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UK Banks More Resilient to Turbulent Market Conditions Than Their US Counterparts, Research Shows

As financial services providers and consumers face continued pressures from economic and market instability, FIS®, a global leader in financial services technology, has fielded new research to explore how executives and consumers are responding to the environment, and how they’re making their financial or investing decisions.

Tuesday, August 15, 2023 - 08:58
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Financial IT
AI is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals

AI is the most effective method for improving anti-money laundering (AML) processes and efficiencies according to AML professionals, research from Feedzai,  a leading provider of financial crime and risk management solutions.

Tuesday, August 15, 2023 - 08:51
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Financial IT
Finance Teams Need to Get Serious about ESG Reporting, Payhawk Handbook Shows

Upcoming European rules on environmental, social and governance (ESG) reporting are expected to impact 50,000 companies. A new report by Payhawk shows the urgent need for finance teams to take action and understand the role they have to play.

Tuesday, August 15, 2023 - 06:47
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Financial IT
James Sharp Adopts MARS Platform from MorganAsh to Help Manage Consumer Vulnerability

Wealth management firm James Sharp has implemented the MorganAsh Resilience System, to assess, measure and report on their customers’ vulnerability, in line with the Consumer Duty requirements.

Tuesday, August 15, 2023 - 06:43
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Financial IT
Defining the Open Finance Balance - is PSD3 Enough?

With the global transaction value of digital payments expected to hit US$9.46 trillion for the first time this year, the latest version of the regulation that governs all digital payments and open finance in Europe has been announced.

Tuesday, August 15, 2023 - 06:40
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Financial IT
Tonik and FC Home Center Partner for Shop Installment Loans

The Philippines’ First Neobank Tonik Digital Bank proudly announces the launch of its Shop Installment Loan to FC Home Center stores. The partnership pushes to enhance the shopping experience of customers in the consumer durables market.

Customers will now have access to 15-minute loan approvals and hassle-free and flexible financing in the Tonik app, ultimately fast-tracking processes and eliminating lengthy traditional loan application procedures.

Tuesday, August 15, 2023 - 06:33
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Financial IT
Xverse Raises $5 Million in Seed Funding Round Led by Jump Crypto

Xverse, a Bitcoin Web3 wallet, including NFTs through a method called Ordinals, has secured significant backing in its latest seed round.

The company raised $5m in a seed round that was led by prominent industry investor Jump Crypto.

Monday, August 14, 2023 - 15:46
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Financial IT
Deko and Aero Commerce Partner to Provide Checkout Finance Solutions for Merchants

Checkout finance platform, Deko, has announced a milestone BNPLaaS partnership with Aero Commerce, bolstering the e-commerce platform's offering and technological capabilities. Among the checkout finance capabilities available through this partnership, Aero has directly integrated Deko's Newpay product, a digital credit account, that improves conversion rates and encourages repeat spending.

Monday, August 14, 2023 - 14:18
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Financial IT
Cutting-edge Power Electronics Research to be Shared at PCIM Asia Conference 2023

The leading conference for power electronics in Asia returns to Shanghai this year, gathering leading experts and academics from across the country and beyond to share the latest findings and technology within power electronics, intelligent motion, renewable energy and energy management. Highlighted areas include wide-bandgap devices, power semiconductors, packaging technology and more.

Monday, August 14, 2023 - 13:15
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Financial IT
Cost-of-doing-business Crisis: 2023 is the Worst Trading Environment in 15 Years According to International SMEs

New research from global SME funder, Bibby Financial Services, reveals that 2023 is the worst economic environment for small and medium-sized enterprises (SMEs) in 15 years. 

Findings from the 2023 Global Business Monitor, which surveyed SME owners and decision-makers from nine countries, show inflation (55%), energy costs (49%) and uncertainty over local economies (28%) are stifling business growth in 2023.

Monday, August 14, 2023 - 12:47
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Financial IT

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