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ACI Worldwide, a global provider of payments technology, has released its latest Scamscope report, showing that APP scam losses will reach USD 7.6 billion by 2028.
report, fraud management, APP fraud, RTPs, financial institutions
GTreasury has announced its partnership with PNC Bank in order to introduce Embedded Banking integration to customers through PINACLE Connect.
partnership, banking, embedded finance, financial services, financial institutions
Alibaba Group has revealed its intention to consolidate its Chinese and international ecommerce platforms under the Alibaba Ecommerce Business Group.
payment processing, ecommerce, online payments, platform, financial institutions
One Inc has revealed a partnership with U.S. Bank to deliver a better payment experience for property & casualty (P&C) and life insurance providers.
payments , ecommerce, fintech, financial institutions, payment methods
The US Department of the Treasury’s Bureau of the Fiscal Service has announced the selection of BNY as the financial agent for the Direct Express program.
partnership, banking, financial services, financial institutions
AAZZUR has partnered with Fourthline, an emerging provider of digital identity technology and KYC solutions.
banking, fintech, partnership, financial services, financial institutions
Nubank has considered shifting its legal base to the UK, an initiative that will mark an important step in Britain’s push to encourage more tech firms to move to the country.
expansion, banking, financial services, financial institutions
Wonder Group has agreed to acquire Grubhub from Just Eat Takeaway.com for USD 650 million, a reduction from the USD 7.3 billion valuation it held at the height of the pandemic.
acquisition, ecommerce, financial services, delivery, financial institutions
Supply chain fintech VoloFin has announced the rise of USD 50 million in order to provide Indian exporters with optimised access to trade finance.
funding, investment, banking, financial services, financial institutions
Santander has started to roll out its digital Openbank solution for customers and partners in the region of Mexico, including a new website and smartphone app.
expansion, product launch, banking, financial services, financial institutions
Atome Financial has secured a syndicated credit facility of up to USD 200 million, expected to accelerate financial inclusion in the region of Southeast Asia.
investment, funding, banking, financial services, financial institutions
Revolut has been authorised by the FCA to operate as an investment firm, allowing the fintech to expand its services and provide UK and EU clients with stock trading tools.
product launch, banking, financial services, financial institutions
Web3 money application Wirex has announced its partnership with Banking Circle in order to provide worldwide customers and firms with improved financial operations.
Klara AI has announced its partnership with global fintech company Unlimit in order to launch a financial solutions specifically designed for women across the EU.
partnership, product launch, banking, financial services, financial institutions
TrueLayer has laid off roughly a quarter of its workforce in a single day, as part of an effort to cut down costs and become more profitable.
banking, Unicorn, Open Banking, financial services, financial institutions
NatWest Group has announced its partnership with NCR Atleos in order to optimise its self-banking channel and build a strong foundation for development.
Mbank has signed an MoU with Meydan Management Services in order to facilitate corporate account opening processes for businesses in the region of the UAE.
The UK Chancellor has announced their plans to introduce a suite of reforms to ensure the growth and development of the region’s financial services sector.
regulation, financial services, financial institutions, expansion, financial inclusion
Selfwealth has received a non-binding indicative proposal from AxiCorp Financial Services, as the latter aims to acquire 100% of the shares for USD 0.23 cash per share.
investment, acquisition, banking, financial services, financial institutions
UK financial regulators have established new rules aimed at enhancing the resilience of technology and third-party providers supporting financial firms.
regulation, compliance, financial services, financial institutions