

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Funding Circle and Sage partner to streamline SME finance


UK-based lending platform Funding Circle has partnered with Sage, the accounting, finance, HR and payroll technology company for small and medium-sized businesses (SMEs). This partnership aims to simplify secure financing for small businesses. With the integration of Sage Accounting and Funding Circle API, businesses will now be able to apply for loans and manage their

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Allianz Trade to acquire remaining stake in Cosec from Banco BPI


Allianz Trade is about to acquire from Banco BPI a 50% stake in Cosec, a Portuguese trade credit insurer. Allianz Trade already owns 50% of Cosec and after the transaction will own 100% of the company. Founded in 1969, Cosec (Companhia de Seguro de Créditos, S.A) specializes in commercial credit insurance. The company became a