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The Evolution of Payments Fraud
Fraudsters are taking advantage of the increased number of transactions taking place online in today’s pandemic environment. Thanks to this shift, along with other recent payment trends like BNPL, the...
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What PayPal Has In Store for 2021
PayPal, one of the fintech originals, has had its fair share of news headlines in the past year. The fintech has been busy with its acquisition of rewards platform Honey, bringing QR code payment...
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Avaloq to Help Banks Deliver ESG Investment Portfolios
ESG investing index funds topped $1,258 billion at the end of September, cementing ESG stock selection into more than just a passing fad. Taking note, digital banking and wealth management Avaloq...
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How Fintechs Can Leverage iPhone 12’s New LiDAR
Apple launched its newest iPhone, iPhone 12, earlier this month. While many of the new features were expected, such as 5G and a refreshed design, there was one aspect on the iPhone 12 Pro that caught...
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Lightspeed to Acquire ShopKeep in $440 Million Deal
Cloud-based point of sale solution ShopKeep is taking an exit after 12 years in the business. Lightspeed, a competitor in the cloud-based POS space, has acquired ShopKeep for $440 million. Lightspeed...
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CoverHound Acquired by Insurance Brokerage Firm
Online insurance marketplace CoverHound announced today it has been picked up by insurance brokerage firm Brown & Brown in an acquisition deal this week. Terms of the arrangement, which also...
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Ripple’s New Report Cites Growth & Challenges in Blockchain Payments
Payments network Ripple, in conjunction with research and advisory firm Celent, recently released their 2020 Blockchain in Payments report. The two conducted a survey to better understand adoption of...
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BBVA to Use Prosper’s Tech to Power Digital HELOC Application
BBVA USA announced a new digital HELOC offering today for customers in select states. The tool, which is available through BBVA’s website, is powered by P2P lender Prosper. The digital HELOC tool aims...
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Zopa Launches Credit Card with Unique Feature
News first broke of Zopa’s plans to launch a bank in November of 2016. During the four-year-period since then, the U.K.-based P2P lender has been slowly progressing toward becoming a fully fledged...
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Snapchat Parent Company Acquires Voca.ai
With all of the drama around TikTok these days, you may have forgotten about Snap. Formerly known as Snapchat, the photo messaging app allows users to send and receive ephemeral messages complete with...
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PayPal Launches P2P Payments Tool in Collaboration with American Express
PayPal, Venmo, and American Express have partnered up this week in a move that will help deal with the awkwardness of group expenses. The group is launching Amex Send and Split, a tool that enables...
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Mastercard Modernizes Business Payments with Multi-Rail Strategy
Mastercard has been busy this week. In addition to finalizing its acquisition of data aggregation provider Finicity, the company is also enhancing its Mastercard Track Business Payment Service....
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What Ant Group Tells Us about Being Too Big to Fail
When is BigTech too Big? Ant Group may have the answer to that. After anticipating its IPO and setting share prices in late October, the China-based tech giant’s plans were put on hold when Chinese...
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Chase Launches its Own BNPL Tool
If you’ve started online shopping for the holiday season you’ve likely seen buy now, pay later (BNPL) offerings at the checkout. And starting today, Chase cardholders have even more options to pay...
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InterSystems on Navigating Data in the Fintech Landscape
The topic of data is one that pulses throughout conversations in the fintech industry. No matter what sub-sector you’re working in, it’s likely you faced the challenge– or are facing the challenge– on...
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Google Teams with 11 Banks to Launch Plex Bank Accounts
The word Plex may have been a meaningless word yesterday but starting today you can expect to see it pulse throughout news headlines. That’s because Google is making updates to its Google Pay app and...
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AU10TIX to Power ID Verification for Uber Drivers
Global identity verification and authentication platform AU10TIX teamed up with ride sharing company Uber this week to make rides in certain areas a bit more safe. Under a new program, Uber is...
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Trends Pulsing at FinovateWest
One of the most compelling aspects of Finovate conferences is that they help you keep up with the latest trends in the industry. And with changes happening at such a fast pace these days, there’s...
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OurCrowd Pulls in $60 Million to Deepen Ties in Japan
Venture investing platform OurCrowd is taking home an investment of its own this week. The Israel-based company announced today it received $60 million in capital from Japan-based ORIX. The investment...
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Libra Association Rebrands as Diem Association
Taking the opportunity to seize a fresh start that comes with a new year, Facebook’s Libra Association has rebranded to Diem Association. The group chose the name Diem, which is Latin for “day” to...
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