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Fintech EBANX Strengthens Partnership with Enterprise Merchants, Appoints VP in the US

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EBANX, the payments platform connecting global companies with customers in rising digital markets, is pleased to announce the appointment of Melissa Cherrey Johnson as the new VP of Merchant Success – Americas and Europe. With her extensive experience in the payments industry and a deep… Read More

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Visa Invests in Form3 with Focus on Reducing Fraud, Streamlining Real-Time Payments

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Form3 announces that Visa (NYSE:V) has invested in the cloud-native account-to-account platform, which will help Form3 continue its expansion. This funding is in parallel to news that Form3 will “provide Visa’s clients with access to their payments platform, to enable them to modernize their payments’… Read More

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Sweden’s Digital Commerce Software Provider Focalpay Teams Up with Grocery Retailers Matrebellerna

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Grocery retailers Matrebellerna and commerce software provider Focalpay announce a strategic partnership. Focalpay will roll out its commerce platform that “includes, among other features, payment, checkout and backoffice functionality, across 23 Matrebellerna stores in Sweden from September onwards.” Matrebellerna is a collective of independent grocery… Read More

DLT Adoption: Rabobank, 2tokens, ABN AMRO, Assetblocks Take Part in European Blockchain Sandbox

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Rabobank is pleased to announce its collaboration with 2Tokens, ABN AMRO, and Assetblocks in their joint application for the European Blockchain Sandbox (EBS). Our use case has been accepted by the EU in the 1st Cohort 2023. They partnership aims to legally “explore the innovative… Read More

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Fintech UPTIQ Welcomes Focus Financial Partners to Client Roster

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UPTIQ, a provider of holistic wealth management solutions for the financial services industry, this week welcomed Focus Financial Partners to its client roster. Focus Financial Partners is a partnership of independent, fiduciary wealth management firms. Utilizing UPTIQ’s artificial intelligence-enabled technology, Focus will expand its ability… Read More

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Visa Research Reveals Fraud Schemes in Retail, Digital Commerce

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Visa Inc. (NYSE:V), which claims to be world leader in digital payments, released the Fall 2023 edition of its Biannual Threats Report which “highlights emerging fraud schemes targeting the global economy.” This edition showcases “a significant rise of phishing schemes proliferated through generative AI tools,… Read More

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S&P on Fintech: FedNow Lacks Catalyst for Success, Adoption of Instant Payments Choppy

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Financial research factor S&P Global Market Intelligence has distributed a report on Fintech, pointing at real time payments as an opportunity that is experiencing choppy adoption depending on the jurisdiction. S&P says that the rollout of FedNow, the US government’s effort to power instant payments… Read More

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Business Loan Approvals at Big Banks Decline, Small Banks Do Better: Report

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Credit unions are at an all-time low, and big banks lending to small businesses has flatlined for more than a year, according to Biz2Credit and its periodic small business lending index. Big banks, those with $10 billion or more in assets, fell from 13.3% in… Read More

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Bankjoy, Panacea Financial, a Neobank for Doctors, to Provide Virtual Banking Solutions

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Bankjoy, a digital banking provider, announced its partnership with Panacea Financial, a digital financial services company designed specifically for the banking needs of doctors. Through the partnership, Panacea Financial will “empower its growing client base of physicians, dentists, and veterinarians with Bankjoy’s suite of modern… Read More

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Fintech Bluevine Expands FDIC Insurance Protection Up To $3M for Business Banking Clients

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Bluevine, the “one-stop” digital banking platform specifically designed for small businesses, today announced expanded FDIC insurance coverage of up to $3 million through Coastal Community Bank, Member FDIC, and program banks in a sweep network, automatically offering Bluevine account holders coverage of up to 12x… Read More

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