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Ant Group Withdrawing From $100 Million Crypto Fund A&T Capital
Ant Group Withdrawing From $100 Million Crypto Fund A&T Capital
September 18, 2023  |  Cryptocurrency

Ant Group is reportedly preparing to wind back its investments in the cryptocurrency sector. The Chinese tech giant is unwinding its $100 million investment in venture...

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IBM and Swift Partner to Deliver Payments-as-a-Service to Financial Institutions
IBM and Swift Partner to Deliver Payments-as-a-Service to Financial Institutions
September 18, 2023  |  Partnerships

IBM Payments Center has joined the Swift Partner Programme, creating new collaboration opportunities with Swift members. The partnership between IBM and Swift brings together IBM’s expertise and Swift’s global reach to...

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Amazon Gears Up for Prime Big Deal Days in October
Amazon Gears Up for Prime Big Deal Days in October
September 18, 2023  |  Retail

Amazon is gearing up for its first Prime Big Deal Days event, which will take place from Oct. 10 to Oct. 11. The 48-hour event...

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Bank of America Debuts Tool to Digitize Trade Finance
Bank of America Debuts Tool to Digitize Trade Finance
September 18, 2023  |  Accounts Receivable

Bank of America has unveiled a platform to help business clients digitize trade finance. The company’s CashPro Supply Chain Solutions tool is designed to offer supply chain...

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UK Regulator: AI’s ‘Positive Future’ Isn’t a Guarantee
UK Regulator: AI’s ‘Positive Future’ Isn’t a Guarantee
September 18, 2023  |  artificial intelligence

The U.K.’s competition regulator thinks artificial intelligence can have a positive impact — when managed correctly. “There is real potential for this technology to turbo...

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Bank of America Gives CashPro Chatbot an AI Upgrade
Bank of America Gives CashPro Chatbot an AI Upgrade
September 18, 2023  |  artificial intelligence

Bank of America is giving its virtual service adviser CashPro Chat an AI-centered upgrade. The banking giant announced Monday (Sept. 18) that its business clients will...

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Swift and Wise Team to Offer FIs More Cross-Border Options
Swift and Wise Team to Offer FIs More Cross-Border Options
September 18, 2023  |  Partnerships

Money transfer firm Wise and global messaging platform Swift have launched a cross-border payment partnership. The collaboration, announced Monday (Sept. 18), is designed to provide financial institutions and their customers with...

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Plaid and Cross River Team on Real-Time Payments With FedNow
Plaid and Cross River Team on Real-Time Payments With FedNow
September 18, 2023  |  Real-Time Payments

Cross River Bank and Plaid say they’ve joined FedNow® Service to widen customers’ instant payment access. The collaboration, announced Monday (Sept. 18), also makes Cross River among the...

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HSBC and Nova Team to Help UK Immigrants Boost Their Credit
HSBC and Nova Team to Help UK Immigrants Boost Their Credit
September 18, 2023  |  Financial Inclusion

British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release...

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