Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements

Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
December 17, 2024  |  B2B Payments

Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on...

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Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation
Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation
December 17, 2024  |  Investments

South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. The company announced Tuesday (Dec. 17) that it had raised $250 million in a...

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Hostaway Secures $365 Million to Expand Short-Term Rental Platform
Hostaway Secures $365 Million to Expand Short-Term Rental Platform
December 17, 2024  |  Investments

Hostaway has secured a $365 million strategic growth investment to expand its vacation rental software and management system designed for short-term rental property owners and...

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Revolut Introduces Fraud Protection for Crypto Customers
Revolut Introduces Fraud Protection for Crypto Customers
December 17, 2024  |  Cryptocurrency

Revolut will reportedly offer new anti-fraud security measures to its cryptocurrency customers starting next year. “In the crypto space, there’s a little bit of an issue with...

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UK Aims to Regulate AI’s Use of Copyrighted Materials
UK Aims to Regulate AI’s Use of Copyrighted Materials
December 17, 2024  |  Artificial Intelligence

The British government is preparing to regulate the use of copyrighted material in training AI. The U.K. on Tuesday (Dec. 17) began a consultation designed to provide...

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Walmart Joins Forces With Meituan to Bolster Chinese eCommerce Unit
Walmart Joins Forces With Meituan to Bolster Chinese eCommerce Unit
December 17, 2024  |  Retail

Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country. The partnership will see Meituan provide delivery service for Walmart products and begin featuring...

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Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
December 17, 2024  |  Cybersecurity

Trust is a balancing act as companies, banks and merchants collaborate to make everyday financial life and commerce a reality. Featurespace Chief Operating Officer Tim...

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FIS: B2B Success Should Be Measured in Transformations, Not Transactions
FIS: B2B Success Should Be Measured in Transformations, Not Transactions
December 17, 2024  |  Back-office

For years, the middle and back offices have operated in the shadows of their more glamorous counterparts — the front office and client-facing teams. But...

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Most Small Insurers Set 12-Month Plan to Implement Real-Time Payments
Most Small Insurers Set 12-Month Plan to Implement Real-Time Payments
December 17, 2024  |  Insurance

The insurance industry has faced challenges in implementing real-time payouts due to high costs and transparency issues, despite the potential benefits for insurers and customers,...

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