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Unlimit has partnered with Pagaloop to focus on strengthening the latter's app credit and debit card processing capabilities and ensuring high approval rates to facilitate continued expansion in the region.
spend management, SMEs, payments , credit card, instalment payments, partnership
The Paypers gathered payment and technology experts at Money 20/20 to explore the multifaceted topic of AI.
artificial intelligence, online security, data, data protection, ethics, fintech, banks
‘Artificial intelligence is almost a humanities discipline. It's really an attempt to understand human intelligence and human cognition.’ Sebastian Thrun, Computer Scientist
artificial intelligence, cryptocurrency, blockchain, chatbots, compliance, tokenization, instant payments, APP fraud, digital identity, Ripple, Sardine, Nvidia, Microsoft, banks, fintech
Latin American fintech Clara has launched a new payment account in Brazil with the goal of reaching USD 1.23 billion in transactions in 2024.
fintech, product launch, payments , transactions , expansion
Latin American end-to-end spend management platform Clara has launched Clara International Payments to provide customers with cross-border transfers.
product launch, cross-border payments, cross-border ecommerce, mobile payments, online payments, digital payments
Cryptocurrency worth more than USD 1.5 billion has been removed from Curve Finance after a hack, impacting the DeFi market in the process.
cryptocurrency, hacking, cryptocurrency exchange, crypto, digital assets
Tracy Brown, VP of Programs and Technology, MRC: ‘We see phishing being reported as a top attack, followed by first-party misuse, card testing, and identity theft depending on the region.’
MRC, fraud management, fraud prevention, ecommerce, online payments, first-party misuse, friendly fraud, identity theft, merchants, payments orchestration
Mexico-based spend management company Clara has closed on USD 60 million in equity in a funding round led by GGV Capital.
funding, investment, payment methods, PIX, spend management
Audit and advisory service provider KPMG has partnered with MindBridge in order to bring AI-based services into KPMG member firms’ digital audits worldwide.
partnership, artificial intelligence, machine learning, financial services, financial institutions, compliance
US regulators have announced that Silicon Valley Bank (SVB) will be acquired by rival First Citizens Bank following its collapse in March 2023, according to Euronews.
banks, acquisition
Clara, a Latin America-based spend management platform, has announced financing of up to USD 90 million from Accial Capital and its equity fund IMPACTO.
funding, spend management, financial services, ecommerce, retail
Syncfy, an Open Finance platform operating in Latin America, has secured USD 10 million in seed funding, as stated by an official press release.
Open Finance, funding, platform, banks, data aggregation, financial data, data sharing
US-based financial services company Goldman Sachs has decided to expand its transaction banking service to the European Union.
product upgrade, banking, financial services, financial institutions
US-based financial services company Goldman Sachs has agreed to lend USD 140 million to Chile-based fintech Xepelin to support its expansion into Mexico.
fintech, B2B payments, payments infrastructure, lending
Alexandra Constantinovici of The Paypers details on what startups we should keep an eye on in 2022 and beyond, as well as what trends tie in with these young companies.
startup, fintech, BNPL, payments infrastructure, account-to-account payment, funding
US-based multinational investment bank Goldman Sachs has extended a USD 150 million credit line to Mexican startup Clara, which lends to corporations and helps manage their spending.
funding, Unicorn, startup, lending, spend management
cryptocurrency, Bitcoin, regulation
investment, fintech, startup, SaaS, SME lending
corporate card, funding, COVID-19, neobanks, digital banking
PwC Switzerland, Baymatkets, partnership, Norway, Clara, exchange, OTC trading, technology, digital, crypto