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Westpac to issue accessible cards for visually impaired


Westpac is launching a new set of card designs to make payments more accessible to customers who are blind or visually impaired. Credit, debit and prepaid cards will incorporate new accessibility features, including different notches along the short edge to allow customers to distinguish their payment cards from each other with a single touch. .

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American Express and Plaid Announce Customer-Permissioned Data Sharing Agreement to Boost Digital Finance Options for Customers


American Express announced an agreement with Plaid, a data network powering the digital financial ecosystem, for API-based integrations that will provide new digital banking options for customers while also improving the security of their accounts. Millions of American Express customers will now have the ability to more securely sign in to Plaid’s 8,000+ connected apps and

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Madison Dearborn Partners Completes Acquisition of MoneyGram


MoneyGram International, Inc., a leading global financial technology company connecting communities around the world, and Madison Dearborn Partners (“MDP”), a leading private equity investment firm headquartered in Chicago, announced today that MDP-linked funds have completed their all-cash transaction. acquired MoneyGram for $11.00 per share. MoneyGram’s common stock has ceased trading and will be delisted from

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Allica Bank enlists ClearBank to boost business banking for UK SMEs


ClearBank, a company that provides integrated banking services and real-time clearing for financial institutions, today announced a partnership with Allica Bank, a fintech bank dedicated to supporting small businesses. Small and medium enterprises based in the UK. Allica Bank was established to serve established UK SMEs (companies with 10-250 employees) and to provide them with

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Origin Acquires Finny to Fill a Critical Gap in Workplace Financial Education


Origin, the startup reimagining financial wellness in the workplace, announced it has acquired Finny, a financial health startup. Origin will integrate Finny’s financial education, content, curriculum, and debt management tools into its financial wellness platform addressing the urgent need for improved financial literacy. Money is the number one source of stress – more than work, health and

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Allfunds Tech Solutions Announces New Partnership With Unicredit


Allfunds Tech Solutions, the bespoke digital solutions arm of Allfunds specializing in harnessing the power of digital transformation for clients across the financial services industry, today announces a new partnership with UniCredit, the pan-European commercial bank. The partnership will leverage Allfunds Tech Solutions digital capabilities to facilitate UniCredit’s transformation program to further streamline its systems

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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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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,

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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