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Get Ready for Finovate in Focus
Next month, we’re introducing a new way to focus on the hottest themes in fintech through our new event series. Dubbed FinovateFocus, the new series includes two micro-events that take place on the...
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The Commodification of Payments Platforms
The following is a guest post by Sandeep Sood, CEO of Kunai. Last year, Facebook announced that all Whatsapp users in India would be able to send payments using India’s Unified Payments Interface...
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NAB to Acquire Australian Smart Bank 86 400
National Australia Bank (NAB) announced its intention to purchase digital “smart bank” 86 400 today. The $664 billion (AUD$867) bank plans to spend $168 million (AUD$220) to purchase the digital...
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Payshield Leverages Visa’s Verifi to Fight Chargebacks
PCI-DSS innovator PayShield announced a partnership with Visa’s Verifi, a chargeback protection suite solutions provider this week. PayShield selected Verifi to bolster its Express Resolve chargeback...
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January’s M&A Fintech Landscape
When analysts predicted what would happen in the fintech sector after the pandemic hit last year, one of the top forecasts was that the industry would consolidate. That is, companies that had an...
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InvestCloud Becomes Fintech’s Newest Unicorn
Wealth solutions platform InvestCloud announced it is now valued at $1 billion, making it a new fintech unicorn. The new valuation comes after the fintech restructured its debt and equity in a...
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Payoneer To Go Public Via SPAC, Now Valued at $3.3 Billion
Cross-border payments expert Payoneer is the latest fintech to go public via SPAC merger. The New York-based company has agreed to merge with FTAC Olympus Acquisition Corp. The transaction is expected...
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Six Things to Know About Crypto So Far This Year
Though we’re only four weeks into it, 2021 has been a big year for cryptocurrency. While there has been a multitude of news items in the crypto space, there are a handful of items worth highlighting....
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Stash Raises $125 Million
Investment platform Stash announced a new round of financing today. The $125 million Series G round boosts the company’s total funding to over $427 million. Eldridge led the round, which received...
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CoCoNet Appoints Mark Lohweber as New CEO
Digital corporate banking solutions company CoCoNet Software announced a new CEO today. Mark Lohweber is now heading up the company, taking the reins from former CEO Björn Hassing, who will transition...
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NCR Acquires Terafina to Expand Digital Banking Platform
Two weeks after announcing its purchase of Cardtronics, fintech hardware giant NCR is acquiring Terafina, a company known for its digital account opening and onboarding tools. Financial terms of the...
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Why I Have a Close Eye on DeFi
The decentralized finance (DeFi) conversation started to pick up about a year ago. Today, we’re starting to see this once-fringe topic emerge as a mainstream conversation in fintech. In fact, now that...
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Shopify Brings Embedded Finance to Facebook & Instagram
As social commerce rises, e-commerce platform Shopify is getting in on where the action is happening. The company announced today it is bringing its Shop Pay checkout and payment processing system to...
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How Micronotes is Empowering Consumers through Refinance
AI marketing expert Micronotes recently launched a refinancing tool that will help consumers reorganize their debt, while enabling banks to lower their borrowing costs and boost customer retention....
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Why Fintech Is Slowly Integrating Into The Insurance Industry
The following is a guest blog post by Paul Monaco, Client Director at Focus Oxford Risk Management The adoption of financial technology continues to rise in general. This progression over time means...
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Klarna Launches Bank Account Offering in Germany
Klarna is taking its Buy Now, Pay Later (BNPL) platform to a logical next step. The Sweden-based company announced today it will launch a bank account offering in Germany. This move makes Klarna the...
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Moody’s to Acquire Cortera
Data analytics firm Moody’s announced plans to acquire data insights company Cortera this week. Terms of the deal, which is expected to close in the first quarter of this year, are undisclosed....
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Our FinovateFocus Events are Free this Month
If you have the WiFi, we’ll bring the content. This month, we’re hosting two FinovateFocus events– Connect and Roundtable. Both events are free to attend and will take place on February 25 from 9 a.m....
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Small Banks Can Now Use Kasasa to Offer Bitcoin Wallet
Cryptocurrencies have dominated the fintech headlines this week- from Mastercard agreeing to allow merchants to accept payments in cryptocurrencies to BNY Mellon’s announcement that it will begin...
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Mozo Acquired by Future PLC
Australia-based financial comparison website Mozo has agreed to be acquired by British Media company Future PLC. Future anticipates the purchase will fuel its global growth by creating a new revenue...
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