AFS And Mawarid Finance Launch UAE Fintech Enablement Hub
- 1 year 2 months ago
- Infrastructure
In a pioneering move set to reshape fintech innovation in the UAE, Mawarid Finance and Arab Financial Services (AFS) today signed a strategic agreement to launch an integrated Fintech Enablement Hub, a unified platform designed to empower fintechs with seamless access to regulated infrastructure and next-generation digital capabilities.
Jaja Finance Becomes The First Credit Card Provider To Partner With Plain Numbers
- 1 year 2 months ago
- Credit Cards
Jaja Finance, the digital lender, has become the UK’s first credit card provider to partner with Plain Numbers, to help its customers better understand their credit card bills and make informed spending decisions at a time when they need it most. It is estimated that just under half of working-age adults in the UK have numeracy skills at or below the level expected of an 11-year-old, with about 20 million people in Britain having poor numeracy...
Remark Raises $16M Series A To Humanize AI In Online Shopping
- 1 year 2 months ago
- Fundraising News
Remark, the company building human-trained AI product experts for commerce, today announced a $16 million Series A funding round. The round was led by Inspired Capital, with participation from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures, bringing the company’s total funding to $27 million.
Santander To Acquire TSB From Sabadell For £2.65 Billion
- 1 year 2 months ago
- Banking
Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of £2.65 billion (approximately €3.1 billion) in an all-cash transaction. Strengthened customer proposition
B2B Payments: monday.com Boosts High Order Value in Brazil With Cash And Installment Payments Through EBANX
- 1 year 2 months ago
- Payments
EBANX, a global technology company specializing in payment services for emerging markets, shared new data on how monday.com, the global software company that transforms how businesses run, is optimizing payments for its customers in Brazil with EBANX’s payment solutions. Supported by a payment strategy focused on local solutions, monday.com elevated the average ticket in the country to above the USD 9,000 mark.
Ripple And OpenPayd Partner To Deliver Enterprise Ready Stablecoin And Payment Infrastructure
- 1 year 2 months ago
- Cryptocurrencies
OpenPayd, a leading provider of financial infrastructure, has announced a strategic partnership with Ripple, the leading provider of digital asset infrastructure for financial institutions, bringing together two infrastructure leaders with deep expertise across blockchain and traditional finance to deliver compliant, efficient and scalable payment solutions for enterprise clients.
Ecobank Group And Google Cloud Announce Partnership To Accelerate Financial Inclusion And Innovation Across Africa
- 1 year 2 months ago
- Cloud
Ecobank, a leading pan-African financial services group, and Google Cloud today announced a groundbreaking collaboration aimed at transforming financial services with advanced analytics and AI and driving digital empowerment across Africa. Through this collaboration, Ecobank plans to leverage Google Cloud's cutting-edge technology to deliver innovative payment and remittance solutions that are frictionless, secure, and universally accessible,...
A Borderless Account: Ivy Partners With Circle To Offer Stablecoin Access To Their Customers
- 1 year 2 months ago
- Cryptocurrencies
Ivy, the default global, default instant payments platform, has entered into a strategic partnership with Circle, a leading financial technology firm and issuer of USDC and EURC. This integration enables Ivy's customers to access, convert, and transact with stablecoins in real-time, 24/7/365.
Napier AI Appoints Kenneth Paqvalén As Chief Financial Officer
- 1 year 2 months ago
- Infrastructure
Napier AI, the financial crime compliance RegTech, has appointed Kenneth Paqvalén as Chief Financial Officer to scale its global AI-powered AML solutions as the company expands its business to serve an increasingly international customer base.
Mastercard Steps Up Fraud Prevention Efforts With Launch Of Account Intelligence Reissuance Service In EEMEA
- 1 year 2 months ago
- Fraud Detection
Mastercard has introduced Account Intelligence Reissuance, an advanced fraud prevention service to efficiently manage the card reissuance process, in the Eastern Europe, Middle East and Africa (EEMEA) region. The product leverages Mastercard’s proprietary Artificial Intelligence (AI) technology and network purview to assess the level of risk associated with a card and provide AI-driven actionable recommendations about which cards need to be...
Total Economic Impact Study Finds Sumsub’s AML Transaction Monitoring Delivered A 272% ROI
- 1 year 2 months ago
- AML and KYC
Sumsub, a global full-cycle verification platform, today announced the release of its commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting. The study aims to examine the potential return on investment (ROI) enterprises may realize by deploying Sumsub's Anti-Money Laundering (AML) Transaction Monitoring.
Hokkoku Financial Holdings And Soft Space To Launch The World’s First SoftPOS Solution Supporting Stablecoin Payments
- 1 year 2 months ago
- Payments
Hokkoku Financial Holdings (Hokkoku FHD) and Soft Space are proud to announce the upcoming launch of a next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet.
Lloyds Banking Group Partners With UnlikelyAI To Test Groundbreaking AI Technology
- 1 year 2 months ago
- Banking
Lloyds Banking Group is testing UnlikelyAI’s platform within its innovation sandbox, exploring how the technology could be used to supercharge customer experience in the future. Lloyds Banking Group has announced it is partnering with UnlikelyAI to explore how cutting-edge artificial intelligence can support innovation and enhance customer experience.
Tink And Chip Announce Open Banking Partnership
- 1 year 2 months ago
- Digital banking
Tink, A Visa Solution, and Chip, the award-winning wealth app, have today announced a partnership which will see Tink provide its Payment Initiation Services (PIS) to Chip customers. Tink is working with Chip to provide seamless and secure open banking-powered money transfers for users topping up their account.
Nutanix Study Finds Adoption Of GenAI And Containers In The Healthcare Sector Has Accelerated, But IT Infrastructure Modernisation To Support It Lags Behind
- 1 year 2 months ago
- Artificial Intelligence
Nutanix , a leader in hybrid multicloud computing, announced the findings of its seventh annual global Healthcare Enterprise Cloud Index survey and research report, which measures enterprise progress with cloud adoption in the industry. The research showed that 99% of healthcare organisations surveyed are currently leveraging GenAI applications or workloads today, more than any other industry.
