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BNP Paribas and NatWest Go Live with CobaltFX’s ‘Dynamic Credit’ for FX Credit Management


BNP Paribas and NatWest have partnered with fintech CobaltFX to simplify and streamline the allocation of credit for foreign exchange (FX) trades between banks. The implementation of CobaltFX’s ‘Dynamic Credit’ solution marks a step forward in enhancing market access and control while optimizing credit disbursement. CobaltFX, part of United Fintech, has been a longstanding partner of BNP Paribas and NatWest. This latest

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Mastercard and NAPS Collaborate to Drive Digital Payment Innovation in Morocco


Mastercard has partnered with Moroccan financial technology NAPS to drive innovation in Morocco’s digital payments landscape. This partnership also builds on the pair’s strong historical relationship and aims to develop innovative payment solutions for individuals and businesses. NAPS, on a mission to expand the reach of digital payments in Morocco, brings together the M2M Group’s

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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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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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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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Articles

How C2B Payment Developments Could Drive B2B International Growth


In terms of innovation, consumer-to-business (C2B) and consumer-to-consumer (C2C) payment technologies are currently leading the way against business-to-business (B2B) alternatives. For example, PayPal payments can be made in real-time, while business-to-business payments can take days or even weeks. While protracted payments mostly occur when steps are taken to ensure the safety of all parties, many

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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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Featured News

Weavr acquires Comma to combine embedded and open banking


Weavr, the London-based startup that allows businesses to integrate banking and payments into their mobile apps or SaaS platforms, has acquired open banking B2B platform, Comma Payments. With Comma, Weavr claims to have become the first integrated finance provider to combine Banking as a Service (BaaS) and Open Banking in one integrated payments solution for

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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