FINTECH 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

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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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Flutterwave Secures Two Additional Licenses In Rwanda: Electronic Money Issuer & Remittance Licenses

Flutterwave, Africa’s leading payment technology company, today announced that it has acquired an e-money issuer and remittance license from the National Bank of Rwanda. This will allow the company to expand its operations in East Africa. With these new licenses, Flutterwave will be able to provide its 13.46 million people living and working in Rwanda

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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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Clara Secures Debt Financing For Up To $90m From Accial Capital To Strengthen Its Presence In Colombia

Clara, the leading digital end-to-end enterprise spending management platform in Latin America, announced the approval of up to $90 million in funding from Accial Capital, a debt provider based in the United States. The US focuses on emerging markets and its fund launches in the US. partnered with Skandia FCP IMPACTO, an impact-focused debt fund

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Mastercard extends partnership with Banque Misr in Egypt

Building on their successful strategic partnership, Banque Misr has signed a long-term partnership agreement with Mastercard to provide the bank with the latest in digital payment technology to deliver products, services and solutions. New innovative solutions for customers, all segments and for digital support. advanced solutions have a competitive advantage. As part of this partnership,

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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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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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Partnership Between Carrefour Italia And Nexi: Postal Payment Slips And Pagopa Notices Payable At The Checkout

Carrefour Italia and Nexi have announced a partnership to enable citizens to pay postal payment slips and PagoPA notifications at the cashiers of over 190 stores in Italy, including Carrefour Hypermarkets and Carrefour Supermarkets. Developed in collaboration with Poste Italiane, the service allows payment in any way. The solution, based on the Nexi technology platform,

HSBC buys Silicon Valley Bank UK

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