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WHY THE FINANCIAL SERVICES INDUSTRY NEEDS TO EMBRACE CONFIDENTIAL COMPUTING


While financial data has always been considered sensitive, the growing number of companies working with sensitive data has brought renewed attention to the issue. Financial institutions are among the most targeted by hackers due to the large amount of critical customer data they handle. Any loss of personally identifiable information (PII) can lead to lawsuits,

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DTCC PARTNERS WITH SNOWFLAKE TO TRANSFORM FINANCIAL INDUSTRY DATA ECOSYSTEM


The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it is partnering with Snowflake, the Data Cloud company, to transform how data is accessed, shared and leveraged across a number of its services. Using the Snowflake Data Cloud, DTCC aims to further promote market

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SWIFT PARTNERS WITH CHAINLINK ON A CROSS-CHAIN INTEROPERABILITY PROTOCOL


SWIFT, the interbank messaging system that allows for cross-border payments, is working with Chainlink, a provider of price feeds and other data to blockchains, on a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept. The interbank network will be able to interact across all blockchain systems thanks to CCIP, which will make it possible for

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FINTECH STARTUP SIGNZY RAISES $26 MILLION IN SERIES B


Leading digital banking infrastructure enabler Signzy today said that it had raised INR 210 Crore (US$26 Million) from Gaja Capital and its existing investors, Vertex Ventures and Arkam Ventures, in its latest funding round. The Bengaluru-based Fintech SaaS startup further stated that it would use the additional funds to improve its “No-code Workflow Digitalization” platform and solutions

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AFFIRM AND AMAZON INTRODUCE PAY-OVER-TIME OPTION TO CUSTOMERS IN CANADA


Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of its relationship with Amazon to Canada, bringing increased payment flexibility and transparency to customers shopping on Amazon.ca. This payment option will be available during checkout to all eligible customers in both English and French within the next month.

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NEXI AND GLOBAL BLUE SIGN A STRATEGIC PARTNERSHIP TO PROVIDE FRICTIONLESS OMNICHANNEL PAYMENT EXPERIENCE FOR THE HOSPITALITY, RESTAURANTS, AND RETAIL ON ORACLE® PLATFORMS


Nexi, the leading PayTech in Europe, and Global Blue, the leading technology company in tax‐free shopping and added‐value payments, enter into a strategic partnership aimed at integrating Nexi’s payment solutions directly into existing Property Management Systems (PMS) and Point Of Sale (POS) software platforms. This agreement further strengthens a long‐term relationship on DCC (Dynamic Currency

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HOW FINANCIAL SERVICES ARE FOLLOWING IN THE FOOTSTEPS OF AMAZON WITH DIGITAL IDENTITY


Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google. Despite the availability of online tools and support via apps or chatbots, traditional banks and financial institutions have traditionally encouraged consumers to visit

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FINTECHCASHIER IS ABOUT TO RELEASE A NEW BANKING BUSINESS MODEL “LITE LABEL” BANKING-AS-A-SERVICE


FintechCashier’s new banking business model and future services are promising. Yes, you heard right, FintechCashier is to release its first “Lite Label” Banking-As-A-Service subscription that allows it to manage the Merchants/ Affiliates/ Customers/ Acquirers and Prepaid issuing all from Backend solution. FintechCashier has recovered from the entire COVID-19 pandemic and is now more resilient than ever. They now

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FLUTTERWAVE ENABLES GOOGLE PAY FOR AFRICAN BUSINESSES


Flutterwave, Africa’s leading payments technology company, today announced Google Pay, a mobile payment service, developed by Google, as a payment method on Flutterwave. As part of this collaboration, Google Pay will serve as an additional payment option for merchants on Flutterwave for business. This collaboration will offer safe and seamless payments, as well as convenient checkout

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DIGITAL ASSETS INFRASTRUCTURE FIRM COPPER.CO SELECTS FENERGO TO STREAMLINE KYC AND CLIENT LIFECYCLE MANAGEMENT


Fenergo, the leading provider of Know-Your-Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions, today announces that Copper.co, a leading provider of custody, trading and settlement services for digital assets, will deploy its SaaS-based CLM and anti-money laundering (AML) solution to onboard increasingly complex client ownership structures. Copper needed a CLM and AML

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FV BANK ANNOUNCES INTEGRATION WITH CIRCLE


FV Bank, the U.S. licensed global digital bank that offers a vertically integrated suite of traditional and digital asset banking and custody services to FinTech and blockchain firms, has today announced the launch of a new service for FV Bank account holders: the ability to instantly and automatically convert Circle’s USD Coin (USDC) into USD at the moment