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Microsoft in talks to invest USD 10 bln in OpenAI

News | Online & Mobile Banking | 10 Jan 2023

Microsoft has allegedly been in talks to invest USD 10 billion into OpenAI, the artificial intelligence (AI) research and deployment company that owns ChatGPT.

investment, artificial intelligence, Microsoft, funding, ChatGPT, fintech

Microsoft partners with Nexi to drive payments digitisation in Europe

News | Online Payments | 29 Jul 2022

Microsoft has teamed up with Italy-based paytech Nexi to expand digital payments in Europe and augment businesses with cloud-based infrastructures.

Microsoft, digital payments, SMEs, cloud services, payments infrastructure

CWallet and Microsoft Qatar offer fintech services through Azure

News | Payments General | 28 Jun 2022

Qatar-based fintech CWallet has partnered with Microsoft Qatar to equip organisations with new tools to ensure the safety of digital payments.

Microsoft, partnership, fintech, digitalisation, fraud prevention

Finastra, Microsoft to bring embedded financing options with BaaS

News | Online & Mobile Banking | 12 Apr 2022

Finastra has announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs). 

partnership, Finastra, Microsoft, BaaS, embedded finance

Chargebacks911 and Microsoft to roll out fraud protection solution

News | Digital Identity, Security & Online Fraud | 03 Mar 2022

US-based post transaction fraud platform Chargebacks911 has announced it is developing a new AI fraud protection solution with Microsoft for financial institutions.

Chargebacks911, Microsoft, partnership, fraud prevention, chargebacks, friendly fraud, artificial intelligence, machine learning

US Bank and Microsoft partner to boost cloud computing banking

News | Online & Mobile Banking | 23 Feb 2022

US Bank has partnered with tech giant Microsoft to modernise its cloud computing technology.

partnership, mobile banking, online banking, Microsoft, COVID-19, cloud services, cloud banking

Microsoft will acquire Activision Blizzard to boost gaming community

News | Payments General | 19 Jan 2022

US-based tech giant Microsoft has announced its intention to acquire Activision Blizzard, game development and interactive entertainment company.

Microsoft, acquisition, cash management, mobile payments, purchase-to-pay

UK-based regulator to increase oversight on cloud banking giants

News | Digital Identity, Security & Online Fraud | 11 Jan 2022

The Prudential Regulation Authority has reportedly decided to take a closer look on Amazon, Microsoft, and Google, according to AltFi.

regulation, Bank of England, Amazon, Microsoft, cloud services

Microsoft survey 2022: priorities change for ecommerce executives

News | Ecommerce | 10 Jan 2022

A survey launched by SaaS platform Namogoo in partnership with Microsoft has shown that executives of ecommerce platforms are shifting priorities.

Microsoft, partnership, survey, ecommerce, online shopping, online platform

Verofax secures USD 1.5 mln in pre-Series A

News | Payments General | 04 Jan 2022

UAE-based asset digitisation and traceability solutions provider Verofax has secured USD 1.5 million in pre-Series A to expand its Traceability-as-a-Service offering.

funding, expansion, blockchain, digitalisation, Microsoft, Amazon

Temenos expands its partnership with Microsoft

News | Online & Mobile Banking | 16 Dec 2021

Temenos, a banking software company, has expanded its relationship with Microsoft to meet the demand from banks for SaaS and banking services delivered by The Temenos’ Banking Cloud.

Temenos, partnership, Microsoft, cloud, SaaS, financial services

Interac selects Microsoft's solution for digital payments

News | Online Payments | 01 Dec 2021

Canada-based interbank method Interac has tapped Microsoft Azure for its cloud capabilities to securely manage the growth of digital transactions in Canada.

digital payments, Microsoft, money transfer, online payments, cloud services, partnership

CLEAR partners with Microsoft for digital identity solutions

News | Digital Identity, Security & Online Fraud | 10 Nov 2021

Clear, a US-based consumer services company, has teamed up with Microsoft for its Azure Active Directory (AD), a digital identity solution where users confirm information about themselves.

Microsoft, partnership, digital identity, data privacy, data sharing

Backbase partners with Microsoft

News | Online & Mobile Banking | 10 Nov 2021

Global Engagement Banking Platform provider Backbase has partnered with Microsoft to help financial institutions move into the Engagement Banking Era with the first fully integrated financial services cloud stack. 

partnership, financial services, financial institutions, digital banking, Microsoft

Shopify launches ERP service for ecommerce businesses

News | Ecommerce | 15 Oct 2021

Canada-based ecommerce platform Shopify has announced the roll out of its first ERP programme in partnership with Microsoft and Oracle to offer tools and insights to ecommerce businesses.

ecommerce, partnership, ERP, Shopify, Microsoft, merchants

BNY Mellon to do wire payments with Microsoft Azure

News | Online Payments | 13 Oct 2021

US-based BNY Mellon has announced its collaboration with Microsoft to migrate infrastructure supporting wire payments into Microsoft Azure.

Microsoft, payment processing, cloud, digitalisation

Microsoft and Abu Dhabi Investment Office launch GrowthX Accelerator in UAE

News | Payments General | 11 Oct 2021

Microsoft, in partnership with the Abu Dhabi Investment Office (ADIO), have launched the GrowthX Accelerator programme in the UAE to boost fintech startups. 

Microsoft, startup, fintech, B2B payments

Microsoft set to roll out financial services cloud

News | Payments General | 08 Oct 2021

Microsoft has announced it will launch a financial services-specific cloud offering on 1 November 2021, with Virgin Money UK becoming one of its early users.

Microsoft, financial services, fintech, product launch

ACI Worldwide expands its alliance with Microsoft

News | Online Payments | 05 Aug 2021

ACI Worldwide has announced an expanded multi-year strategic alliance with Microsoft to deliver payments solutions in the cloud.

ACI Worldwide, Microsoft, partnership, cloud, financial institutions, digitalisation

Xcellerate IT chosen by Telstra Health and G8 Education to automate accounts payable

News | E-invoicing, SCF & E-procurement | 28 Jul 2021

Telstra Health and G8 Education have selected Xcellerate IT to implement accounts payable automation integrated with their ERP system, Microsoft Dynamics 365 Finance and Operations (F&O).

Microsoft, accounts payable