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Enfuce Receives E-money Licence to Boost UK Expansion

Issuer processing powerhouse Enfuce today announces it has secured an Electronic Money Institution (EMI) licence from the UK’s Financial Conduct Authority (FCA).

Tuesday, February 27, 2024 - 09:47
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/news/e-payments/enfuce-receives-e-money-licence-boost-uk-expansion
Financial IT
American Express® Cardmembers Can Now Pay in Instalments, with Plan It ™

American Express has today launched ‘Plan It’ – a new offering for the UK market that allows credit Cardmembers to pay off purchases on their statement, or a portion of their monthly bill, in instalments. 

Tuesday, February 27, 2024 - 09:42
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/news/lending/american-expressr-cardmembers-can-now-pay-instalments-plan-it-tm
Financial IT
Myko AI Raises $2.7 Million from Khosla Ventures to Bring Conversational AI to Sales and Revenue Teams

Myko, the conversational AI for sales and revenue team data, announced it has secured $2.7 million in seed capital from Khosla Ventures to reach new customers and expand its offerings. The round also included participation from Zero Knowledge Ventures, DayDream Ventures, the AngelList Early-Stage Quant Fund, and others.

Tuesday, February 27, 2024 - 09:04
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Financial IT
Lithuania’s Šiaulių Bankas Selects Temenos SaaS to Modernize Core Banking in the Cloud

Temenos, today announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking including trade finance to Temenos Banking Cloud, supporting the bank’s growing business needs with increased flexibility and resilience.

Tuesday, February 27, 2024 - 08:53
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/news/core-banking/lithuanias-siauliu-bankas-selects-temenos-saas-modernize-core-banking-cloud
Financial IT
United Fintech Secures Strategic Investments from BNP Paribas and Citi

BNP Paribas and Citi have become the first institutional investors in United Fintech Group Limited (“United Fintech”), a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi.

Tuesday, February 27, 2024 - 08:44
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/news/infrastructure/united-fintech-secures-strategic-investments-bnp-paribas-and-citi
Financial IT
Visa and the GSMA Mobile for Development Foundation Launch Digital Finance for All Initiative

Visa, a leading global payments technology company, and the GSMA Mobile for Development Foundation (GSMA Foundation) announced the launch of the Digital Finance for All (DFA) Initiative, furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere.

Monday, February 26, 2024 - 14:07
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/news/e-payments/visa-and-gsma-mobile-development-foundation-launch-digital-finance-all-initiative
Financial IT
Levr.ai Secures $1 Million in Additional Funding to Build AI for Small Business Lending

Levr.ai, the cutting-edge intelligent loans software platform, is proud to announce successfully raising another $1 million in additional funding, building on the momentum of its previously announced funding in 2023. This brings Levr.ai’s total funding to over $2.5 million.

Monday, February 26, 2024 - 13:59
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/news/fundraising-news/levrai-secures-1-million-additional-funding-build-ai-small-business-lending
Financial IT
FWD Group Partners with Microsoft to Shape the Future of AI-driven Insurance Experiences

FWD Group Holdings Limited today announced it is extending its partnership with Microsoft with a four-year agreement to provide access to the latest generative artificial intelligence (AI) innovations while continuing to support FWD’s cloud-first technology strategy.

Monday, February 26, 2024 - 12:38
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/news/artificial-intelligence/fwd-group-partners-microsoft-shape-future-ai-driven-insurance
Financial IT
The Future is Cashless and Should be Embraced, According to Lanistar

Our reliance upon cashless transactions has evolved over recent decades. From reserving the credit card for ‘big purchases’ such as holidays, to us now tapping our cards daily during our commute to and from the office. The mass ditching of cash across retail outlets during the pandemic can be seen as a watershed moment for the cashless economy. 

Monday, February 26, 2024 - 12:28
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/news/payments/future-cashless-and-should-be-embraced-according-lanistar
Financial IT
Harnessing the Potential of Web Data in Investment with Advanced AI Techniques

In today's data-centric landscape, the web is a goldmine of information. 

From social media posts to funding information, every digital interaction possesses the potential to yield valuable insights. Yet, often this data remains unexplored. 

Monday, February 26, 2024 - 12:19
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Financial IT

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