Sections
financial services
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403InvestmentsPayJoy Raises $20M To Boost Smartphone Ownership
PayJoy, the startup that enables people in emerging markets to purchase smartphones via installment payments and access cash loans, has raised $20...
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854Payment MethodsCBD Companies Can Process Payments Through Square Now
Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry. Forbes, citing Square,...
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1.6KAuthenticationCiti Adds Biometrics To Its ‘Security Perimeter’
A single data breach costs a business $3.86 million on average. The high risks and costs of breaches, says Tapodyuti Bose, Global...
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1.9KB2B PaymentsGrab Moves To Spin Off FinServ Assets
Singapore ride-hailing company Grab is reportedly considering a spinoff of its financial services assets, according to a Reuters report on Wednesday (May 8)....
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1.2KInvestmentsPlaid Is Looking To Hire In Europe
Plaid, the FinTech platform provider that recently raised $250 million in venture funding, is gearing up to expand into Europe. According to...
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3.4KB2B PaymentsHypur Enables B2B Payments For CBD eMerchants
Electronic payments company Hypur, which targets the cannabis and hemp industries, has unveiled its online electronic payment solution for transactions within the...
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4.5KSecurity & FraudCracking FIs’ 90/10 Data Monetization Problem
When seven CEOs of the largest banks in the United States gathered on Capitol Hill earlier this month, the topics and questions...
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2.7KToday In DataBoosting The Good Growth And Killing The Weeds
As flowers are blooming in real gardens for spring, innovative ideas are blooming metaphorical gardens in payments and commerce. Things are getting...
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3.7KB2B PaymentsMYOB Calls For Two-Factor Authentication Mandate
Australian small business cloud accounting company MYOB is calling for legal action to address the security risks facing small businesses, reports in...
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2.1KHealthcareAnt Financial’s Health Plan Has More Than 50M Participants
Ant Financial Services Group, the payment affiliate of Alibaba, launched a health aid plan in China that has landed more than 50...
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2.9KInvestmentsKyriba Raises $160M As Bridgepoint Becomes Majority Owner
Kyriba, the cloud treasury and finance services company, announced on Thursday (April 11) that it closed a $160 million growth round of...
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5.0KLoansSoLo Adds Mastercard Integration To P2P Lending Platform
SoLo Funds announced it has added a Mastercard integration so users can link their debit accounts to the peer-to-peer (P2P) lending platform....
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2.7KToday In DataIs Retail The Next Frontier In Banking?
Consumers are willing to bank with non-financial institutions – particularly big-name brands – if they are able. FIs are flagging when it...
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3.2KGlobal PaymentsSociété Générale, Elavon Team Up For Payment Services Across Europe
Global payments provider Elavon and financial services group Société Générale have partnered up for payment acceptance and acquiring services throughout Europe, according...
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7.8KDigital BankingWhy FIs Must Be ‘Too Good To Fail’
Financial institutions are flagging a bit when it comes to deployment of new technologies and financial products. One reason is infrastructure, where...
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6.4KInvestmentsAffirm Raises $300M In Series F Funding
Financial services company Affirm has raised $300 million in a Series F funding round, the company said in a press release. The...
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4.6KB2B PaymentsFundbox Strengthens Synchrony’s SMB Financing Position
B2B payments and finance company Fundbox is expanding its partnership with consumer financial services company Synchrony in a deal that will expand...
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4.4KB2B PaymentsWells Fargo’s Corporate Banking Business Struggles To Bounce Back
Wells Fargo’s corporate banking operations are struggling to bounce back as well as its consumer financial services have done in the wake...
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3.7KBankingLazada To Expand Its Financial Services
Singapore-based online merchant Lazada is going to expand its financial services department by adding more products for its customers, according to a...
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4.6KAlternative FinancesBuilding A Better On-Ramp For Credit Repair
Self Lender Founder James Garvey never thought he would go into financial services, and certainly never thought financial inclusion would become a...
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6.4KBlockchainFinancial Services: Blockchain-Based And Decentralized
The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well,...
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3.4KFintech InvestmentsGrab Financial Gets In SME Lending, Insurance
Grab Financial Group, the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in...
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13.7KPartnerships / AcquisitionsFIS Buys Worldpay In $35B Cash, Stock Deal
Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce...
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11.1KRegulationPeople’s Bank Of China To Regulate FinTech
The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology...
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3.5KSizzle/FizzleSizzle/Fizzle: Brexit And The Waiting Game
Brexit takes its place as the big fizzle of the week. And to caption what happened, we might say that this week...
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7.3KDigital BankingPaytm Launches New Mobile Banking App
Paytm, the India-based eCommerce and digital wallet company, has announced a new mobile banking app called Payments Bank, according to reports. The...
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4.6KB2B PaymentsHow SMB FinTech Firms Boost Data Sharing Without Open Banking
For proponents of open banking, the regulatory initiative seen in the U.K. and Europe is a natural progression from the surge in...
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4.3KB2B PaymentsCorporates Keep Coffers Open To Blockchain
Businesses continue to invest in blockchain technology as more service providers, particularly in the finance arena, pull their distributed ledger innovations out...
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6.8KBankingJPMorgan To Combine Middle-Market Tech, Emerging Growth Banking Units
JPMorgan Chase & Co is melding its middle-market technology and emerging growth commercial banking units to better deal with startups that become...
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7.7KDigital BankingAnt Financial Launches Banking As A Service Platform
Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. In...
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5.0KSecurity & FraudMicrosoft: State-Sponsored Hackers Siphoned Money From Several FIs
Microsoft’s lastest cybersecurity report has revealed that state-sponsored hackers have attacked several financial services firms, managing to steal “large sums of cash.”...
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5.0KB2B PaymentsIndustry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix
The South African economy has struggled in the last decade. Gross domestic product (GDP) growth has failed to surpass 4 percent, with...
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3.1KToday In DataThe Next Frontier In Connecting Across Channels
It might be a bit of a cliché to note that we live in an increasingly connected world – though given that...
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5.6KBankingWhy ‘Mobile-First’ Must Mean ‘Trust-Always’
Trust is inherent in banking, and has been since the beginning, when people decided to store coins and bills in vaults. Entersekt SVP...
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4.8KSecurity & FraudHacks On UK Financial Services Firms Jump In 2018
Data breaches at financial services companies in the U.K. jumped fivefold last year, underscoring how the industry is a prime target for...
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11.9KFintech InvestmentsWhy Not All FinTech Providers Are FinTech Firms
The distinction between firms that offer financial technology and FinTechs needs to be clearer, according to Provenir Managing Director Paul Thomas, and...
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3.7KB2B PaymentsUK’s Newest Challenger Bank Diaspora Eyes Trade Finance
Yet another challenger bank is slated to launch in the U.K. Diaspora, based in London, has trade finance at the center of...
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2.8KToday In DataData As A Prescription For FIs And Healthy Healthcare Collections
Data is everywhere, and ripe for the mining. It can help financial firms offer better services and can help healthcare providers set...
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6.2KBankingDiebold Nixdorf: Why Bank Branches Need To Move Beyond The Transaction
There is something of a strange dichotomy when one looks at the types of things bank brands are developing, particularly around mobile...
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3.3KBankingFSB: Tech Giants Will Shake Up Financial Industry
The Financial Stability Board (FSB), a global finance regulator, warned that the proliferation of eCommerce giants like Facebook, Amazon, Alibaba and Apple...
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3.4KPartnerships / AcquisitionsAnt Buys WorldFirst In $700M Deal
Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company. According to a...
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7.8KBankingWhen The Bank Is An App — And Not The Bank’s
Banks historically, like grocery stores or gas stations, have always assumed that customers would just come to them. Banks are where consumers keep...
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3.2KPartnerships / AcquisitionsBB&T, SunTrust Announce ‘Merger Of Equals’ To Create Sixth-Largest US Bank
Two of the nation’s largest regional banks – Winston-Salem N.C.-headquartered BB&T and Atlanta-based SunTrust – are joining forces in a bid to...
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3.7KFintech InvestmentsARK Investment FinTech ETF Tracks Amazon, Square, PayPal
ARK Investment Management has launched its first FinTech-focused exchange-traded fund. The ARK FinTech Innovation ETF (ARKF) began trading publicly on the New York Stock...
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3.1KToday In DataToday In Data: The Seen And Unseen Advantages Of The Digital World
The world of financial services is no longer going digital – it’s gone digital, a fact confirmed by the recent spree of...
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6.7KLoansHas Microlending Lived Up To The Hype?
Microlending – or small loans (less than a few hundred dollars) – has become a popular, buzzed-about method of poverty relief over...
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6.1KPartnerships / AcquisitionsFiserv Snaps Up First Data In $22B All-Stock Deal
Fiserv, the financial services firm, announced on Wednesday (Jan. 16) that it would buy First Data, the payments processor, in a deal...
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5.1KInternationalDidi Chuxing Offers Financial Services
Didi Chuxing, China’s largest ride-hailing company, has debuted a slew of financial products for workers, according to reports. The company will offer...
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4.0KPartnerships / AcquisitionsMoneyGram, Kroger Pair On Bill Pay
MoneyGram, a global money transfer and payment company, has announced a partnership with the Kroger family of stores, according to the company....
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5.4KBankingSquare Takes Another Shot At A Banking License
San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to...
