Today Payhawk, a global spend management platform, announces that it has become a principal member of Visa, a world leader in digital payments. For Payhawk, this will further its mission to simplify business payments, by accelerating new product innovation and enabling even greater service reliability and resilience for its customers.
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Mangopay, a platform-specific payment infrastructure provider, today announces that it has been authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). The new e-money license from the FCA is a key requirement for Mangopay to provide its suite of services to UK-based businesses and is a testament to the company’s strategic commitment to expanding its operations in the UK.
Global Payments, Inc., a leading worldwide provider of payment technology and software solutions, today enables Apple's Tap to Pay on iPhone contactless payment acceptance technology for merchants in Taiwan, empowering merchants of all sizes to accept contactless payments securely and seamlessly using only an iPhone and the TapPay iOS app, no additional hardware needed.
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced the launch of Tongyi Qianwen 2.0, its latest large language model (LLM), along with new industry-specific models at its annual flagship tech event Apsara Conference. This release signifies significant progress in Alibaba Cloud's pursuit of cutting-edge AI innovation and its ongoing commitment to fuelling digital transformation in businesses.
Onfido, the global leader in automated identity verification, today released the results of a study surveying over 1,500 business leaders from industries including financial services, gaming, retail, healthcare, transportation, legal and telecoms, across the US, UK, and Italy to examine perceptions, challenges and usages of AI. The research shows that as interest and investment in AI technology soars, leaders are concerned about the growth of AI-powered cyber threats.
UK Finance has today launched two reports revealing the risks and opportunities of quantum for the UK financial services sector. The reports Quantum Risks and Quantum Opportunities together set out seven recommendations including the creation of a quantum taskforce, to seize the multibillion-pound opportunities from the technology while also guarding against the risks.
Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by General Atlantic.
Surecomp today announced that Semsoft is the latest fintech to be integrated to its trade finance hub RIVO. The company’s flagship solution LESTR - an advanced artificial intelligence (AI) and data analytics maritime and trade risk intelligence platform - enables companies to monitor suspicious activity across their international trade operations.