August 25, 2023 @ 10:13 pm By Omar Faridi  |  

Mastercard (NYSE:RSKD) has established a Global Centre for Advanced AI and Cyber Technology in Dubai. The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office and Mastercard signed a Memorandum of Understanding “to increase Artificial Intelligence (AI) capabilities and readiness in the region.” An… Read More

 Tagged ai, ajay bhalla, artificial intelligence, cyber technology, Digital Economy, digitalization, dimitrios dosis, dubai, mastercard, mena, mena region, middle east, uae, united arab emirates

August 25, 2023 @ 10:12 pm By Omar Faridi  |  

Citi (NYSE: C), which claims to be a global leader in foreign exchange (FX) markets, has made a strategic investment in Rextie, Peru’s fintech for FX services. The investment makes Rextie Latin America’s first FX fintech “to receive an investment from one of the largest… Read More

 Tagged citi, fintech adoption, fintech trends, foreign exchange, fx, investments, latam, latin america, peru, South America

August 25, 2023 @ 10:10 pm By Omar Faridi  |  

Redaptive, Inc., the Energy-as-a-Service (EaaS) leader, has announced it secured $125 million in financing from Deutsche Bank’s US Private Credit & Infrastructure group in order “to help accelerate metering, HVAC, solar, LED, EV, and other efficiency and sustainability solutions.” The warehouse facility provided by Deutsche… Read More

 Tagged deutsche bank, financing, infrastructure, sustainability, united states, us

August 25, 2023 @ 10:09 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced the expansion of eCash acceptance capabilities for lenders and other businesses to accept bill and loan installment payments from their customers at nearly 100,000 U.S. retail locations. By digitizing and integrating cash payments,… Read More

 Tagged digital transactions, fintech adoption, fintech trends, jake moore, lenders, payment solutions, payments, repay, repay holdings corporation, united states, us

August 25, 2023 @ 10:08 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced new embedded finance customers Giftbit, Vivian and Whistle, showcasing how Marqeta’s platform enables non-financial services customers to integrate embedded banking and payment solutions into their products. This allows Marqeta customers “to create seamless experiences… Read More

 Tagged embedded banking, embedded finance, financial services, integration, marqeta, modern card issuing platform, payments, todd pollak

August 25, 2023 @ 12:55 pm By Omar Faridi  |  

Pi-xcels, an innovative leader in digital receipt solutions, has successfully completed its Seed funding round, raising US$1.7 million. The investment round was “led by Wavemaker Partners, with participation from other prominent venture capital firms such as Hustle Fund, Amand Ventures, and Black Kite Capital, as… Read More

August 25, 2023 @ 11:50 am By Omar Faridi  |  

International card networks, including Visa, Mastercard, JCB, and Discover Global Network, are launching a major campaign with Alipay, the digital payment and lifestyle service platform in China, “to further enhance international visitors’ mobile payment and travel experience in the country on the 30-day countdown to… Read More

 Tagged alipay, asia, china, digital payments, discover global network, jcb, mastercard, mobile payments, Payment Cards, travel, visa

August 25, 2023 @ 9:57 am By JD Alois  |  

Earlier this month, PayPal (NASDAQ:PYPL), a top publicly traded Fintech, announced the launch of a dollar-based stablecoin PayPal USD or PYUSD. The stablecoin is being issued in partnership with Paxos, a top, regulated digital asset firm. Stablecoins are one of the most promising sectors of crypto…. Read More

 Tagged circle, nansen, paxos, paypal, pyusd, stablecoins, tether

August 25, 2023 @ 9:00 am By Tony Zerucha  |  

april, an AI-powered financial technology focused on taxes, this week welcomed two new leadership team members. Christina Taylor is the new VP of tax development and delivery while Antonea Nabors becomes product design lead. Taylor moves over from Cash App Taxes (a Block subsidiary) where… Read More

 Tagged ai, april, ben borodach, Christina Taylor

August 24, 2023 @ 10:12 pm By Omar Faridi  |  

OANDA Global Corporation announced that it has acquired a majority interest in Coinpass Limited, a crypto asset firm registered with the United Kingdom’s Financial Conduct Authority (FCA). Coinpass was founded in 2018 in order “to meet a growing demand for fast and secure access to… Read More

 Tagged acquisition, coinpass, crypto-assets, fca, financial conduct authority, jeff hancock, oanda, uk, united kingdom