Ant International, a digital payment and financial technology provider headquartered in Singapore, has been enhancing its integration of AI technologies to support and secure millions of daily cross-border transactions for merchants across 200+ markets. Yang Peng, Chief Executive Officer of Ant International said that integration… Read More
Tagged ai, ant international, digital payments, singapore
NatWest has shared an update on the fastest growing scams of 2024. The update from UK’s NatWest noted that an increase in fake parcel delivery texts, social media marketplace scams and AI voice cloning “during the last 12 months.” This, according to the analysis from… Read More
American Express (NYSE: AXP) announced an API-powered data access agreement with MX Technologies, Inc. that will provide new digital banking options for customers without compromising their account security. American Express customers will now be able to better manage their personal finances and business expenses via… Read More
Tagged american express, digital banking, financial services, integration, mx
GoCardless, a bank payment company, has expanded its relationship with Big Red Cloud. The cloud accounting software firm, which is a GoCardless customer, will now become one of its 350+ partners by “integrating GoCardless’ payment capabilities into its platform.’ This means Big Red Cloud customers… Read More
Tagged fintech adoption, gocardless, open banking, payments
According to some insiders, U.S. open banking is poised for significant acceleration, but political uncertainty could hamper momentum. The Consumer Financial Protection Bureau (CFPB) finalized its Personal Financial Data Rights Rule under Section 1033 of the Dodd-Frank Act two weeks ago. The rule mandates that banks and other… Read More
Tagged cfpb, fintech trends, helen child, obe, open banking, Open Banking Excellence, perspective, uk, united kingdom, us
The collaboration combines Shift4‘s acquiring services with ConnexPay‘s all-in-one payments platform to deliver PayIn and PayOut functions to businesses in a wide range of industry segments. Shift4 (NYSE: FOUR), a global enabler of integrated payments and commerce technology, officially entered a partnership with ConnexPay, the… Read More
additiv, a global firm focused on fintech and digital transformation, announced the appointment of Pierre Dufauret as the UK Market Head and the opening of a new office in London’s Heron Tower. These moves underscore additiv’s commitment to strengthening its presence in the UK market… Read More
Tagged additiv, digital transformation, london, uk
UATP, the global payment network that enables organizations to simplify payment processes and expand their payment capabilities, has announced a new partnership with Klarna, the AI-powered global payments network. The partnership allows airlines to offer Klarna’s flexible payment services, “including interest-free Buy Now Pay Later,… Read More
Tagged ai, fintech adoption, klarna, payments
LendAPI, part of Techstars 2024 cohort, has raised $3.2 million in seed funding. Cohen Circle led the funding round, which included the participation of Great North Ventures, AlleyCorp, Techstars, Plug and Play, and Interlock Capital. According to a release, LendAPI’s tech stack aims to provide… Read More
Tagged embedded finance, lendapi, online lending, timothy li
Embedded lending platform Groov has raised £1.5 million in seed funding, according to a note from the firm. The Fintech says the money will drive the next generation of embedded lending, offering more options, better terms, and higher approval rates via a simple API. Fuel… Read More
Tagged embedded lending, funding rojnd, funding round, groov, online lending, uk, united kingdom
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