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Visa Relaunches SavingsEdge™ with New Offers to Deliver Greater Value to Small Businesses

Visa Inc. today announced the relaunch of Visa SavingsEdge, aimed at delivering greater value to small businesses (SMBs) across the United States and Canada. For more than a decade, Visa SavingsEdge has provided eligible Small Business cardholders with the savings, tools and resources to help them grow.

Thursday, June 13, 2024 - 15:27
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Financial IT
Lumin Digital Announces Partnership with Pinwheel to Offer Banks and Credit Unions Advanced Digital Deposit Switching Solution, Pinwheel Prime
Thursday, June 13, 2024 - 15:23
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Financial IT
44% of U.S. Consumers Are Open to AI in Banking – With a Few Caveats
U.S. banking customers are warming up to the idea of artificial intelligence (AI), with some parameters, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that 44% of U.S. consumers say they are happy with AI being used within their personal banking experience, as long as banks allow them visibility into how it’s being used. They also have strong opinions about which banking functions  AI should be involved with. 
Thursday, June 13, 2024 - 15:04
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Financial IT
Paytiko: Why Expand to Dubai?

For businesses worldwide, accepting and managing global digitalized payments has risen in the wake of recent technological booms. As a result, the Middle East has hopped onboard to this trend and skyrocketed its fintech landscape in recent years. Through the establishment of numerous local payment service providers, merchants, and Emirati banks accepting a broader range of transactions, the Middle East’s payment infrastructure is on an upward trajectory.

Thursday, June 13, 2024 - 13:00
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Financial IT
Flexys Partners with Acquired.com to Offer a Market-Leading Debt Collection Payment Experience

Acquired.com, the next-generation payments business focused on powering recurring commerce, and Flexys, a leading UK-based collections management technology provider, are pleased to announce their new partnership.

Thursday, June 13, 2024 - 11:35
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Financial IT
Ripple Collaborates with Archax to Bring Hundreds of Millions of Dollars of Tokenized Real World Assets to the XRP Ledger

Ripple, the leader in enterprise blockchain and crypto solutions, and Archax, the UK’s first Financial Conduct Authority regulated digital asset exchange, broker and custodian, today announced an extension to their existing collaboration which is expected to bring hundreds of millions of dollars of tokenized real world assets (RWAs) onto the XRP Ledger (XRPL) over the coming year and establish the XRPL as one of the leading blockchains for RWA tokenization.

Thursday, June 13, 2024 - 11:11
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Financial IT
Merge Receives Approval in-Principle for an EMI License in France

Merge, a pioneering fintech company that provides embedded payments and banking infrastructure via a single API, has secured approval in-principle for an Electronic Money Institution (EMI) license in France. 

Thursday, June 13, 2024 - 11:05
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Financial IT
A Legacy of Innovation: How Financial Institutions Can Overcome the Challenges of Open Banking and ISO20022

Open banking payments in the UK grew at an annual rate of 69% in January 2024, reaching a record monthly high of 14.5m, research by Open Banking Limited (OBL) shows. The overwhelming majority of these transactions were single immediate payments, at 92%. 

Thursday, June 13, 2024 - 10:55
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Financial IT
PayPal Now Live for MoonPay Users Across the EU and UK

MoonPay is excited to announce the launch of PayPal for users across the European Union and the United Kingdom, following a successful introduction in the United States last month.

Users in 24 EU member states and the UK can now purchase cryptocurrency using their PayPal accounts through MoonPay.

Thursday, June 13, 2024 - 10:16
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Financial IT
Revolut Commits to New Global HQ in Canary Wharf, as UK Customer Base Hits Nine Million

Revolut is to move its global headquarters to the YY London building in the centre of Canary Wharf, committing to a ten year lease

The global fintech is increasing its office footprint by 40% to 113k sq ft, taking four floors, and intends to feature two Revolut logos on the side of the building

The move “strengthens the company’s commitment” to the UK, and comes as Revolut reaches 9 million customers in the market

Thursday, June 13, 2024 - 10:07
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Financial IT

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