Economy Archives - The Fintech

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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Array Partners with FICO to Address Growing Demand for Embedded Finance Products

Fintech Meetup–Array, a leading financial innovation platform, announced a multi-year agreement with a leading FICO analytics software company that will make FICO scores and credit data available to millions of consumers. this platform – the product form of Array. A consumer’s FICO score and the factors behind it are vital information consumers need to plan

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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Payment Service Providers Must Take The Lead For Payments Innovation To Succeed

Innovation is essential to ensure payments keep pace with consumer demand and to enable merchants to find new ways to engage and serve customers. However, to ensure that innovative new payment methods are introduced and their benefits are realized by both consumers and businesses, payment decision-makers are reluctant to take the plunge and adopt new

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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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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,

Citi Foundation Announces Inaugural Global Innovation Challenge To Empower Nonprofits Improving Food Security Around The World

The Citi Foundation announced the first-ever Global Innovation Challenge to help scale the impact of nonprofits around the world developing innovative solutions to improve food security. This first challenge will provide a total of $25 million to 50 organizations to support piloting or scaling up ideas and projects designed to address this issue and strengthen

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NEXI And JAKALA Announce CVM Martech Lab, The European Centre For Customer Engagement In Financial Services

Nexi, Europe’s Payment Technology, in partnership with Jakala, Italy’s leading Martech company, established CVM Martech Lab, the new customer value management center for the financial services sector, to provide giving banks and fintech better knowledge of data science and marketing. -how and technology to advance CVM, through solutions that leverage the key role of digital

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Where will integrated finance go in 2023?

As we all know, integrated finance refers to the integration of financial services into non-financial products and services, such as retail websites, mobile apps, and even physical products. In other words, it is making financial services more accessible and convenient for consumers by integrating them with the products and services they already use. Over the

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Neobank Startup SME Bank Expands Its Services With Sepa Instant Transfers And Swift

SME Bank, a new banking startup providing banking and financial services specifically for SMEs, today announces the addition of SEPA Instant Transfer as well as participation in SWIFT, a network of Mass messaging used by banks and financial institutions around the world. The expanded range of services means that the SME Bank will better respond

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Digital Tipping Provider Etip Partners With Visa To Modernize Tipping For Hospitality And Service Industries

eTip, a powerful and customizable digital tip solution, today announced a partnership with Visa, the world leader in digital payments. Working together, eTip and Visa are helping hospitality and service customers accelerate digital tip adoption. While cashless payment methods and contactless tipping for restaurant employees have skyrocketed due to pandemic demand, payment methods for hospitality

Citi Foundation Announces Inaugural Global Innovation Challenge To Empower Nonprofits Improving Food Security Around The World

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