March 10, 2024 @ 12:26 pm By Omar Faridi  |  

NICE Actimize, a NICE (NASDAQ: NICE) business, announced the launch of ARCHIVE-X, a cloud-based, all communications-in-one archiving and records management solution for financial services firms. NICE Actimize’s ARCHIVE-X reportedly “provides buy-side, sell-side, and online trading platforms, as well as insurance and wealth management firms, with… Read More

 Tagged chris wooten, data encryption, nice actimize, security

March 9, 2024 @ 9:29 pm By Omar Faridi  |  

Profile Software launches its new “AI.Adaptive” solution, which simplifies user interaction into natural language with databases and applications, enhancing operational efficiency by integrating Generative AI and Large Language Models (LLMs) artificial intelligence technologies. Profile, an international financial solutions provider, confirmed in a blog post the… Read More

 Tagged evangelos angelides, profile software

March 9, 2024 @ 6:27 pm By Michael Wong  |  

Philippine bank lending in January 2024 surged by 7.8 percent compared to the same month the previous year, signaling a robust acceleration from the 7.1 percent growth recorded in December 2023, according to preliminary data released on March 8, 2024. This increase in lending by… Read More

 Tagged bangko sentral ng pilipinas, lending, online lending, Philippines

March 9, 2024 @ 2:07 pm By Michael Wong  |  

Chinese Fintech firm Ant Group has announced substantial increases in transaction limits for international travelers using its cross-border payment services. Effective immediately, the single-transaction limit has been raised from $1,000 to $5,000, and the annual cumulative transaction limit from $10,000 to $50,000. This policy change,… Read More

 Tagged ant group, china, fintech, online payments, payments

March 9, 2024 @ 12:15 pm By Omar Faridi  |  

Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU). Under the new deal, Western Union customers will be “able to send money to their family and friends’ eligible Visa cards and bank accounts in 40 countries across five regions.” The agreement encompasses… Read More

 Tagged payments, visa, western union

March 9, 2024 @ 12:07 pm By Omar Faridi  |  

The Investment Association’s (IA) Fintech hub and accelerator, IA Engine, has announced the latest firms to join its Innovator Program, as well as new global Fintech partnerships between Engine and Canada. The following five firms have been chosen to join this year’s cohort, which, during… Read More

 Tagged canada, engine, fintech adoption, gillian painter, investment association

March 9, 2024 @ 12:04 pm By Omar Faridi  |  

Klarna, a global payments provider, has announced its significant sustainability achievements from the past year. In 2023, Klarna claims it saw “a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping,… Read More

 Tagged climate, klarna, payments, sustainability

March 9, 2024 @ 6:03 am By Omar Faridi  |  

Nium, the enabler of real-time cross-border payments, announced its partnership with Secret Escapes, which claims to be one of the world’s leading luxury travel and experiences companies, to deliver enhanced payment services for its global network of hotel partners. Secret Escapes partners with trusted providers… Read More

 Tagged nium, payments

March 9, 2024 @ 3:28 am By Tony Zerucha  |  

Global human resources company Deel announced this week that it is acquiring PaySpace, a provider of payroll and human resource services. Deal terms were not disclosed. Founded 20 years ago, PaySpace provides native payroll engines in 44 countries across Africa and the Middle East. Heineken,… Read More

 Tagged alex bouaziz, deel, human resources, payroll, PaySpace

March 8, 2024 @ 7:14 pm By Omar Faridi  |  

HighRadius recently helped with the largest UNConference for the office of the CFO, Radiance 2024 on Feb 13th & 14th, 2024, at Globe Life Field Stadium in Dallas. The session’s key theme was the transformation of finance and finance professionals as a result of new… Read More

 Tagged digital transformation, highradius, sashi narahari